A Study on Procurement Management of China Power Enterprises based on the Concept of Life-cycle Management

Yong Zhang; Jianjun Wang

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Paper

A Study on Procurement Management of China Power Enterprises based on the Concept of Life-cycle Management

In Proceedings of the Information Science and Management Engineering III ISME - Volume 1, 78-81, 2015 , Sanya, China

Authors: Yong Zhang ¹ and Jianjun Wang ²

Affiliations: ¹ State Grid Energy Research Institute, China ; ² China Banking Regulatory Commission, China

Keyword(s): Procurement Management, Life-cycle Management, Power Enterprises.

Abstract: Power enterprises are typical asset-intensive businesses. Power equipments have long operating cycle, and the health level of single equipment will seriously affect the safe and stable operation of the whole power system. Chinese power enterprises attach great importance to power enterprise equipment procurement and adopted a series of measures to improve the level of equipment procurement. However, due to the influence of traditional management concepts, there are some gaps between Chinese power enterprises and the world's most advanced enterprises in the overall strategy of equipment procurement, vendor management and asset life cycle management. This paper diagnoses the device management situation of Chinese power enterprises, finds problems in management practice and relative recommendations for improvement are put forward.

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Paper citation in several formats:

Zhang, Y. and Wang, J. (2015). A Study on Procurement Management of China Power Enterprises based on the Concept of Life-cycle Management. In Proceedings of the Information Science and Management Engineering III - ISME; ISBN 978-989-758-163-2, SciTePress, pages 78-81. DOI: 10.5220/0006019400780081

@conference{isme15,
author={Yong Zhang. and Jianjun Wang.},
title={A Study on Procurement Management of China Power Enterprises based on the Concept of Life-cycle Management},
booktitle={Proceedings of the Information Science and Management Engineering III - ISME},
year={2015},
pages={78-81},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0006019400780081},
isbn={978-989-758-163-2},
}

TY - CONF

JO - Proceedings of the Information Science and Management Engineering III - ISME
TI - A Study on Procurement Management of China Power Enterprises based on the Concept of Life-cycle Management
SN - 978-989-758-163-2
AU - Zhang, Y.
AU - Wang, J.
PY - 2015
SP - 78
EP - 81
DO - 10.5220/0006019400780081
PB - SciTePress