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Supply Chain and Procurement Digital Transformation
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The oil and gas industry is a complex and ever-changing environment. Production and operations are typically high-cost, high-risk and capital-intensive. It is an industry that depends on an extensive supply chain with a focus shifting from reducing up-front costs to achieving total cost management and leveraging supplier innovation. In addition, compliance with industry health, safety and environmental regulations is of paramount importance. Ensuring good governance, secure and seamless information flows, and strategically focusing on supplier relationships has proven to create competitive advantage and ensure a resilient & sustainable supply chain.
Today, strategic procurement teams can have a significant impact on driving greater value across the entire business. In order to do so, they require solutions to streamline and integrate complex sourcing activities and obtain visibility into total spend, supplier performance and risk management. Join this boardroom to discuss how to simplify procurement requirements for evolving oil & gas trends.