Recently, WisageTech Inc. successfully signed a contract with SEPCOIII Electric POWER Construction Co., Ltd. to help SepcoIII effectively manage information and data resources, improve bidding efficiency, and improve procurement and supply chain management levels through the SRM bidding management platform.
Recently, WisageTech Inc. successfully signed a contract with SEPCOIII Electric POWER Construction Co., Ltd. (hereinafter referred to as "SepcoIII") to help SepcoIII effectively manage information and data resources, improve bidding efficiency, improve procurement and supply chain management levels, and establish a more efficient and intelligent supply chain procurement system through the SRM bidding management platform.
SepcoIII is a wholly-owned A-level subsidiary of China Electric Power Construction Group, with over 8000 employees. It is a comprehensive construction group that mainly contracts thermal power, nuclear power, solar thermal power generation, wind power, photovoltaic, biomass power generation, substations, seawater desalination and other engineering construction projects through EPCO, EPC, BOT, B0O, PMC and other methods. It is widely involved in multiple fields such as power and financial investment, design consulting, equipment manufacturing and leasing, international logistics and trade, commissioning and operation, real estate, leisure tourism, etc, Can provide customers with a comprehensive solution package from feasibility study of power station projects to investment and financing, exploration, planning, design, procurement, construction, commissioning, and operation and maintenance.
The company is committed to creating engineering projects with the best quality, the shortest construction period and the best economic and technical indicators for customers. It has won 10 Luban Awards and 7 National Excellence Gold Awards. It has developed for many years in 27 countries and regions, including Nigeria, India, Pakistan, Bangladesh, Saudi Arabia, Oman, Jordan, Egypt, Iraq, Morocco, Türkiye and Southeast Asia.
Since its establishment in 1985, SepcoIII has undertaken various types of power plants ranging from 12MW to 1000MW units, with a total capacity of over 87000MW of units in operation and under construction. With the continuous expansion of engineering construction scale and deepening of complexity, the amount of information that needs to be processed in bidding management continues to increase. In order to match the trend of the three high-speed development of Shandong Electric Power Construction, coupled with modern information technology, it is imperative to comprehensively upgrade the bidding management.
WisageTech has been focusing on the development of enterprise management software for 17 years, independently researching and developing over 10 million lines of Java source code, 120 apps, and 80 different systems, covering multiple enterprise project management fields. The products are highly flexible, scalable, and customizable, supporting local or cloud deployment, and providing services to over 500 enterprises, including cooperation with well-known large energy enterprises such as State Grid, New Austria Group, and Nanyuan Power.
After communication and understanding with SepcoIII, WisageTech has provided the SRM solution to meet SepcoIIIs online control needs for bidding business, assist in improving the efficiency of bidding and procurement business, and ensure the fairness, impartiality, and openness of the procurement process.
SRM has rich functions, including supplier management, inquiry and comparison, bidding, bidding, purchase order/contract, receipt, quality inspection, and inventory management. Through full process digitization, traceability, and supervision, it provides Shandong Electric Power Construction Three with a known, visible, and controllable innovative procurement management mode, achieving informationization of internal procurement process control and digitization of procurement data, At the same time, it also pays more attention to assisting enterprises in finding suitable suppliers for each procurement in a fair, efficient, and standardized manner, preventing procurement corruption, and improving procurement management level. Moreover, the advantages of the system in supporting multi-language, multi-currency and cross-border business management will be very conducive to the scalable development of the internationalisation of SepcoIII.
This cooperation will enhance the procurement experience of enterprises and strengthen their control over the supply chain, improve the overall operational efficiency of the supply chain, and achieve cost reduction and efficiency increase through the construction of SepcoIII digital bidding management platform and a series of related supporting services. In the future, WisageTech will continue to accumulate industry practical experience and assist in the digital upgrading of procurement in the energy construction industry.
SepcoIII is a wholly-owned A-level subsidiary of China Electric Power Construction Group, with over 8000 employees. It is a comprehensive construction group that mainly contracts thermal power, nuclear power, solar thermal power generation, wind power, photovoltaic, biomass power generation, substations, seawater desalination and other engineering construction projects through EPCO, EPC, BOT, B0O, PMC and other methods. It is widely involved in multiple fields such as power and financial investment, design consulting, equipment manufacturing and leasing, international logistics and trade, commissioning and operation, real estate, leisure tourism, etc, Can provide customers with a comprehensive solution package from feasibility study of power station projects to investment and financing, exploration, planning, design, procurement, construction, commissioning, and operation and maintenance.
The company is committed to creating engineering projects with the best quality, the shortest construction period and the best economic and technical indicators for customers. It has won 10 Luban Awards and 7 National Excellence Gold Awards. It has developed for many years in 27 countries and regions, including Nigeria, India, Pakistan, Bangladesh, Saudi Arabia, Oman, Jordan, Egypt, Iraq, Morocco, Türkiye and Southeast Asia.
Since its establishment in 1985, SepcoIII has undertaken various types of power plants ranging from 12MW to 1000MW units, with a total capacity of over 87000MW of units in operation and under construction. With the continuous expansion of engineering construction scale and deepening of complexity, the amount of information that needs to be processed in bidding management continues to increase. In order to match the trend of the three high-speed development of Shandong Electric Power Construction, coupled with modern information technology, it is imperative to comprehensively upgrade the bidding management.
WisageTech has been focusing on the development of enterprise management software for 17 years, independently researching and developing over 10 million lines of Java source code, 120 apps, and 80 different systems, covering multiple enterprise project management fields. The products are highly flexible, scalable, and customizable, supporting local or cloud deployment, and providing services to over 500 enterprises, including cooperation with well-known large energy enterprises such as State Grid, New Austria Group, and Nanyuan Power.
After communication and understanding with SepcoIII, WisageTech has provided the SRM solution to meet SepcoIIIs online control needs for bidding business, assist in improving the efficiency of bidding and procurement business, and ensure the fairness, impartiality, and openness of the procurement process.
SRM has rich functions, including supplier management, inquiry and comparison, bidding, bidding, purchase order/contract, receipt, quality inspection, and inventory management. Through full process digitization, traceability, and supervision, it provides Shandong Electric Power Construction Three with a known, visible, and controllable innovative procurement management mode, achieving informationization of internal procurement process control and digitization of procurement data, At the same time, it also pays more attention to assisting enterprises in finding suitable suppliers for each procurement in a fair, efficient, and standardized manner, preventing procurement corruption, and improving procurement management level. Moreover, the advantages of the system in supporting multi-language, multi-currency and cross-border business management will be very conducive to the scalable development of the internationalisation of SepcoIII.
This cooperation will enhance the procurement experience of enterprises and strengthen their control over the supply chain, improve the overall operational efficiency of the supply chain, and achieve cost reduction and efficiency increase through the construction of SepcoIII digital bidding management platform and a series of related supporting services. In the future, WisageTech will continue to accumulate industry practical experience and assist in the digital upgrading of procurement in the energy construction industry.
