PEMEX PROCUREMENT INTERNATIONAL , INC ( PPI )
COMPANY FACTS
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• The company began operating on November 1st , 1994
• In September 2018 , PPI signed its first agreement with a company other than PEMEX
• PPI was awarded the NBRI Circle of Excellence Award in its 75th edition
• PPI expects to close PEMEX ’ s year ’ s operations at $ 3 billion in 2018 cash flow increased by 20.5 % during that same year . Both results represent important progress from the financial point of view .”
Escobedo identifies the use of technology and digitalization as one of the pillars that helped PPI to achieve its objectives successfully . In this sense , PPI has strengthened its main technological platform , HITEC ( Highly Integrated Trade Engine Concept ), an ERP ( Enterprise Resource Planning ) that allows having complete visibility of the entire supply chain , which goes from planning to the payment of assets and hired services . This technological platform allows PPI to efficiently manage the legal instruments derived from the Contractual Partnerships established with international suppliers from the gas and oil sector .
The Mexican energy industry experienced difficult times given the fluctuations in the market as a result of the energy reform that took place in Mexico in 2013 and to the current global hydrocarbons crisis . Before the energy reform , PEMEX was the only com-
AUGUST 2019