Structured Vendor Sourcing Strategy Over Time PPT

This PPT slide, part of the 15-slide Oil and Gas - Technology Procurement Transformation PowerPoint presentation, outlines the structure and phases of the VSP program, emphasizing a systematic approach to vendor sourcing over time. It is divided into several key sections, starting with "Quick Wins," which highlights initial tech providers and consultants engaged between February and April. This phase focuses on immediate opportunities for cost savings and efficiency improvements, showcasing a range of vendors from tech providers to consultants.

As the timeline progresses into the "Wave 1" and "Wave 2" phases, the slide illustrates a more comprehensive strategy. Wave 1, occurring in July and August, includes a broader array of vendors, indicating an escalation in both the complexity and scale of sourcing efforts. This phase introduces additional tech providers and infrastructure vendors, suggesting a focus on enhancing operational capabilities.

Wave 2, scheduled for September and October, continues this trend with an even wider selection of vendors, including security and data management services. The structure indicates a cascading approach, where each wave builds on the previous one, allowing for a more strategic alignment of vendor capabilities with organizational needs.

The financial metrics presented at the bottom provide insight into the potential addressable spend and in-year savings, with figures increasing significantly from the initial phases to the later waves. This suggests a well-thought-out plan aimed at maximizing value over time. The estimated results for Year 1 highlight the anticipated financial impact, reinforcing the program's potential effectiveness in transforming procurement strategies. Overall, the slide conveys a clear narrative of progressive vendor engagement designed to optimize procurement outcomes.

This slide is part of the Oil and Gas - Technology Procurement Transformation PowerPoint presentation.

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