The ChemChina Petrochemical Corp recently adjusted its organization by making its supply and marketing, fuel, ore, and, chemical trade divisions a part of the supply chain management dept. This important step will speed up purchasing reform, make better use of resources, make operations more concentrated, and improve competitiveness.
While reforming management, the company started concentrating on lean management and operational management and controls, with purchasing reform as a key task. It began work on its marketing system and warehousing and logistics system, and, through improved management, and upgrading the distribution controls, it has increased profitability, and improved core competitiveness and sustainable development. Thanks to the help of purchasing reform experts, it finished a purchasing structure and purchasing procedure design, set up a specialized purchasing site, and made its deputy chief commercial officer the head of supply chain management. The company also chose division managers for data gathering and sorting, and began preparing for project implementation.
The supply chain department, by sharing market and forecast information, can properly manage logistics, capital, and business operations in production and circulation, and coordinate all business operations speedily for maximum efficiency. The company also fine-tuned its business procedures, set up a purchasing system that suits its operation and management model, and cuts costs. At the same time, it used the ChemChina warehousing and shipping site to integrate its fuel transportation and warehousing and make warehousing and logistics more efficient, which makes it easier to cater to operation and management needs, its centralized marketing system, and the allocation of logistics and resources.