Overview

Oil and gas industry strategic procurement and supply management

About the Course

 For everyone in the oil and gas business who wants to lower operating costs while enhancing quality and productivity, developing and implementing properly thought-out plans for the procurement of all commodities, equipment, materials, and services has become a vital issue. This program examines the foundational ideas of strategic supply management and transforms the traditional tactical focus of today's supply management organizations into the strategic focus required to successfully apply the procedures and techniques required to achieve world-class performance.

 I have taken courses before, but this was the greatest. - Pakistani Procurement Officer

Target Audience

 Managers and experts in supply management, purchasing, contracts, materials, inventory control, projects, maintenance, operations, finance, and all other professionals interested in reducing total costs and boosting productivity and profit contributions from better supply management operations.

Course Objectives

•  the steps to achieving world-class supply management  several upgraded supply management skill sets Putting the spend profile together
• increased capacity for running initiatives for continual improvement Techniques for coping with economic uncertainty
• The best way to create a "Purchasing Coding System"
• Procedures for creating a Composite Purchase Price Index How to increase time available to work on strategic matters
• What should be in a strategic plan overview for purchased goods and services?

Course Outlines

•  the steps to achieving world-class supply management Change and strategic development
•  the ability to control supplies
• Examples of supply management job descriptions Create the expenditure profile.
• Making time to think strategically
• What to do with the ABC (Pareto) analysis Purchase of goods and services
• Development of code indices of producer prices
• requesting cost and price information from suppliers
• When, when, and how to employ "Economic Price Adjustment" provisions in the face of economic uncertainty concepts for total cost of ownership
• making strategic strategies for the goods and services you have purchased
• Creating a buy price index for your business