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Apr.19.2024 1USD=7.102RMB
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Zhu Dingfa: Procurement Management of Construction Enterprises

https://en.steelhome.com [SteelHome] 2019-05-05 16:35:48

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15th Steel Development Strategy Conference, host by SteelHome, was successfully held in International Convention Center during April 12-14, 2019. Around 1000 delegates from governments, associations, steel mills, miners, traders, research institutes attended the one of biggest events in China steel industry.

8th International Raw Materials Supply Chain Summit, 9th Coal & Coke Development Strategy Conference, 7th China Commodities E-Commerce Summit and 2019 SteelHome Spring Report were simultaneously held.

On the afternoon of April 14, Zhu Dingfa, Minister of China Railway Group Ltd gave a speech on “Procurement Management of Construction Enterprises”.

 

Zhu Dingfa, Minister of China Railway Group Ltd

Construction enterprises especially the giant construction enterprises usually control risks through hedge instruments.

Build fundamental management constitutions and special panel, strengthen information collection, analysis and research, assist necessary information system and model instrument which is the base of implementing hedging smoothly.

Large enterprises can use information instrument to build management models and to classify quantification recognition, assess risks, choose rightfully concrete hedging strategy according to the scale of demand, distribution situation and market condition and so on.


(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932)
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