Integrated Trade Systems Inc. is transitioning to Pemex Procurement International. Expect more information soon.
Integrated Trade Systems, Inc. is a wholly owned company of Petróleos Mexicanos that was created to provide procurement services for Petróleos Mexicanos and its subsidiaries (The PEMEX Group: PEMEX-Exploración y Producción, PEMEX-Refinación, PEMEX-Gas y Petroquímica Básica, and PEMEX-Petroquímica).
We provide the following international procurement services:
Development, Establishment, Operation and Administration of Framework Agreements;
Order Expediting and Inspection;
Invoicing and Payment Processing;
Other services related to PEMEX’s supply chain
Our proven experience and established success in international procurement, as well as our contribution to PEMEX’s supply chain, has positioned us as a trusted partner to the Mexican oil industry.
Integrated Trade Systems Inc. (ITS) was incorporated on February 18, 1994 in the state of Delaware and has been licensed to do business in Texas since June of that year. The company started operations on November 1, 1994. Petróleos Mexicanos owns 100% of ITS’ common stock.
In 1998 we released a custom-made procurement system developed exclusively for PEMEX that integrated the components of the procurement process from requisition creation to order placement, and from order expediting and logistics to invoice payment.
Since our creation, we have developed over 200 Long-Term Partnership Agreements and we have had contractual relationships with more than 1,700 suppliers in the oil equipment manufacturing and services, and other related industries.
Mission, Vision, and Strategic Principles
We are committed to the satisfaction of our customers by continually improving our services through innovation, quality, efficiency, and competitiveness.
To contribute to generate value to the PEMEX Group by providing comprehensive management solutions for the supply chain of imported goods and services with innovation, quality, efficiency, and competitiveness.
To be the best option for the supply of imported goods and services for the PEMEX Group.
Increase the operations that ITS performs for the PEMEX Group
Increase the economic value generated
Relationship with Partners
Strengthen the collaboration and communication with clients and suppliers
Efficiency and Quality
Improve performance and quality in the execution of the services
Business Management Innovation
Encourage the modernization of technology and management of knowledge
Incorporate best practices for business management and corporate responsibility