Recently, the 7th China Petroleum and Chemical Industry Procurement Conference in 2023 was successfully held in Nanjing. The conference will focus on the theme of "stable chain, resilient chain, and high-quality", and conduct in-depth analysis and exploration on how the petroleum and chemical industry in the new era can effectively improve the resilience and safety level of the industrial chain, supply chain, and work together with forward-looking thinking to promote high-quality development of the industry.
As a powerful driving force in the energy industry, Endpoint Technology was invited to attend the conference. Senior business consulting expert Chen Xiao delivered a keynote speech on "Smart Procurement and Marketing, Building a New Interconnected Ecology in the Petrochemical Industry", sharing innovative solutions and rich practices that Endpoint Technology has contributed to the digital transformation of the energy industry.
1. The digital core of the petrochemical industry, deeply integrating industry practice with digital technology
With the accelerated implementation of China's "3060" dual carbon goals, a new round of energy revolution is emerging. A series of technology upgrades around carbon peaking and carbon neutrality are in full swing in the energy industry, involving multi-dimensional energy structure adjustment, process energy efficiency improvement, resource recycling and reuse. As the main body of implementing the dual carbon strategy, the petroleum and petrochemical industry is facing enormous pressures such as safety, green, supply assurance, and cost reduction, and has also ushered in a crucial year of transformation.
Chen Xiao stated that the upstream, midstream, and downstream of the petrochemical industry are mainly focused on exploration and development, storage and transportation, and refining and distribution, all of which have four major characteristics: large transaction scale, long industrial chain, high capital occupation, and high manpower investment. Horizontally, there are many data information silo, many purchase, sales and storage links, and low business collaboration efficiency; From a vertical perspective, there are many related enterprises in the industrial chain, making resource aggregation difficult.
Chen Xiao, Senior Business Consulting Expert of Endpoint Technology, delivered a keynote speech at the Petrochemical Industry Digital Intelligence Supply Chain Seminar
As market competition shifts from single enterprises to industrial chains, the digitization of enterprises will gradually shift towards the digitization of industrial chains. Chen Xiao said that the Digital transformation of the petrochemical industry is a deep integration of industry practice and digital technology. Endpoint technology aims to improve the efficiency of the industrial chain, reduce collaboration costs, and enhance customer experience. Through digital technology, it drives enterprises to achieve multiple transformations from offline operations to online collaboration, from internal control to internal and external interconnection, from buying and selling transactions to ecological cooperation, and from a single node to a full value chain.
2. Intelligent procurement and sales solutions, using digital technology to promote the transformation of the petrochemical industry towards industrial interconnection
At the petrochemical industry digital intelligence supply chain seminar, Chen Xiao brought endpoint technology intelligent procurement and sales solutions. Endpoint Technology focuses on two major parts: digital procurement and digital sales, focusing on multiple industries such as oil, natural gas, chemical, coal, steel, equipment, and power, helping enterprises form an integrated, collaborative, and industrialized procurement and sales service and management operation system.
In the field of digital procurement, by building four major capabilities: intelligent collaboration, business hosting, technology hosting, and security protection, we help enterprises manage procurement needs, optimize supplier collaboration, and improve supply chain stability. In the field of digital sales, with three value orientations of finding customers, serving customers, and understanding customers, we integrate internal and external resources of the enterprise, create five core services of transaction, marketing, data, finance, and logistics, help enterprises expand new customers, reduce sales costs, and standardize sales channels.
The integration of data and reality has evolved to this day, and digital technology has penetrated into all aspects of the energy industry. Behind this, the power of ecology is indispensable. Starting from the core business of procurement and sales, Endpoint Technology connects multiple industrial ecosystems such as trading, logistics, finance, data, technology, and partners to build an N+1+N industrial interconnection ecosystem service system. Through a platform, it connects upstream suppliers and downstream customers, integrates industrial chain resources, and drives the upgrading of industrial clusters.
In the Endpoint Technology booth area, Endpoint Technology showcased smart procurement and sales solutions, and fully communicated with attendees about the solutions and practical achievements of Endpoint Technology in leading enterprises in industries such as CNOOC, National Pipeline Network, Shandong Energy, ExxonMobil, and Montai Group.
As a powerful promoter of the Digital transformation of the energy industry, Endpoint Technology actively gives play to its own advantages, continuously integrates innovative technology products with the energy industry business, provides strong momentum for accelerating the high-quality development of the energy industry, and works with customers and partners to move forward to a new era of digital energy.