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Event Updates » The industry hotly discusses the transformation of petrochemical equipment supply chain management

The industry hotly discusses the transformation of petrochemical equipment supply chain management

At the 11th China Petrochemical Equipment Procurement International Summit and Exhibition (CSSOPE 2021) held in Shanghai from June 23 to 24, many industry experts said on the issues of petrochemical equipment procurement and supply chain management, In the post-epidemic era, the petrochemical equipment industry should actively improve the soft power of the equipment industry, promote the joint construction of a sustainable supply chain, open up overseas markets, and accelerate the transformation of procurement and supply management.

  "Sustainable chemical supply chain is an important strategic business advantage." Arkema (China) Investment Co., Ltd. Materials and Service Procurement Asia Pacific Director and TfS Asia Rotating Chairman Yang Huaning said that traditional procurement behaviors face environmental governance and corporate management. , Production safety, employee care and many other challenges, sustainable procurement behaviors must promote the upgrading of corporate strategy in the aspects of supply chain security, business partner selection, talent attraction, corporate compliance, reputation risk, etc.

  Qian Zhaogang, general manager of the Materials and Equipment Department of Wanhua Chemical Group Co., Ltd., introduced Wanhua's practice of transforming from traditional procurement to tactical procurement to strategic procurement, and finally to value procurement. He said that only in terms of digital collaboration and ecological inventory sharing, Wanhua has realized the docking of 5 general material manufacturers, with an available inventory of 260 million yuan. The docking category is expected to reduce the annual capital occupation by 3% and the delivery time by 80% (average 15 days). ), the per capita operating efficiency increased by 5%, and the supplier inventory turnover rate increased by 20%.

Experts in the industry generally believe that in supply chain quality management, efforts should be made to improve soft power: first, product quality is the core and the foundation for enterprises to build with great concentration; second, efforts must be made to build an integrity system; Evaluation and review; fourth is to select project leaders with strength and experience in project management; fifth is to strengthen product research and development.

  Many representatives of participating companies said that the overseas market is still a hot spot that the petrochemical equipment industry cannot give up, and companies still have to take big steps to "go global."

  "As the country builds a new pattern of "dual cycle" development, China's chemical engineering construction companies will enter a new stage of development in the overseas engineering market in 2021, and will also drive more related industries and engineering equipment and materials into the global market." Zheng Jianhua, vice chairman of the China Chemical Construction Enterprises Association, said. In recent years, with the acceleration of the global market layout of chemical construction enterprises, the operating income of my country's chemical construction enterprises from overseas contracted projects has been increasing year by year. According to statistics, in 2020, my country's chemical construction enterprises will achieve over 300 billion yuan in newly signed contracts, and the cumulative purchase of engineering materials and materials will exceed 28 billion yuan. Up to now, there are more than 300 overseas projects under construction, with a cumulative contract value of more than 58 billion U.S. dollars, and more than 220 projects under construction in countries along the “Belt and Road” with a cumulative contract value of 45 billion U.S. dollars. While chemical construction companies are undertaking overseas engineering projects, they have also driven the export of Chinese mechanical and electrical products and engineering materials,

While chemical construction companies are undertaking overseas engineering projects, they have also driven the export of Chinese mechanical and electrical products and engineering materials, as well as Chinese standards, Chinese technology, and Chinese manufacturing to "go global."

  Shi Yonghong, vice chairman of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, said, "Petrochemical equipment is a representative industry for China's manufacturing industry to "go global" and carry out international cooperation. It must actively respond to new challenges with a more open, cooperative and joint development attitude."

Mr. Abdulrahman M. Al Hatlan,SPLD Director & Shanghai Branch Manager,Aramco Asia, expressed optimism about the "going out" of petrochemical equipment procurement. He believes that Saudi Arabia continues to launch new projects, especially the docking of the "Saudi 2030 Vision" and China's "One Belt One Road", which has brought a lot of business opportunities to Chinese suppliers.

    

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