Procurement and Supply Chain Management for the Oil and Gas Industry
Course Length: 5 Days
Course Dates:
TBC
Course Description:
The proper procurement of goods and
services is essential for successfully delivering oil and gas projects. The
procurement of goods and services also constitutes a significant portion of
project spend. Delivering projects on schedule, at competitive rates, and with
the best available input (people, goods, materials
and technology) requires
planning, minimizing and reducing waste and
inefficiency along the supply chain, mitigating supply chain risks, and
adopting appropriate contracting processes.
The Supply Chain Management and Procurement practices must operate at the upper quartile of the supply chain grid to deliver the
best procurement outcome and ensure that projects avoid delays and cost
overrun. It is also important to know the tools to deploy to get the most
competitive deal from the market place, to cut off wastages and inefficiency
along the supply chain, and to effectively negotiate with and manage suppliers
to get the best from them. All of the above are important if the
project is to be delivered on time, with the best materials, at the least
possible cost and with regard to safety of operations. Therefore understanding
best practices in oil and gas upstream procurement and supply chain management
is essential to the successful delivery of projects, especially if oil prices
are low – if you cannot control the price of oil, at least you can control your
third party procurement and supply chain spend to ensure that ongoing projects
are not ruined by severe cost overrun.
This course will expose participants to a comprehensive treatment of
issues associated with upstream Midstream and Downstream procurement and supply
chain management, showing how these issues can be managed for successful
project delivery from demand identification to fulfillment; from supplier
relationship management to project close out.
Who Should attend:
This exciting and innovative course is suitable for those in the
organisation, and not just in the supply chain, who have a responsibility to
make improvements and save costs across the functions
·
Supply chain professionals
·
Procurement Professionals
·
Supply Chain Professionals
·
Tender or Bidding
Managers
·
Contract Administrators
·
Contracting Unit Supervisors
·
Project Engineers and Project Managers
·
Sourcing, procurement, and supplier management professionals
·
Production and manufacturing professionals
·
All of those who need an understanding of supply
chain concepts that can deliver lasting
value for their business
·
All of those who need an understanding of the
relationships between risk, cost and
service in supply chains.
What You Will Learn:
·
Apply a thorough understanding of supply chain activities
·
Managing and optimizing your inventory to deliver
financial results
·
Identity, analyze and evaluate supply chain risk
·
Use risk management tools and techniques
·
Make supply chain organizational improvements
·
By the end of this training course, participants
will be able to:
·
Analyze the effectiveness of your firm’s supply
chain practices
·
Create an inventory strategy that speeds cash flow
·
Evaluate and work with suppliers to deliver tangible
business results
·
Use analytical tools to identify supply chain risk
·
Make cost and service improvements.
Course Outline
DAY
1: Defining Strategic Procurement in the Oil and Gas Industry
·
What is World Class Procurement and Supply Management?
·
Oil and Gas Value Chain Management
·
Category Management Strategies
·
E & P Total Cost of Ownership and Asset Management
·
Global Procurement Contract Risks
DAY 2: Integrated Supply Chain
Strategy
·
The Importance of a Dynamic and Collaborative Supply Chain
·
Supply Chain Modes in the Oil and Gas Industry
·
Demand vs. Supply
management
·
Understanding Transport, Logistics and Warehousing
·
Supply Chain Integration
DAY 3: Supplier Collaboration
and Relationship Management
·
The Importance of Strategic Supplier Relationships
·
Supplier Collaboration Best Practices
·
Creating and Maintaining Dynamic and Meaningful SLAs
·
Supplier Relationships – The Total Management Process
·
How to get Best and Sustained Value from Suppliers
and Contractors
DAY 4: The “LEAN” Approach to
Supply Chain Management
·
Supplier Strategy and Rationalization
·
Lean Tools and Techniques
·
Understanding the Lean Approach in the various
Supply Chain Links
·
Designing Lean Metrics for Optimal Performance
·
Measuring and Improving the Supply Chain Performance
DAY 5: Strategic Contract
Negotiations
·
Understanding Key Components of a Commercial Contract
·
Preparing for a Win-Win Negotiation
·
Dealing with Difficult Suppliers
·
The Importance of Collaborative, Competitive and
Dynamic Negotiations Know When and
How to Renegotiate a Contract