Procurement in the Oil and Gas industry has always faced particular challenges. With the background of volatile oil and gas prices, marginal oilfields, extreme locations and new global business trends, the oil and gas industry is forced to seek better solutions to overcome these challenges. Procurement Leaders need to think about the sourcing strategies they employ to maximise the value they bring to their organizations.
Strategic Sourcing is a disciplined, multi-stage process that examines, addresses and optimizes the Total Cost of Ownership, and that typically involves cross-functional teams. This is why Strategic Sourcing is so critical and can have such a strong effect on the bottom line. Strategic Sourcing can go well beyond cutting costs. Best-in-class companies recognize strategic sourcing as a value creator and consider it to be integral to their overall strategies for growth.
By the end of this training course, participants will be able to:
- Gain stakeholder involvement and buy-in
- Comprehensively understand both internal needs and the external supply market
- Understand the Total Cost of Ownership (TCO)
- Build effective RFIs and RFPs
- Develop the right sourcing strategy to achieve tangible results
|Dubai, United Arab Emirates
||Dec 10 - 14 Dec, 2017
Special offer available for group registrations