A Project Management Institute, Inc. (PMI)®Registered Training Course
Global Procurement & Supply Chain Management for the Oil & Gas Industry
Improving Profitability by Controlling Costs
Course Overview
Procurement and supply chain management are being relied upon more and more to make a difference to organisations where they are operating in very uncertain times. Procurement particularly is under constant pressure to make dynamic and meaningful contributions to the bottom line operating costs and, at the same time, reducing capital expenditure. 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 due to the volatility in oil prices is causing real monetary concern across the industry. It is now vital that the procurement and supply chain functions collaborate their efforts and expertise to cope with the complexity of the present operating environment.
This Global Procurement and Supply Chain Management for the Oil & Gas Industry 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 changes in the market and to think differently about global procurement. This GLOMACS training course had been designed to provide delegates with practical approaches for transforming their organization’s procurement team to become more competitive and resilient.
Training Outline
DAY 1: Defining Strategic Procurement in the Oil and Gas Industry
- What is 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
DAY 2: Integrated Supply Chain Strategy
- 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
DAY 3: Supplier Collaboration and Relationship Management
- 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
DAY 4: Strategic Contract Negotiations
- 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
DAY 5: The “LEAN” Approach to Supply Chain Management
- 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
Certificates
- On successful completion of this training course, GLOMACS Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor and Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates
Accreditation
GLOMACS is proud to be an Authorized Training Partner (ATP No. 2759) with PMI®. As an ATP, GLOMACS is authorized to issue applicable Professional Development Units (PDUs) and Educational Contact Hours to participants of any of its PMI® approved training courses for PMI® Certification and Re-Certification.
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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