Application of innovative tools at BR-VT Petroleum Company

Through the application of innovative tools and management systems such as: ISO 9001, 5S, KPIs, etc. BR-VT Petrol company LIMITED greatly improves production, business and high growth in both yield, sales and profit in the period 2015-2020.

With the goal of continuously improving the quality of products and services, the company has soon applied the ISO 9001-2008 quality standards and is organized by the Bureau Veritas certification to implement and maintain this standard. Besides, BR-VT Petroleum Company also applies supporting tools such as Eoffice or HR management PHR 2.0 to standardize and standardize the operations of management.

In 2019, the company deployed 5S and KPIs for each departments and the entire company. In the units of execution, the management and arrangement of instrument appliances become more scientific. Increased work efficiency, improved working environment, employee consciousness is also more advanced. At K2 Petroleum stores and warehouses, every year, we are reporting environmental monitoring, measuring the factors affecting the labor process, regular cleaning of the workplace industry, ensuring a clean, neat and tidy environment. Besides, the company also regularly organizes professional fostering classes, to improve the business, skills to work for staff of employees, meeting the increasingly demanding demands of the company.

During the past term, the company’s production targets are always in growth. In particular, gasoline output increased by more than 11% compared to the beginning of term (from 212.853 m cubic years 2015 to 273,655 M block in 2019); Total revenue increased from 2,584 billion VND 2015 to 3,557 billion in 2019; The 2019 budget is VND 720 billion; Profit reaches more than 108 billion VND, equal 495% from the term beginning.

Mr. Ngoc San, Secretary of the party committee, director of the company said: the implementation of the solution to improve the quality of services and trade civilization has helped the company to proactively source goods, increase resources and competitiveness; The Prestige, position and brand of Petrolimex are increasingly confirmed in the market.

  With the achievements achieved in the past, the company constantly develops in terms of scale and scope of operation, modern technical facilities, advanced improvement, improve management level to ensure the best needs of customers. The company was honored to receive several emulation titles such as: Emulation flag of the Ministry of Industry and Trade; The outstanding Labor Group of Vietnam Petroleum Corporation, the comprehensive emulation flag of Vietnam’s general LĐ; 2 winners to the Lighthouse (2017 and 2019).

Productivity and Quality Office