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HIGHLIGHTS
BENEFITS OF DOCUMENT
DOCUMENT DESCRIPTION
This deck provides a generic version of a multi-year Technology Transformation program for a large multinational Oil and Gas company. The primary objective was to to better leverage information and information technology for superior performance and growth.
As part of a wide-ranging technology transformation program, the client's procurement team was tasked to improve the performance of vendors.
The Vendor Sourcing Program (VSP) was set up and asked to identify opportunities globally and across Business Units, rapidly develop sourcing strategies, engage incumbent vendors in negotiations, and establish sustainability plans.
The the VSP initiative scope was broad in scope and included Hardware, Software, Network/Carrier, Consulting, Staff Augmentation (temporary contractors), and Technology Technical Services.
The secondary objectives for the program were
• Stronger relationships with vendors and greater support in executing O&G client's technology strategy
• A simplified supply base with fewer vendors and fewer contracts
• Market competitive rates for products and services
• Set up an established set of vendors to serve global, regional, and local requirements
• Achieve better service delivery and more accurate invoicing procedures
• An Improved organizational capability to support governance in sourcing and procurement processes
Got a question about the product? Email us at [email protected] or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Oil & Gas PowerPoint Slides: Oil and Gas - Technology Procurement PowerPoint (PPTX) Presentation, Affinity Consulting Group
AUTHOR: AFFINITY CONSULTING GROUP
Affinity Consulting Group has published 10 additional documents on Flevy.
DETAILS
This business document is categorized under the function(s): Information Technology Operations
It applies to Oil and Gas
File Type: PowerPoint (pptx)
File Size: 2.5 MB
Number of Slides: 15 (includes cover, transition, & marketing slides)
Related Topic(s): Oil & Gas
Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.
Initial upload date (first version): Jun 7, 2022
Most recent version published: Nov 2, 2022
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