Local Procurement

Local Procurement can be challenging as the commodities bought are of small values and fall under various categories. The large supplier base spread possesses various challenges for buyers as below.

• Suppliers Varied Cost
• Quality
• Poor supply chain
• Risk management
• Inaccurate Data/ Specifications
• Compliance
• Payment terms

PetroArabwith decades of combined experience of the team can resolve such challenges by adopting to various procurement models.

• Spot Buying Model
• Street Buying Model
• Blanket Purchasing Model
• Cost Plus Fee Model
• Vendor Managed Inventory Model
• Focus on strategic purchasing. Hence, we developed street buying models where we dedicate a buyer and he manages all your local buying and also supply chain and payments terms. This has helped many of our customers to reduce suppliers’ transactions and hence reduced operational expense of the company. In this model we commit delivery within from 24Hrs-48Hrs Max
• As we are aware of the local supplier market and since we are buying for various customer, we take advantage of negotiated prices
• We suggest our customer to go with One qualified supplier over several hundred or thousands supplier model.
• We help our customers to have the grip on their tail spends.
• Timely reporting and analysis. Insight into even the smallest one-time purchases
• Help customer in uncontrolled expenses
• Lower risk of rejections and due to quality or inaccurate items.
• Compliance