PETRONAS LUBRICANTS INTERNATIONAL
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Through the changing of that buyerseller relationship , PLI has been able to restructure the way that contracts are formulated with some suppliers , thus highlighting PLI ’ s commitment to its growth ambition , which in turn encourages a change mindset in its suppliers . Another example is the close collaboration with a PETRONAS refinery in Melaka , which resulted in the “ decommoditising ” of its highquality base oil production Etro , into a higher specification Etro Plus . This has encouraged a mindset of continually redefining the capability of Petronas ’ s base oil production to support the evolution of the high quality lubricants space demanded by the OEMs .
Another area in which the supply chain transformation has shown proven success is in the collaborative relationship with technology . Technology continues to redefine industry sectors all over the world and James share , 2018 is the Year of Technology for PLI .
“ We want to be seen even more as a technology driven company because that ’ s the differentiator ,” he says . “ Technology forces us to take some risks and work with some smaller companies where technology might not yet be proven . It ' s an important risk for us
JULY 2018