Procurement in the Oil and Gas industry has always faced particular challenges. With the background of volatile oil and gas prices, marginal oilfields, extreme locations and new global business trends, the oil and gas industry is forced to seek better solutions to overcome these challenges. Procurement Leaders need to think about the sourcing strategies they employ to maximise the value they bring to their organizations.
Strategic Sourcing is a disciplined, multi-stage process that examines, addresses and optimizes the Total Cost of Ownership, and that typically involves cross-functional teams. This is why Strategic Sourcing is so critical and can have such a strong effect on the bottom line. Strategic Sourcing can go well beyond cutting costs. Best-in-class companies recognize strategic sourcing as a value creator and consider it to be integral to their overall strategies for growth.
This highly-interactive PetroKnowledge training course has been specifically designed to focus procurement professionals on the many benefits of utilizing and working to a comprehensive strategic sourcing policy that encompasses real value for money; and highlights why the strategic sourcing approach allows procurement professionals to consolidate purchasing power in order to secure the best value available in the marketplace, in addition to:
By the end of this training course, participants will be able to:
This training course is designed for anyone involved in the sourcing process, particularly those who want to be able to define and quantify value to the business, and support it through analysis and understanding.
This PetroKnowledge course is suitable to a wide range of professionals but will greatly benefit:
Using a unique blend of cutting-edge research and proven techniques, this training course will be delivered a recognised world-class procurement professional. Participants will increase competencies through a variety of instructional methods including lecture, exercises, reviewing published articles, checklists, videos, and group discussions. A comprehensive course manual enabling practical application and reinforcement is provided. Using the most up to date world-class materials, the instructor will take the participants through a journey of learning new skills and give them the confidence to use these skills on their return to their duties.
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
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