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About this course
Developing your own effective procurement and Supply Chain Management (SCM) strategy can make valuable, quantifiable contributions to your company’s performance. This practical 5-day virtual course shows you how to adopt a “best-practice” model and, outlines the latest thinking in upstream petroleum industry procurement.
What you will learn
- To develop and implement a highly effective procurement strategy and plan for your organisation to reduce the overall cost of purchasing
- To manage your supply chain in order to deliver maximum value at minimum cost
- To develop and implement a best practice process for the management of contracts and the supply chain
- To adopt innovative ways to select contractors and prepare tender documents
- To choose the type of contract and compensation terms that best achieves the contract’s objectives
- To prepare tender evaluation criteria and evaluate a tender submission
- To manage contract risk
Training Method
Extensive use of oil industry case studies, examples and exercises are used in this course. The content has been designed to be delivered via a live Remote Instructor Led platform delivered over 5 days. Each day consists of 2 x 2 hour sessions or 1 x 4 hour session (with breaks).
20 hours CPD accreditation.
- Course content
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