Code Date Venue Fees
MM037 16 - 20 Jul 2018 New York - USA $6,950 Register
MM037 12 - 16 Nov 2018 Houston - USA $6,950 Register
Home » Seminars » Purchasing, Logistics & Supply Chain Management » Global Procurement and Supply Chain Management for the Oil & Gas Industry

Introduction

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 since the drop in oil prices is causing real monetary concern across the industry. It is now vital that the procurement and supply chain functions collaborates its efforts and expertise to cope with the complexity of the present operating environment. Procurement and supply chain management are being relied upon to make a difference to the depressed market and are under constant pressure to make dynamic and meaningful contributions to the bottom line operating costs and capital expenditure.

This innovative training course 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 the downturn and think differently about global procurement. The training course had been designed to provide delegates with practical approaches for transforming their organization’s procurement team to become more competitive and resilient.

Objectives

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

Training Methodology

This training course will be delivered by a recognised world-class procurement and supply chain professional and will include a range of lively and interactive training methods, including exercises, role plays, case studies, practice sessions and group discussions. The learning experience will be grounded on instructor-led presentations that highlight key issues to focus on, and supported by a reference manual containing examples of best practice.

Participants will make presentations and receive personal feedback on their performance. Discussions will enable participants to share their own experiences with the rest of the group using the most up to date world-class materials, the instructor will take delegates through a journey of learning new skills and give them the confidence to use these skills on their return to their duties.

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 versus demand
  • Sustainability in the procurement and supply chain

Who Should Attend?

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

Seminar Outline

DAY 1

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 2

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 3

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 4

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

DAY 5

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

Accreditation

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


Upcoming Dates

Code Date Venue Fees
MM037 16 - 20 Jul 2018 New York - USA $6,950
MM037 12 - 16 Nov 2018 Houston - USA $6,950

Project Management Institute (PMI)® has reviewed and approved GLOMACS as a Global Provider of project management training. This is a PMI® Approved/Registered training seminar and hence attendance to this training course will enable those credentialed with PMI® to receive applicable PDUs upon updating their status with PMI®.

REP logo, PMI & PMP are registered trademarks of Project Management Institute, Inc.

Introduction

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 since the drop in oil prices is causing real monetary concern across the industry. It is now vital that the procurement and supply chain functions collaborates its efforts and expertise to cope with the complexity of the present operating environment. Procurement and supply chain management are being relied upon to make a difference to the depressed market and are under constant pressure to make dynamic and meaningful contributions to the bottom line operating costs and capital expenditure.

This innovative training course 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 the downturn and think differently about global procurement. The training course had been designed to provide delegates with practical approaches for transforming their organization’s procurement team to become more competitive and resilient.

Objectives

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

Training Methodology

This training course will be delivered by a recognised world-class procurement and supply chain professional and will include a range of lively and interactive training methods, including exercises, role plays, case studies, practice sessions and group discussions. The learning experience will be grounded on instructor-led presentations that highlight key issues to focus on, and supported by a reference manual containing examples of best practice.

Participants will make presentations and receive personal feedback on their performance. Discussions will enable participants to share their own experiences with the rest of the group using the most up to date world-class materials, the instructor will take delegates through a journey of learning new skills and give them the confidence to use these skills on their return to their duties.

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 versus demand
  • Sustainability in the procurement and supply chain

Who Should Attend?

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

SEMINAR OUTLINE

DAY 1

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 2

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 3

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 4

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

DAY 5

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

Quality Logo

GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

 

All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.

Quality Logo

GLOMACS is proud to be an approved Registered Education Provider (R.E.P.) with PMI®. As an R.E.P. GLOMACS is qualified to issue applicable Professional Development Units (PDUs) to participants of any of its PMI® registered/approved seminars where one (1) PDU is equivalent to one (1) contact hour of training.

REP logo, PMI & PMP are registered trademarks of Project Management Institute, Inc.



© 2017. Material published by GLOMACS 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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Tel : +971 - 04 - 425 0700, Fax : +971 (04) 425 0701, Email : info@glomacs.ae

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