Study On Bidding Strategy Of Yanshan Petrochemical During Engineering Projects Construction Purchasing Procedure

Bidding is an important method to control cost and choose better suppliers during engineering project construction, which is playing an important role during the process. Recently, with the cost increasing in Petrochemical field, whole industry is facing the transition of high cost performance buyer's market. The rational return of market value makes most petrochemical enterprises change their development strategy, i.e. from performance differentiation to improve product quality and effective cost reduction, which needs strict requirement in engineering project bidding procedure.Yanshan Petrochemical has taken bidding during engineering projects construction purchasing procedure for long time and got lots of valued experience and methods, which saved lots of cost and has good results. Due to the limit of bidding procedure and personal issue, to better implement bidding exercise and ensure the completion of project, it needs to take further action to optimize the purchasing strategy.In the article, the author, from an angle of a buyer, is trying to find the solution of decision-making how to maximize the profit. Through the actual analysis of Yanshan Petrochemical project bidding procedure, based on the qualitative analysis and quantitative analysis, set up a model and use it to analyze the actual case, finally form the constructive idea and proposal for the bidding exercise of Yanshan Petrochemical project purchasing procedure.