🛢️ 8 Reasons Why Procurement Management in the Oil & Gas Industry is Crucial 🛢️ Procurement plays a critical role in driving efficiency and cost savings in the highly competitive oil and gas sector. From supplier management to risk mitigation, optimizing procurement ensures project success and profitability. Learn more about the key reasons behind its importance in this insightful article. 🔗 Read here ➡ https://shorturl.at/dliQG #OilAndGas #Procurement #SupplyChain #EnergyIndustry #CostSavings #RiskManagement
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As anyone working in the #oil and #gas sector is well aware, large-scale oil and gas projects are complex undertakings that require meticulous planning and execution. Effective procurement management is crucial to ensure that these projects are completed on time, within budget, and to the highest standards of quality and safety. We’ve explored the key aspects of managing procurement activities for large-scale oil and gas projects, highlighting best practices and strategies to overcome common challenges. https://lnkd.in/exAeYphi #procurement #procurementconsultants #procurementconsultancy #oilandgas
Managing Procurement Activities for Large-Scale Oil and Gas Projects
accelerateprocurement.com
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🌟 Transitioning to Supply Chain in Oil & Gas? Follow these 7 Steps! 💼🛢️ #SupplyChainCareer #OilAndGasIndustry #SupplyChainCareer #supplychain #supplychainmanagement #TransferableSkills #CareerTransition #CPSM #JobSearchTips #SCMJobs #Procurement #logistics #networking #ProfessionalNetwork #SupplyChainManagement #SCMJobs
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🔧💼 At Hal International, we optimize your supply chain for the Oil & Gas sector 🚀🔍. Efficiency in procurement is key to success. How do you improve your purchasing process? Let us know in the comments below 👇 🛠️💡 #OilAndGas #SupplyChain #Procurement #Efficiency #BusinessSolutions #HalInternational #EnergyIndustry
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Did you know? Traditional oil and gas procurement processes can be riddled with hidden costs that erode your bottom line. In this week's Oil And Gas Procurement tip, we explore some of these hidden culprits: Manual Processes: Time-consuming manual workflows lead to inefficiencies and potential errors. Limited Supplier Visibility: Lack of transparency can make it difficult to identify the best deals and manage supplier relationships effectively. Reactive Sourcing: Responding to urgent needs instead of proactive planning can drive up costs. Inefficient Contract Management: Poor contract management leaves room for errors and missed cost-saving opportunities. Here's the catch, modern procurement solutions can help you: Streamline processes for greater efficiency and cost savings. Gain real-time visibility into your supply chain for better decision-making. Implement proactive sourcing strategies to secure the best value for your projects. Optimize contract management to mitigate risks and maximize savings. Want to learn more? Comment below with your biggest procurement challenge, and let's discuss how we can help! #CANDSL #BUSINESSDEVELOPMENT #Procurement #OilAndGas #CostReduction #SupplyChainManagement
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🛢️ Did you know that smart procurement can make or break an oil and gas project? As someone who's been in the trenches of oil and gas procurement, I've seen firsthand how crucial this often-overlooked aspect of our industry is. It's not just about buying stuff – it's about strategic decision-making that impacts the entire operation. Here's why procurement matters in oil and gas: • It can slash costs without cutting corners • It ensures we have the right equipment at the right time • It helps manage risks in a volatile market But here's the kicker: good procurement isn't just about getting the lowest price. It's about building relationships, understanding the market, and thinking long-term. What's your take? Have you seen examples of procurement making a big difference in your projects? Share your thoughts below! Let's learn from each other and keep our industry moving forward. 👇 #OilAndGas #Procurement #IndustryInsights
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Attention to all supply chain and procurement professionals in the oil and gas sector: A notable extension has been announced for the submission deadline regarding a tender involving the acquisition of spare parts for specific pipeline transportation systems in two separate lots. This pertains to sourcing components for Allen Bradley and Bently Nevada systems. Full details, including terms and specific conditions of the tender, can be accessed exclusively at algeriaprojects.com.
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THE Local Content Secretariat is examining the procurement guidelines being used by companies operating in Guyana’s oil and gas sector, as several inconsistencies and a lack of standardisation have raised significant concerns. This was recently noted by the Director of the Secretariat, Dr Martin Pertab. https://lnkd.in/euFcqGYe
Procurement rules by oil and gas companies now under scrutiny – Local Content Director
https://guyanachronicle.com
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As we know, during construction of Oil, Gas & Petrochemical projects specially when they are running in EPC method, more than 60% of project costs will be considered for Procurement section and remained amount( around 40%) are E&C cost. This apportion, shows the “Material Controlling Importance” and tell us: "If you wanna construct your project as per forecasted time and money, take Care of your Project Materials." ... Will be continued in next time...
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Streamline Your Oil & Gas Projects with Expert Procurement Services BIHORNS is your trusted partner for efficient and reliable procurement in the demanding world of oil and gas. Our dedicated team of procurement specialists, with extensive experience in the industry, understands the criticality of: -Sourcing the right equipment and materials: We have established relationships with top manufacturers and vendors, ensuring you get the best quality at competitive prices. -Meeting stringent deadlines: We prioritize timely delivery, keeping your projects on track and minimizing downtime. -Adhering to strict safety regulations: We source equipment and materials that meet all necessary safety standards and certifications. -Managing costs effectively: We leverage our industry expertise to negotiate favorable terms and optimize your procurement budget. Here's how we can benefit your oil and gas operations: -Reduce procurement complexity: We handle the entire procurement process, from identifying suppliers to final delivery, allowing you to focus on core operations. -Minimize procurement risks: Our expertise mitigates potential issues like delays, quality concerns, and non-compliance. -Improve project efficiency: Streamlined procurement ensures your projects stay on schedule and within budget. -Gain cost savings: Our strong relationships and negotiation skills help you secure the best possible deals. Ready to experience the difference expert procurement can make? Connect with us today to discuss your specific needs and learn how we can optimize your oil and gas procurement process. hashtag #oilandgas hashtag #procurement hashtag #epc hashtag #engineering hashtag #construction hashtag #projectmanagement hashtag #costmanagement hashtag #efficiency hashtag #reliability hashtag #safety hashtag #partnership hashtag #bihorns hashtag #iraq Call to action: Visit our website: www.Bihorns.com Contact us today for a free consultation: info@bihorns.com +964 751 745 0335
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Our Upstream Oil & Gas Supply Chain Consultancy Services empower operational efficiency with strategic expertise, offering streamlined tender management for optimal vendor selection, tailored contract construction to ensure compliance and minimize risk, and strong supplier relationship management for sustainable performance. We drive profitability through cost optimization, implement robust risk and compliance frameworks, leverage market intelligence for informed decision-making, and optimize logistics and inventory for efficient resource allocation—all to elevate your supply chain impact. #SupplyChainExcellence #OilAndGas
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