The document outlines an Inove program presented by Vale to develop local suppliers in Oman. It discusses the context of Vale's investments in Oman and challenges in developing local supply chains. It then summarizes the results achieved by Vale's Inove program in Brazil and proposes applying a similar approach in Oman, including conducting a supply and demand diagnosis, identifying gaps, and developing an action plan to support local Omani suppliers. Next steps proposed include sharing technology with local Brazilian suppliers and organizing supplier missions to Oman.
4. Less developed regions (27% of GDP) Greater need to leverage local suppliers Opportunity to reduce imbalances and improve community perceptions More developed regions (73% of GDP) Context In Brazil while south and southeast regions hold 73% of the Brazilian GDP, Vale´s operations are concentrated in other areas of the country, generating a similar challenge than Oman in terms of local suppliers development Vale's operations South and southeast regions
5. New Program VALE Institutional Relations H&S and Environment Operating Areas Procurement HR & Finance Communications Foundation Macro Plano de Ação Revisão de Processos Análise Demandas vs . Integration Action Plan Financeiras Normas e Divulgação Financials Training Policies & Processes Disclosure Government/ Trade Unions Governance Model Local Suppliers Others Context Based on the 2008 diagnosis of local industry, Vale decided to implement Inove , a new development program to leverage local suppliers…. Objectives Scope Local Content Growth Support investment plan Labor training Increase competitiveness of local industry Assure service and material supplies Financeiras Capacitação Normas e Processos Divulgação
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7. Results …and after five months of Inove implementation we have already achieved some background and important results 22 Roadshows and 700 Participants First national forum to discuss local suppliers development Business development R$ 11,7 Million (dec/08 to mar/09) Target: R$ 120 MM Financial Online courses pilot training: 10 companies and 60 employees Launching of the online courses: June/2009 Target: 100 companies and 1.000 trained employees in online courses Education
11. Inove´s Calendar Roadshows Inove Forum Identify together with stakeholders initiatives to develop local suppliers North Technical Seminars Governance meetings start-up South Technical Seminars Pará Diagnosis Inove implementation Dec 4 th – Inove Kick Off 2008 2009 Regional Awards Suppliers Day (North & South) Online Courses launching Inove National Award May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
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Notas do Editor
Nesta trajetória, viajamos o país para divulgar as ações do Inove, realizando 20 roadshows envolvendo cerca de 500 pessoas. ferramentas financeiras que nos suportem a atingir a meta de disponibilizar R$ 120MM O Inove também tem como meta capacitar 100 empresas e 1000 trabalhadores
Nesta trajetória, viajamos o país para divulgar as ações do Inove, realizando 20 roadshows envolvendo cerca de 500 pessoas. ferramentas financeiras que nos suportem a atingir a meta de disponibilizar R$ 120MM O Inove também tem como meta capacitar 100 empresas e 1000 trabalhadores