Strong rod chain supply chain

        The COVID-19 epidemic, which has been burning for more than three years, not only severely damaged the global economy, but also caused many industries to face the crisis of supply chain "disconnection". The "cover story" in this issue introduces how the enterprises under the group combine the needs and specialties of each company, work together, quickly respond, turn the crisis into a turning point, and create a new logistics comprehensive effect!

                Oriental Petrochemical (Taiwan), Far Eastern New Century Corporation and Fu Ming Transport worked together to resolve the supply crisis

                PTA produced by Oriental Petrochemical (Taiwan) is an important raw material for the group's polyester plants in Taiwan, Vietnam and Shanghai. However, at the end of 2021, the annual repair of L3 plant was delayed, resulting in a shortage of PTA supply of more than 100000 tons, which had a major impact on downstream production and sales. Oriental Petrochemical (Taiwan), together with the main raw material procurement team of Far Eastern New Century Corporation, Shipping Dept of Taiwan and Vietnam, and Fu Ming Transport, immediately formed a cross-company and cross-department response team to plan the emergency import of PTA in Taiwan and Vietnam.

        First of all, the new main raw material procurement team of Far Eastern Group must accurately grasp the changes in the factory inventory, contact overseas suppliers who are reliable in the industry and capable of cooperating with the export, and complete the trade processes such as price negotiation and contract signing. Some suppliers have not cooperated before, and must spend more efforts to communicate; Shipping Depts in the two places collect the existing shipping company resources, make unified scheduling, and plan the shipping schedule with suppliers. In addition to overcoming the difficulties of high freight and unstable shipping schedule before the winter and Spring Festival holidays, they also have to race against time, handle import customs clearance procedures in time, and arrange lifting and unloading and receiving operations.

        After the goods arrive at the port on schedule, the land transportation is also a big challenge, especially in the haze of the epidemic, the scheduling of driving manpower is tight. Fortunately, Fu Ming Transport fully supports the vehicles and manpower, and perfectly achieves the transportation task between Taipei Port and Oriental Petrochemical (Taiwan) Factory.

        Despite the time constraints, the quality of raw materials cannot be ignored. Oriental Petrochemical (Taiwan) is responsible for strict control and quality inspection through the laboratory. In addition, due to the need to import 9 bulk carriers (about 60000 tons) in Taiwan and 4 bulk carriers (about 30000 tons) in Vietnam for this mission, Oriental Petrochemical (Taiwan) must also arrange manpower, equipment and storage space for bulk carriers, and unpack tons of bags 24 hours a day to meet the demand of shipping schedule... The whole process is interconnected and depends on the efficient cooperation of the response team, Only in a short time can the goods be transported to the factory, the safe stock level be established, and the supply of materials be guaranteed. At the same time, the Group's future procurement response ability and logistics and supply chain management ability can be improved.

        Far Eastern New Century Corporation, U-Ming Marine Transport and Fu Ming Transport cooperate to build a new logistics chain

                In the post-epidemic era, the port congestion was serious and the container space was insufficient, which greatly increased the freight rate and affected the delivery time and cost. Not only the import of raw materials faces challenges, but also the bagged ester granules exported by Far Eastern New Century Corporation from Taiwan and Vietnam. When Deputy General Manager Xu Guoan of U-Ming Marine Transport inspected the new American APG plant of Far Eastern Group, he learned this situation, took into account the cost and space and other factors, and specially instructed the U-Ming Marine Transport team to assist in transporting the goods to the United States by its own bulk carrier.

        However, the new transportation mode is greatly different from the previous operation mode. First, bulk carriers need to load a large amount of goods at one time to effectively reduce unit freight and improve transportation efficiency. Therefore, the production end of the new factory of Far Eastern Group must produce more goods within the scheduled time; Secondly, unlike bulk raw materials, bagged products also need to be more careful in the stacking and fastening of goods to ensure the safety of ship navigation at sea. For the relevant companies involved in the project, it is undoubtedly a new learning and attempt, relying on mutual communication and accommodation.

                The teams of all parties worked hard to prepare, and the transportation of bagged ester granules was officially started in just two months. U-Ming Marine Transport, Asian Champion, is responsible for maritime transportation, while Fu Ming Transport is responsible for warehousing and road logistics. The first loading port is Long'an Port in Vietnam and Taichung City Port in Taiwan, and the unloading port is Stockton on the west bank of the United States.

        The new logistics chain can solve the problem that Far Eastern New Century Corporation is not easy to obtain container shipping space at one stroke, and the bulk cargo ships of U-Ming Marine Transport are special ships and cargoes, which are more accurate in terms of shipping schedule and arrival time, and can flexibly adjust the loading and unloading ports and shipping time according to the storage conditions in Taiwan and the United States, so as to meet the market demand in a timely manner, not only improving the efficiency of the logistics chain, but also stabilizing the supply, At the same time, the transportation cost is saved. U-Ming Marine Transport can also use this transportation service to connect the next grain cargo exported from the United States, save the cost of a single empty ship voyage, and on the other hand, it can also use this service to familiarize with the transportation, shipment, operating procedures and risks of bagged goods, which will help promote new business in the future. It can be said that it can be counted as one stone and benefit each other.

        COVID-19 forces the global industry to re-examine the layout of the supply chain. The enterprises of Far Eastern Group also support each other in the crisis, and gradually establish the flexibility and resilience of the supply chain. In the face of more unknown business risks in the future, the integration and sharing of the Group's resources is still the best weapon. Let's continue to create more advantages and opportunities with flexible steps.

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