This training will allow you to explore and debate Procurement and Supply Chain Management industry best practice and the best strategies to reduce costs and add value to the company. We will be discussing topics including how best to manage increased prices, how to benchmark procedures that are critical to maintaining massive expenditure and strategies for developing a supply chain in new geographical locations. The focus will be on equipping industry leaders with the tools they need to reduce costs and drive value creation in the supply chain.
Procurement and Supply Chain Management for the Oil & Gas Industry.
Maintaining best practice in PSCM is a core requirement for those operating in the global oil and gas industry.
PSCM is significant within company strategy. It is no longer just a necessary function but is being used to add value across the board. Companies need to ensure that they are adopting policies that can deal with the dynamism and complexity of today’s operating environments, provide that management of the procurement function and supply chain can be the first line of defense for business operations.
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 collaborate 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.
This is official CIPS course.
This training course will be delivered a recognized 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.
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
Adopt contemporary practices
Building robust internal supply planning capabilities
A collaborative relationship with vendors
Tools and techniques to effectively renegotiate contracts
Participants who fully attend this course and complete the test on the last day will receive a Strategic Axis Professional Certificate (SAPC). SAPC certificates are regionally recognized and can be quite valuable when applying for more senior roles within the organization or outside.
This course is approved for 21 CPD credits for CIPS international certificates.
After this course, you are eligible to apply for Certificate in Procurement and Supply Operations.
You can find details about exam here.
What are 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
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
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
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
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