Engineering Procurement and Construction (EPC)

The Engineering Procurement and Construction (EPC) industry delivers large-scale infrastructure projects, from planning and design to procurement and construction. Today, it faces difficulties such as fluctuating material costs, tight project deadlines, risk management complexities, and strict regulatory requirements. Additionally, EPC companies must handle coordination challenges across multiple stakeholders while ensuring project quality and safety in increasingly competitive markets.

Benchmark Six Sigma provides EPC companies with problem-solving tools to improve project efficiency and mitigate risks. Techniques like project management and risk analysis help EPC organizations streamline workflows, reduce waste, and enhance decision-making. These tools enable better project control by identifying bottlenecks early and improving collaboration across teams. By driving continuous improvement, Benchmark Six Sigma helps EPC companies deliver projects on time, within budget, and to higher quality standards, ensuring they remain competitive and resilient in a dynamic industry.

Caselets

SCM/ Purchase > Supplier Relationship Management

Strengthening Procurement Quality Controls

A project was carried out at an EPC company that faced procurement inefficiencies and safety risks due to purchasing sub-standard materials from low-cost suppliers. These materials often failed to meet quality standards, causing construction delays and safety hazards. To resolve this, the project team implemented a centralized procurement system with stricter vendor qualification processes and enhanced quality control checks. They established an approved supplier list and conducted regular audits. As a result, procurement efficiency improved by 25%, and instances of sub-standard materials decreased by 95%. The company saved approximately INR 30 lacs annually in potential rework and penalties. This led to better-aligned processes, safer construction practices, and improved overall project outcomes.

Engineering Procurement and Construction (EPC)