Trading is an active style of participating in the financial markets that seek to outperform traditional buy-and-hold investing. Rather than seeking profits from the long-term uptrend in the markets, traders look for short-term price moves to profit in both rising and falling markets.
THAWORLD's core-business activities is buying and selling of heavy and low industrial tools and equipment to any part of the country through a well planned and well-controlled distribution network. This service is offered primarily to the OIL AND GAS SECTOR but not limited to it as we are also into AGRO based merchandise.
This trading in the financial market is here given a more congenial appellate as procurement.
PROCUREMENT is the act of finding, obtaining, acquiring or buying goods
and services from an external source, often via a tendering or competitive bidding process. The process includes the preparation and processing of demand as well as the end receipt and approval of payment. It often involves
1) Purchase Planning,
2) Standards Determination,
3) Specifications Development,
4) Supplier Research and Selection,
5) Value Analysis,
6) Financing,
7) Price Negotiation,
8) Making the Purchase,
9) Supply Contract Administration,
10) Inventory Control And Stores, And
11) Disposals and Other Related Functions.
The process of procurement is often part of a company's strategy because the ability to purchase certain materials will determine if operations will continue.
PROCUREMENT Modus Operandi: Though it simply runs from obtaining a request to quote or bid, winning, purchasing and delivering to the clients' destination, there are other variable activities underlining proper process of procurement. For ease of comprehension, this process is clearly stated on the procurement-chart next
We deliver to your doorsteps tools, spares and equipment as you need it and at
the right time. In this area, we have delivered to our clients the followings. This is supported by strong agencies that we have with foreign manufacturing and buying houses.
Instrumentation: Electrical:
- § Pressure Gauges/Flow Switches
- § Meters/Regulator Circuit Breakers
- § Control Valves Heavy duty Transformers
- § Transmitter/Actuators Industrial Fuses
- § Cathodic Transformer Rectifiers
Pipe fitting: Valve: Rotating Equipment
- § Flanges Ball Compressors
- § Stud bolt Globe Rotorks
- § Reducers Gate Pumps
- § Insulating joints Check Mechanical Seals
- § Elbow Butterfly
Marine Spares: Hawsers Mooring Ropes, Anchors, Wire Ropes, Slings, Shackle, etc