Procurement and Supply Chain Management

The Procurement / Supply Chain discipline covers skills and processes primarily focused on managing supply chains that support the wide range of facilities found in the oil and gas industry. In the past five years or more, oil companies have begun to reshape procurement, logistics and warehousing operations to be less transaction-oriented and more strategic in nature

Typical Course Outline

         ·            What is a contract?

         ·            What is the Supply Chain and how do we manage it?

         ·            Developing a best practice procurement process

         ·            What makes the petroleum industry different?

         ·            What is a Contracts Strategy & how do we develop one?

         ·            The role of contracts policy and procedures

         ·            Alternative Contracts Strategies

         ·            The role of contract risk assessment

         ·            Alternative Tendering Strategies

         ·            Different types of contracts

         ·            How to prepare contractor selection criteria

         ·            How to evaluate tender submissions

         ·            Understanding the "small print"

         ·            How to manage the contract after it has been awarded