Supply Chain Operations in the Oil and Gas Industry

INTRODUCTION

The Supply Chain is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage.  Supply chain activities cover everything from product development, sourcing, production, and logistics, as well as the information systems needed to coordinate these activities. Organisations involved in running supply chains have to develop and run supply chains in the most effective and efficient ways possible. The organizations that make up the supply chain are “linked” together through physical flows and information flows. There are the physical flows that involve the transformation, movement, and storage of goods and materials. They are the most visible piece of the supply chain; however, just as important are information flows. These allow the various supply chain partners to coordinate their long-term plans, and to control the day-to-day flow of goods and materials up and down the supply chain. This training course on Supply Chain Operations in the Oil & Gas Industry will explore key concepts and solutions that can be employed to optimize the balance between supply chain responsiveness and the costs required to deliver desired business results.

This training course will highlight:

• How to work with suppliers and providers both internally and externally
• Appreciate the complexities of  supply chain activities in the Oil & Gas Industry
• Maximise the advantage that effective use of inventory can deliver financial results
• Evaluate supply chain risk by using risk tools and techniques
• Implement supply chain organisational improvements

PROGRAM OBJECTIVES

• Understand how to maximise the effectiveness of your organisation’s supply chain operations
• Appreciate the need to work with suppliers to gain tangible business results
• Use an inventory strategy that increases the cash flow
• Identify supply chain risk by using analytical tools
• Apply changes in the organisation in order to make cost and service improvements

WHO SHOULD ATTEND?

• Supply Chain Professionals
• All of those who need an understanding of supply chain concepts
• Sourcing, Procurement and Supplier Management Professionals
• Production and Manufacturing Professionals
• All of those who need an understanding of the relationships between risk, cost and service in supply chains

PROGRAM OUTLINE

Understanding the Supply Chain Operations

• Appreciating the Supply Chain Upstream and Downstream
• Understanding Internal and External Supply Chains
• Processes in the Supply Chain
• Working with Suppliers and Customers
• Identifying Gaps in Performance

How to Manage Inventory Effectively

• Types of Inventory
• Maximizing Inventory Turns through Working with Customers and Suppliers
• Improving the Cash Cycle Time
• Making Savings through Inventory Management
• Improving Supplier Relationship Management

Reducing Risks in the Supply Chain

• Identifying Internal Supply Chain Risks
• Understanding Risk Management Principles
• Applying SWOT and PESTLEE Models
• Risk Management Planning though Contingencies
• Prioritisation of Risks in the Supply Chain

Managing Outsourcing in the Organisation

• What is outsourcing?
• How to Manage the Outsourced Contract
• Making Sure that You are not Paying too much for an Outsourced Contract
• Understanding How to Measure the Performance of Contracts
• Appreciating Cost / Service Trade-offs

Improving the Oil & Gas Supply Chain Operation

• Measuring the Performance of the Supply Chain
• Improving the Supply Chain Operation’s Performance
• Using Suppliers and Customers to Improve the Supply Chain Operation
• Ensuring the Organisation Develops a Continuous Improvement Strategy
• Minimising Risk by Re-engineering the Supply Chain Operation