Petroknowledge

An Interactive 5 - Day Online Training Course

Global Procurement and
Supply Chain Management
for the Oil & Gas Industry

Improving Profitability by Controlling Costs

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Code Date Time Fee($)
OL024 07 - 11 Feb 2021 11:00 to 16:00 Dubai [GMT +4] 2,950
OL024 11 - 15 Jul 2021 11:00 to 16:00 Dubai [GMT +4] 2,950
OL024 07 - 11 Nov 2021 11:00 to 16:00 Dubai [GMT +4] 2,950

*All fees are exclusive of VAT


Why Choose this Training Course?

Procurement and supply chain management are being relied upon more and more to make a difference to organisations 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 practice 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 PetroKnowledge Global Procurement and Supply Chain Management for the Oil & Gas Industry online training seminar 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 PetroKnowledge online training seminar had been designed to provide delegates with practical approaches for transforming their organization’s procurement team to become more competitive and resilient.


Training Objectives

What are the Goals?

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
  • Collaborative relationship with vendors
  • Tools and techniques to effectively renegotiate contracts

Target Audience

Who is this Training Course for?

This PetroKnowledge Online Training programme is suitable for:

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

Training Methods

How will this Training Course be Presented?

This PetroKnowledge Online Training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.

Organisational Impact

The organisation will benefit by:

  • Enhanced E&P procurement professionals' core competencies
  • Procurement challenges facing the Oil and Gas Industry
  • Collaborative global sourcing
  • Understand how to anticipate and mitigate procurement contract risks
  • Key legal contractual risk management issues

Personal Impact

Delegates will learn:

  • Benchmarking strategic procurement and category management
  • Supplier / operator relationships
  • New frontiers / new procurement strategies
  • Capacity Overload vs. Demand
  • Sustainability in the procurement and supply chain

Daily Agenda

Day One: 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 Two: 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 Three: 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 Four: 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 Five: 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

PMI Registered Education Provider

The Registered Education Provider (R.E.P. ID:4349) status with the Project Management Institute (PMI®) enables PetroKnowledge to issue applicable Professional Development Hours/Units (PDHs/PDUs) to participants on our Project Management oriented training courses, to help them achieve or maintain PMI® professional credentials.

The PMI® Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.

Certificates

  • On successful completion of this online training course, PetroKnowledge E-Certificate will be awarded to the delegates
  • On successful completion of this PetroKnowledge online training course, E-Certificate with eligible Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates

Related Courses

Reference

Project Management Institute, A Guide to the Project Management Body of Knowledge (PMBOK® Guide), PMBOK® Guide – Sixth Edition (2017).


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Home » Courses » Online Oil & Gas Training Courses » Global Procurement and Supply Chain Management for the Oil & Gas Industry
PetroKnowledge Training


Global Procurement and
Supply Chain Management
for the Oil & Gas Industry

Improving Profitability by Controlling Costs


Code Date Venue Fees
OL024 07 - 11 Feb 2021 N/A $2,950
OL024 11 - 15 Jul 2021 N/A $2,950
OL024 07 - 11 Nov 2021 N/A $2,950



Why Choose this Training Course?

Procurement and supply chain management are being relied upon more and more to make a difference to organisations 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 practice 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 PetroKnowledge Global Procurement and Supply Chain Management for the Oil & Gas Industry online training seminar 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 PetroKnowledge online training seminar had been designed to provide delegates with practical approaches for transforming their organization’s procurement team to become more competitive and resilient.


Training Objectives

What are the Goals?

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:

Target Audience

Who is this Training Course for?

This PetroKnowledge Online Training programme is suitable for:

Training Methods

How will this Training Course be Presented?

This PetroKnowledge Online Training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.

Organisational Impact

The organisation will benefit by:

Personal Impact

Delegates will learn:

Daily Agenda

Day One: Defining Strategic Procurement in the Oil and Gas Industry    

Day Two: Integrated Supply Chain Strategy

Day Three: Supplier Collaboration and Relationship Management

Day Four: Strategic Contract Negotiations

Day Five: The “LEAN” Approach to Supply Chain Management

Accreditation

PMI Registered Education Provider

The Registered Education Provider (R.E.P. ID:4349) status with the Project Management Institute (PMI®) enables PetroKnowledge to issue applicable Professional Development Hours/Units (PDHs/PDUs) to participants on our Project Management oriented training courses, to help them achieve or maintain PMI® professional credentials.

The PMI® Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.

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© 2020. Material published by Petroknowledge shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


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