NEEDS ASSESSMENT
TO DELIVERY EXCELLENCE.
Our procurement process is a comprehensive approach designed to secure oil products and services in a timely, cost-effective manner while ensuring compliance with quality standards. It begins with a needs assessment, by which TG TRADING identifies specific requirements based on operational demands, market needs, or project specifications. This planning stage is crucial as it sets the foundation for each product procured successfully,
aligning with our company’s strategic objectives and budget considerations. Market research is conducted to explore available options, we understand the pricing trends, and identify potential suppliers. This research phase helps in mapping out the supply landscape, ensuring that the best suppliers are considered.
Once potential suppliers are identified, our organization issues Requests for Proposals (RFP) or Requests for Quotations (RFQ). These documents formally communicate the detailed specifications, terms, and conditions of the purchase, inviting suppliers to submit their proposals.
After evaluating supplier offers, negotiations are conducted to finalize terms, followed by the issuance of a Purchase Order. The supplier then delivers the products, which are inspected for quality and compliance before payment is processed. Throughout the process, performance reviews and thorough documentation ensure accountability, compliance, and informed decision-making for future procurement activities.
Product Assessment and Planning
Conduct demand forecasting and establish the procurement plan aligned with business objectives.
Contract Negotiation and Placement
Issue a Purchase Order (PO) Review and verify the supplier’s invoice against the PO and delivery records.
Delivery and Inspection
Coordinate the logistics for product delivery, ensuring adherence to the agreed timeline.
Compliance and Documentation
Ensure adherence to legal, environmental, and safety regulations throughout the procurement process.
Delivery and Inspection
Coordinate the logistics for product delivery, ensuring adherence to the agreed timeline.
Compliance and Documentation
Ensure adherence to legal, environmental, and safety regulations throughout the procurement process.
THE ADVANTAGES ARE IN THE QUALITY OF PRODUCTS
At TG TRADING, we’re committed to delivering the highest-quality oil products to our customers. Our quality control measures ensure that every product meets standards.
- Economic growth and development and stimulating local economies.
- Providing a stable and secure source of energy supply to contribute to economic growth.
- Negotiate better prices with suppliers, reducing energy costs for consumers.
OUR COOPERATION STEPS
IN PROCUREMENT
Request for Quotation (RFQ)
Issue RFPs or RFQs to selected suppliers, detailing the specifications, terms, and conditions of the procurement.
Evaluation and Selection
Conduct a thorough evaluation of proposals based on quality, price, compliance, and supplier capabilities.
Order Placement
Issue a Purchase Order (PO) confirming the order details and terms agreed upon with the supplier.
Payment Processing
Process payments as per the agreed payment terms, ensuring timely and accurate financial settlements.
REVIEW FROM CLIENTS
TG TRADING has been a game-changer for our business. Their ability to negotiate competitive prices and provide a seamless supply chain has allowed us to focus on what we do best - serving our customers. Their team is professional, responsive, and always willing to go the extra mile to ensure our needs are met.
We were impressed by TG TRADING's commitment to sustainability and environmental responsibility. As a company that values corporate social responsibility, we appreciate TG TRADING's efforts to reduce waste and promote eco-friendly practices throughout their operations. Their oil products have been of high quality, and their customer service has been top-notch.
TG TRADING has been a reliable partner for our company's oil needs. Their team is knowledgeable and experienced, and they have helped us optimize our energy consumption and reduce costs. We appreciate their transparency and flexibility in working with us to meet our specific requirements.
As a small business owner, I was skeptical about working with an oil buyer company. But TG TRADING has exceeded my expectations in every way. Their team is friendly, responsive, and always willing to help me find the best solution for my business. Their prices are competitive, and their products are of high quality. I'm glad I made the decision to partner with TG TRADING.
PARTNERS WHO TRUST TG TRADING
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