Global Procurement and Supply Chain Management for the Oil and Gas industry

Start Date End Date Venue Fees (US $)
28 Dec 2025 Istanbul, Turkey $ 4,500 Register

Global Procurement and Supply Chain Management for the Oil and Gas industry

Introduction

Procurement and supply chain management are being relied upon more and more to make a difference to organizations 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 practices 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 innovative and stimulating 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 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
    • A collaborative relationship with vendors
    • Tools and techniques to effectively renegotiate contracts

Training Methodology

This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practices. Participants will have the opportunity to share with the facilitator and other participants on what works well and not so well for them, as well as work on issues from their own organizations. The online course is conducted online using MS-Teams/ClickMeeting.

Who Should Attend?

This Training program is suitable for:

  • Procurement Professionals
  • Supply Chain Professionals
  • Tender or Bidding Managers
  • Contract Administrators
  • Contracting Unit Supervisors
  • Project Engineers and Project Managers

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: 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

Day 5: 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

Accreditation

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