If You Cannot Measure It, You Cannot Improve It

In Blowplast limited, we have purchasing policies and procedures which are established & adhered by our procurement department. We establish the regulations which include a set and controlled expenditure restrictions and offer a list of authorized vendors from which our procurement personnel are composed to purchase the products and services satisfying our company needs in the correct way possible.

Our procurement processes involves planning, execution, physical flows of goods, the flow of information, processes, financial management, sourcing, logistics, distribution, repair and recycling, business management and much, much more.

Blowplast procurement department focuses on the four basic goals which help in enhancing our day to day activities in the organisation.

1. Maintain the correct supply of items and services

Using systematic controls, we prevent fraudulent purchases. Based on historical vendor performance metrics, we also develop vendor expectations, predictions and selection criteria, by creating a vendor scorecard with critical criteria including lowest cost paid, on-time delivery, and required lead time and keep track of it on a regular basis.

2. Maintain the operation’s quality standards

We maintain and evaluate best quality standards by an in depth comparison of products and services to determine which best meet the organisation’s standards.

3. Minimize the amount of money spent

We ensure the using trend analysis to better estimate future purchasing and manufacturing requirements, as well as overstock analysis to reduce non-performing inventory.

4. Stay competitive with similar operations

We consistently analyse statistics and use decision support tools to constantly improve purchasing and procurement activities.

In conclusion, the Covid-19 has had a great impact on ongoing operations in the country, however, our procurement processes have not been affected due to flexibility in adjusting to our environments adaptations and having the processes active at all times.

Written by

Brijesh Chhaya, Procurement