Global Procurement & Supply Chain Management for the Oil & Gas Industry

Introduction

Procurement and supply chain management are being relied upon more and more to make a difference to organisations where they are operating in very uncertain times.  Procurement particularly is under constant pressure to make dynamic and meaningful contributions to the bottom line operating costs and, at the same time, reducing capital expenditure. Maintaining best practice in procurement and supply chain management is a core requirement for those operating in the global Oil and Gas industry. Supplier / operator relationships are now so very crucial due to the volatility in oil prices is causing real monetary concern across the industry. It is now vital that the procurement and supply chain functions collaborate their efforts and expertise to cope with the complexity of the present operating environment.

This Global Procurement and Supply Chain Management for the Oil & Gas Industry training course will assist delegates to reassess their organization’s Procurement and Supply Chain strategies beyond short term cost cutting.  It will focus on real time issues to counteract changes in the market and to think differently about global procurement. This GLOMACS training course had been designed to provide delegates with practical approaches for transforming their organization’s procurement team to become more competitive and resilient.

Objectives

It is essential for Procurement and Supply Chain professionals to adapt supply chain practices to fit the current market and they must understand the need for:

• Reassessment of current E&P procurement strategies
• Streamlining processes
• Adopt contemporary practices
• Building robust internal supply planning capabilities
• Collaborative relationship with vendors
• Tools and techniques to effectively renegotiate contracts

Training Methodology

This Global Procurement and Supply Chain Management for the Oil & Gas Industry training course will be delivered by a recognised world-class procurement and supply chain professional and will include a range of lively and interactive training methods, including exercises, role plays, case studies, practice sessions and group discussions. The learning experience will be grounded on instructor-led presentations that highlight key issues to focus on and supported by a reference manual containing examples of best practice.

Participants will make presentations and receive personal feedback on their performance. Discussions will enable participants to share their own experiences with the rest of the group using the most up to date world-class materials, the instructor will take delegates through a journey of learning new skills and give them the confidence to use these skills on their return to their duties.

Organisational Impact

The organisation will benefit by:

• Enhanced E&P procurement professionals' core competencies
• Procurement challenges facing the Oil and Gas Industry
• Collaborative global sourcing
• Understand how to anticipate and mitigate procurement contract risks
• Key legal contractual risk management issues

Personal Impact

From this Global Procurement and Supply Chain Management for the Oil & Gas Industry training course, delegates will learn:

• Benchmarking strategic procurement and category management
• Supplier / operator relationships
• New frontiers / new procurement strategies
• Capacity Overload vs. Demand
• Sustainability in the procurement and supply chain