Huaxing Petrochemical's e-business purchase platform can offer 15 products from 188 suppliers as of August 7. The platform has realized 4.74 million yuan ($770,938) in purchase value.
Since ChemChina began to promote its e-business purchase platform, Huaxing Petrochemical has been able to sort out its purchase demand and send requests to suppliers. The supervision department determined suppliers based on the online quoted price. The purchase plan was input into the e-business purchase platform through the ERP system. Suppliers can offer prices online, realizing an efficient and open purchase process. In addition, the purchase department sorted out supplier information, including cooperation history, product quality, delivery and after-sales services. It then put them in different categories based on their strength and business credit.
The whole purchase process is traceable, and various receipts and documents will be kept in standard forms. To date, the company's platform has 15 varieties of valves, axles and pipe fittings. The platform is expected to offer more than 20 chemicals and spare parts by the end of August.