Procurement Strategies for Success in the Oil and Gas Sector
On going

This procurement strategies for success in the oil and gas sector training course will cover the following topics;

Seeing Procurement as a Dynamic, interactive system in the Oil and Gas Sector 

• The System Approach vs the Traditional
• Functional Approach
• What is the Goal of Procurement?
• Developing the Strategic Procurement Plan
• An Overview of the Procurement Process
• Procurement as part of the Supply

Developing, Implementing the Strategic Procurement Decisions

• Make/Buy Decision
• Quality Assurance
• Supplier Selection
• Supplier Rating and Ranking
• Contract Management
• IT Systems and e-Procurement
• Policies and Procedures
• Staffing the Procurement Department

Dealing with Operational Procurement Decisions

• Selecting the most appropriate ordering process
• The Payment Process
• Reducing the Cost of Procurement of Small Value
• Purchase Orders

Understanding What Logistics and the Supply Chain are about in the Oil & Gas Sector 

• Definitions of Logistics and Supply Chain Management
• The Interrelations and Connections of Buying, Making, Moving and Selling Activities
• Understanding the Supply Chain Dynamics
• Supply Chain Operations Reference Models (SCOR)

Key Aspects and Rules of Supply Chain Management in the Oil & Gas Sector

• The Cost/Service Balance
• Customer Service Principles
• Inventory Principles
• Lead Times throughout the Supply Chain
• Adding Value

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