Course description
Supply chain activities cover everything from product development, sourcing, production, and logistics to the information systems needed to coordinate these activities.
Organizations involved in running supply chains have to develop and run supply chains in the most effective and efficient ways possible.
This Supply Chain Operations in the Oil & Gas Industry training course 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.
Upcoming start dates
Upcoming start dates
Suitability - Who should attend?
This course is ideal for:
- 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
Outcome / Qualification etc.
By the end of this Oil & Gas Procurement & Supply Chain you will be able to :
- Understanding what motivates other players in the oil & gas supply chain
- Reducing costs and making service improvements
- Understanding the supply chain operations relevant to the oil & gas industry
- Identify supply chain risk by using analytical tools
- Work towards a kaisen principle of continual improvement
- Become a best in class organization
Training Course Content
Day 1
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
Day 2
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
Day 3
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
- Prioritization of risks in the supply chain
Day 4
Managing Outsourcing in the Organization
- 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
Day 5
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 organization develops a continuous improvement strategy
- Minimizing risk by re-engineering the supply chain operation
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London Premier Centre
London Premier Centre is a UK leading training provider based in London and specialises in international short courses. Our inspiring, comprehensive portfolio of more than 400 professional development courses and seminars covers a wide range of professions from Administration, Leadership,...