PROCUREMENT & PURCHASING
PROCUREMENT & PURCHASING
Geranium Limited O&M services also reach out to third-party operators and original equipment manufacturers (OEMs). Our service portfolio includes physical asset management solutions, revenue assurance, ongoing maintenance and repairs, and complete operational solutions for assets across Nigeria. We consolidate risk mitigation and operational challenges associated with OEM spare parts procurement into a single accountable entity to leverage economies of scale and deliver comprehensive asset management services at greater efficiency and lower cost.
Procurement & Purchasing
We can negotiate and supply bankable technology of key OEM providers and services suitable to the project at the best terms possible for our clients in the following industries:
- Food and Beverage Industry
- Oil and Gas
- Power )Gas Turbine and Renewable energy)
- Power Energy Management
We represent quite a several process manufacturer’s OEM
spares, from filters, industrial compressors to automation OEM spare parts.
We conceptualize, design & deliver (Install) world-class supply chain management to our customers which is efficient & affordable to their production value chain. Our main intent in the EPC space is to provide top end quality procurement services.
Some companies have a centralized procurement group which is typically located at their corporate office. Our Procurement is directed and managed from a single point, encompassing targets, lines of authority, and prioritization.
While there is a corporate office, Procurement is managed at the operations level with some co-ordination between procurement operations. Targets, lines of authority, and prioritization tend to be controlled by the operation location rather than controlled by Corporate. Strategic savings may not be fully realized by organizations structured in this manner.
Procurement activities are coordinated and center-led, but with a range of activities left under operations control. Good communication across all divisions provides maximum efficiency and effectiveness regarding procurement decisions.
Procurement forms the crux of SCM, especially in the operations stage. However, there are numerous methods of procurement. The established ones among them are:
• RFI – Request for Information
Highlights: Budget or estimate pricing only
• P-Card – Procurement Card
Highlights: One-time purchases, simple product purchases, Emergency purchases
• Blanket Order
Highlights: Repetitive purchases, simple product purchases
• No form of Competitive bid required.
Highlights: Sole source purchases, spare parts, exceptionally reliable suppliers
• RFQ – Request for Quotation
Highlights: well-defined scope of work, standard equipment.
• RFP- Request for Proposal
Highlights: installations, commissioning of large types of equipment
The RFQ and RFP are the most widely used methods.
Easy Spare Part Management
With the modification in the product architecture, few spare parts become obsolete, and new ones are introduced in the market. With our knowledge of spare parts management, you can easily delete the obsolete parts and can add new ones.