Procurement in Oil & Gas

Supply chain professionals with 2-7 years experience either inside or outside the oil and gas industry. The course is for anyone who needs a better understanding of procurement value creation in the oil & gas industry and includes buyers, procurement specialists, logistics specialists, business analysts, team leaders, project managers, commodity managers, materials managers, and new sourcing specialists or category managers. 

•    Industry overview for procurement including host country and strategic relationships
•    Key business drivers and interface issues between projects (CAPEX) and operations (OPEX).
•    Procurement’s role in Oil and gas value chain management – upstream, midstream and downstream
•    The E&P asset management cycle and total cost of ownership (TCO)
•    Economics of oil and gas that drive procurement value creation
•    Industry regulatory and contractor safety compliance issues that impact procurement
•    Industry market intelligence practices in procurement
•    Industry spend analysis characteristics and needed strategies
•    Creating industry category management (sector) strategies
•    Key procurement and supplier performance metrics
•    Trends in global sourcing and local content requirements
•    Oil and gas law and global contracting risks
•    The influence of eCommerce and eProcurement initiatives in oil and gas