The effectiveness of procurement department towards the process of purchasing goods at Petrofac Malaysia / Ahmad Adiputra Selamat

This study is conducted as a partial fulfillment of the coursework of Project paper (IBM 662). Title of the study is “The Effectiveness of Procurement Department towards the Process of Purchasing Goods at Petrofac Malaysia”. The main objective of the study is to compare the current process of purcha...

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Bibliographic Details
Main Author:	Selamat, Ahmad Adiputra
Format:	Student Project
Language:	English
Published:	Faculty of Business and Management 2009
Subjects:	Industrial policy. Government purchasing Purchasing. Selling. Sales personnel. Sales executives
Online Access:	http://ir.uitm.edu.my/id/eprint/24593/ http://ir.uitm.edu.my/id/eprint/24593/1/PPb_AHMAD%20ADIPUTRA%20SELAMAT%20M%20BM%2009_5.pdf

id	uitm-24593
recordtype	eprints
spelling	uitm-245932019-07-22T03:10:13Z http://ir.uitm.edu.my/id/eprint/24593/ The effectiveness of procurement department towards the process of purchasing goods at Petrofac Malaysia / Ahmad Adiputra Selamat Selamat, Ahmad Adiputra Industrial policy. Government purchasing Purchasing. Selling. Sales personnel. Sales executives This study is conducted as a partial fulfillment of the coursework of Project paper (IBM 662). Title of the study is “The Effectiveness of Procurement Department towards the Process of Purchasing Goods at Petrofac Malaysia”. The main objective of the study is to compare the current process of purchasing goods at Petrofac Malaysia with what was suggested by MDT International in their training manual “Procurement and Supply Chain Management – How to Manage the Successful Contracts” produced in 2007 whether there was gaps identified or not. Besides, the researcher also would like to identify any deficiencies that might occur during the process of purchasing goods at by Procurement Department at Petrofac Malaysia. The study was conducted under two types of data collections; Primary data and Secondary data. The primary data was collected from the series of discussions with inter-department’s staffs at Petrofac Malaysia such as Human Resource, IT, Drilling, Subsurface, Production, Finance and Corporate Affairs. In the other hand, secondary data was collected from various source like internet, Petrofac’s Annual Report, magazines, newspapers, journals, books and articles that related to the topic of the study. As for the findings, the current practice at Petrofac Malaysia concerning the process of procuring goods are found similar with what was suggested by MDT International. Anyhow, the methods used by Petrofac Malaysia on selecting bidders are based on the rules and requirement by national oil company, Petroliam Nasional (Petronas) which from the database of bidders’ list called List of Licensed and Registered Companies (LLRC). The researcher also pretty sure the other countries also have their own methods on bidders’ selection in line with what was suggested by MDT International. The researcher also identified some deficiencies during the procuring process; time consuming, outsourcing activities and Approved Contract Values (ACV) monitoring. Therefore, there are few suggestions by the researcher in order to minimize the deficiencies and to increase the effectiveness of the procurement process by Procurement Department at Petrofac Malaysia. Faculty of Business and Management 2009 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/24593/1/PPb_AHMAD%20ADIPUTRA%20SELAMAT%20M%20BM%2009_5.pdf Selamat, Ahmad Adiputra (2009) The effectiveness of procurement department towards the process of purchasing goods at Petrofac Malaysia / Ahmad Adiputra Selamat. [Student Project] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Industrial policy. Government purchasing Purchasing. Selling. Sales personnel. Sales executives
spellingShingle	Industrial policy. Government purchasing Purchasing. Selling. Sales personnel. Sales executives Selamat, Ahmad Adiputra The effectiveness of procurement department towards the process of purchasing goods at Petrofac Malaysia / Ahmad Adiputra Selamat
description	This study is conducted as a partial fulfillment of the coursework of Project paper (IBM 662). Title of the study is “The Effectiveness of Procurement Department towards the Process of Purchasing Goods at Petrofac Malaysia”. The main objective of the study is to compare the current process of purchasing goods at Petrofac Malaysia with what was suggested by MDT International in their training manual “Procurement and Supply Chain Management – How to Manage the Successful Contracts” produced in 2007 whether there was gaps identified or not. Besides, the researcher also would like to identify any deficiencies that might occur during the process of purchasing goods at by Procurement Department at Petrofac Malaysia. The study was conducted under two types of data collections; Primary data and Secondary data. The primary data was collected from the series of discussions with inter-department’s staffs at Petrofac Malaysia such as Human Resource, IT, Drilling, Subsurface, Production, Finance and Corporate Affairs. In the other hand, secondary data was collected from various source like internet, Petrofac’s Annual Report, magazines, newspapers, journals, books and articles that related to the topic of the study. As for the findings, the current practice at Petrofac Malaysia concerning the process of procuring goods are found similar with what was suggested by MDT International. Anyhow, the methods used by Petrofac Malaysia on selecting bidders are based on the rules and requirement by national oil company, Petroliam Nasional (Petronas) which from the database of bidders’ list called List of Licensed and Registered Companies (LLRC). The researcher also pretty sure the other countries also have their own methods on bidders’ selection in line with what was suggested by MDT International. The researcher also identified some deficiencies during the procuring process; time consuming, outsourcing activities and Approved Contract Values (ACV) monitoring. Therefore, there are few suggestions by the researcher in order to minimize the deficiencies and to increase the effectiveness of the procurement process by Procurement Department at Petrofac Malaysia.
format	Student Project
author	Selamat, Ahmad Adiputra
author_facet	Selamat, Ahmad Adiputra
author_sort	Selamat, Ahmad Adiputra
title	The effectiveness of procurement department towards the process of purchasing goods at Petrofac Malaysia / Ahmad Adiputra Selamat
title_short	The effectiveness of procurement department towards the process of purchasing goods at Petrofac Malaysia / Ahmad Adiputra Selamat
title_full	The effectiveness of procurement department towards the process of purchasing goods at Petrofac Malaysia / Ahmad Adiputra Selamat
title_fullStr	The effectiveness of procurement department towards the process of purchasing goods at Petrofac Malaysia / Ahmad Adiputra Selamat
title_full_unstemmed	The effectiveness of procurement department towards the process of purchasing goods at Petrofac Malaysia / Ahmad Adiputra Selamat
title_sort	effectiveness of procurement department towards the process of purchasing goods at petrofac malaysia / ahmad adiputra selamat
publisher	Faculty of Business and Management
publishDate	2009
url	http://ir.uitm.edu.my/id/eprint/24593/ http://ir.uitm.edu.my/id/eprint/24593/1/PPb_AHMAD%20ADIPUTRA%20SELAMAT%20M%20BM%2009_5.pdf
first_indexed	2023-09-18T23:12:55Z
last_indexed	2023-09-18T23:12:55Z
_version_	1777418921918332928

The effectiveness of procurement department towards the process of purchasing goods at Petrofac Malaysia / Ahmad Adiputra Selamat

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