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General information
In May 2006, after PSO project had been successfully finished MOL Group initiated its second group level efficiency improvement program named GLOBAL 5 project.
MOL Group’s Mid-term Strategy calls for savings in operations, procurement and maintenance costs by 2010. Some of these savings will occur from the GLOBAL 5 initiative, an innovative new approach to Supplier Management. Suppliers are asked to contribute in advance to the Group project efficiency improvement process, proactively offering technical, commercial and process improvements where applicable. The figure “5” in “GLOBAL 5” means that, at the end of the process, MOL Group would like to see a 5% efficiency improvement where purchased goods and services are concerned.
Why is it worth for you joining our GLOBAL 5 program?
- First of all you can cooperate with all affected business units of MOL Group through one channel. The harmonization among the different needs of business units of MOL Group companies will be supported by us.
- After having closer cooperation with our business units, you will be informed about our requirements and future plans earlier.
- You can prove your innovative capabilities and readiness to cooperate with one of your key clients in a more efficient way. Your market share on the affected countries can be strengthened easier and your reputation will be enhanced.
- If our negotiations and level of cooperation will prove it feasible, we offer you to enter to a long term partnership with MOL Group.
- Your company will be awarded with a GLOBAL 5 certificate – you will belong to the preferred suppliers of MOL Group
The main objective of Global 5 program is to improve the cost competitive cooperation between MOL Group companies and its preferred suppliers.
GLOBAL 5 has comprehensive coverage of cost optimization levers focusing on both cost reduction as well as efficiency improvement. We believe that this program will substantially improve the cost competitiveness of both MOL Group companies as well as its suppliers.
How can you actively take part in GLOBAL 5?
If you are potential supplier of MOL Group, please use the following link: How to participate in GLOBAL 5 program to send us your innovative ideas concerning technical field. If you are currant supplier of MOL Group you are asked to contact us with your innovative ideas, as:
In the field of technical optimization
- Re-specification of products including use of alternative materials
- Standardization of parts to reduce multiple product variations
- Throughout and process improvement to increase productivity and output etc.
In the field of commercial optimization
- 5 % reduction of in total cost (i.e. purchasing price, maintenance or utility cost etc.)
- Acceptance of new standard account payable days etc.
If you find your cost category in the list of Waves and categories you are kindly requested to make your proposals on efficiency improvement.
If you do not find your cost category/activity field you are asked to contact us and we will tell you how we can cooperate and how we can support your idea to be implemented.
For further information please, feel free to contact our colleagues!
Productivity Centre contact:
E-mail address: Global5@mol.hu
Your active contribution is highly appreciated!
Finally, we would like to reiterate that GLOBAL 5 is an integral part of MOL Group’s strategy, and receives full attention from top
