CNPC PROCUREMENT COST MANAGEMENT IN THE CONTEXT OF SUPPLY DISRUPTIONS

Abstract

In the context of globalization and instability in supply chains, procurement cost management is becoming a key factor in improving the efficiency of large oil and gas companies. The China National Petroleum Corporation (CNPC) is faced with the need to optimize procurement activities, minimize financial losses and ensure the continuity of the production process in the face of periodic supply disruptions.
The relevance of the study is due to the fact that supply disruptions negatively affect the sustainability of production operations, increase costs and create the risk of failure to achieve the company's strategic goals.
The purpose of this study is to develop an effective CNPC procurement cost management model, taking into account possible supply disruptions and risks associated with external and internal factors. To achieve this goal, the following tasks were set:
As part of this study, it is necessary to analyze existing approaches to procurement management in large oil and gas companies. During the analysis, it is necessary to identify the advantages and limitations of each approach.
It is also necessary to investigate the impact of supply disruptions on CNPC procurement costs. As a result of the study, it is necessary to identify the key risk factors associated with supply disruptions.
Based on the data obtained, it is necessary to develop recommendations for optimizing the company's procurement strategy, taking into account possible supply disruptions.
Next, it is necessary to evaluate the economic effectiveness of the proposed measures and their impact on reducing procurement costs.