News Release Details
New Delhi 16-Oct-2015
L to R – Mr. H K Dhir , CMTM(P), A Lahiri, GM(Mat), Mr . B V Ramagopal, ED(PR) , Mr . Vijay Prakash, ED(I/c),
Mr. M R Sonde, GM(I/c)-PNC and Mr. T D V S Gopalakrishna, GM(T)-PNC releasing the
“Tips for Business Partners” handbook on the occasion
“With mushrooming of e-tendering and other technologies in the changing environment, there is a need to apprise the vendors and bridge the gap, thereby making the business sustainable and transparent “said Mr. Vijay Prakash, ED(I/c) during the inaugural function of one- day vendors’ meet held under the aegis of materials department of Panipat Refinery & Petrochemical Complex (PR&PC). He inaugurated the programme on October 13, 2015 in the presence of Mr. B V Ramagopal, ED (PR), Mr. M R Sonde GM (I/c)-PNC, Mr. T D V S Gopalakrishna, GM (T)-PNC and Mr. A Lahiri, GM (Mat).
In his inaugural speech, Mr. Prakash also appreciated the immense contribution of the vendors for growth and success of the organisation. During the occasion, Mr. Ramagopal categorically stressed on nonexistence of IndianOil without the support of supply chain and urged the participants to understand the problems being faced by PSUs and carry out procurement in a defined way.
A presentation was made emphasising the importance of 6Rs of material management i.e Right materials, right quality, right quantity, right Price, right time and right source. A total of over 50 registered vendors participated in the deliberation. Mr. Sonde, GM (I/c), drew the attention of the vendors towards the concept of cost saving virtual stores for the betterment of the organisation. An open house session was also organised where all the vendors participated enthusiastically and opined their views and problems regarding bidding and other procurement activities. During the occasion, MOUs were also inked between IndianOil and suppliers. With a view to bring in more transparency, the meet was organised in line with the upcoming vigilance awareness week scheduled from October 26 to 30, 2015.
A special 12 page folder designed and published by corporate communications titled “tips for business partners” was also released on the occasion, which contained guidelines on various aspects like e- tendering, Invalid Offers, Deviations to the Tender, Evaluation of BID, Pre- Qualification Criteria, Memorandum of understanding (MOU), MSME Guidelines and various policies.