| Abstract | The goods and services to serve production activities for any enterprise always play
important role in the existence and development of that enterprise. For the Joint Venture
Vietsovpetro (VSP), the oil and gas exploration activities are primarily carried out on the
offshore installations located more than 100 km from onshore, the role of goods and
services for maintenance, repair and operation (MRO) on those offshore installations even
more important.
Every year, the VSP spends hundreds of millions US Dollars to purchase goods and
services to ensure the production safety and continuity as well as to invest in new projects.
In the marine condition, the offshore facilities will be degraded quickly, VSP needs to
maintain and repair them on time by a large volume of materials, equipment. To capture
the investment opportunities, VSP needs to purchase of materials and equipment for
construction of new projects according to plan. It means the goods and services are
provided on time is a important factor affecting the economic efficiency in production
activities of VSP.
The purchasing process of goods and services in the VSP is implemented in accordance
with the provisions of the Vietnam’s Laws on Procurement and regulations of both parties
Vietnam and Russia. In fact, the delay in the process of purchase of goods and services has
caused many difficulties for implementation of production and development plan annually.
To overcome this delay, VSP has launched several measures to reduce the number of days
to perform an order from 216 days (in 2006) to 117 days per order (in 2009). However,
according to statistics in 2009 is still around 60% of purchasing orders were delayed.
This Case Research will analyze the reasons caused the delay in the implementing process
of purchase of goods and services in VSP. The main factors are analyzed concerning with
the legal, characteristics of the VSP, people and the purchasing process is being
implemented in VSP. And more important, the Case Research also proposed the solutions
to overcome the delay in implementation of purchasing process of goods and services in
VSP. |