By the end of this course delegates will be able to:

• Reassessment of current E&P procurement strategies
• Streamlining processes
• Adopt contemporary practices
• Building robust internal supply planning capabilities
• Collaborative relationship with vendors
• Tools and techniques to effectively renegotiate contracts

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

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

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

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

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

Procurement Professionals, Supply Chain Professionals, Tender/Bidding Managers, Project Managers, Contract Administrators, General Supervisors, Supervisors, Foremen, Contracting Unit Supervisors, Project Engineers, Project Managers, Senior Buyers, Warehouse and Distribution Professionals, Procurement, Buyers and Purchasing Professionals, Contracts, Purchasing, and Project Personnel, Engineering, Operational, and Maintenance Personnel, Logistics Professionals, Stock, Warehouse and Logistics/Distribution Professionals, Production and Manufacturing Professionals, Logistics, Warehouse and Distribution Professionals, Commodity Procurement Specialists, Supply Chain Generalists, Contract Administration, anyone who need an understanding of how to establish a warehouse that contributes directly to the efficacy of the value chain and the firm’s overall profitability, anyone who needs an understanding of the relationships between risk, cost and service in supply chains, Managers and Leaders involved in major global sourcing activities, Finance professionals involved with major capital.