For Suppliers

For Suppliers

Procure-To-Pay Connectivity

To optimize connectivity with our supply chain partners Novolex has partnered with Coupa, a leader in Procure-to-Pay (P2P) digital technology. Coupa solutions enable purchase orders, invoices, and payments to go paperless, providing benefits to both suppliers and Novolex resulting from process efficiencies, data transparency, and enhanced security. Formal migration to the new platform began in 2023 and is being deployed in phases to Novolex business units and their suppliers. As part of deployment, all current and first-time suppliers must onboard on the Coupa platform to establish a formal supplier record for digital transactions. Novolex will invite current suppliers to self-onboard via the Coupa Supplier Portal in accordance with the phased deployment schedule. See the FAQs below for additional information regarding the deployment schedule, supplier onboarding, and complimentary access to Coupa features.

Procure-To-Pay Connectivity

 

Supplier Portal Resources

Coupa Supplier Portal Training Videos

Videos

Supplier Code of Conduct

Novolex regards all our suppliers as crucial business partners and requires that they understand and comply with human rights and other environmental, social and governance practices. The Novolex Supplier Code of Conduct, which explains our expectations of suppliers covering human rights, labor, environmental and management practices, among other topics. All Novolex suppliers must acknowledge the code upon onboarding via the Coupa supplier management platform. Novolex contractual terms also include an obligation for suppliers to adhere to the code. Non-compliance may prompt corrective actions, including third-party audits, and may lead to contract termination. We grant suppliers and their employees access to the Novolex Ethics and Compliance Hotline to offer a confidential channel to report concerns.

Supplier Code of Conduct
Supplier Code of Conduct

Supplier Diversity

The Novolex Supplier Diversity Program implements our commitment to promote diversity in our upstream and downstream supply chains. We identify suppliers who meet diversity criteria for inclusion in our search for new vendors. We also track our quarterly and full year spending with diverse suppliers. These metrics are an important tool for measuring the success of our supplier diversity program. Tracking the amount we spend on diverse suppliers also enables us to report expenditures with diverse suppliers to our customers who also value and support diverse businesses in their supply chains.

Supplier Diversity

Terms & Conditions of Purchase

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