Integrated Procurement Strategy for Arabian Business Units PPT

This PPT slide, part of the 15-slide Technology Sourcing in the Oil and Gas Sector PowerPoint presentation, outlines a collaborative approach taken by the VSP across various Business Units to enhance the procurement operating model and identify opportunities. It is divided into 3 main sections: leveraging global contracts, supporting sourcing initiatives for major Arabian business units, and developing a common procurement operating model.

The first section emphasizes the importance of utilizing existing global agreements that the VSP has negotiated with tech providers. This includes collaboration on ongoing initiatives and vendor development, which suggests a strategic focus on maximizing the value from established partnerships. The mention of specific tech providers indicates a targeted approach to procurement, aiming to optimize resources and capabilities.

The second section details the support for major Arabian business units in their sourcing initiatives. It provides a timeline for capturing initial savings, indicating that the process is designed to be efficient. The timeframes range from approximately one month to 6 months, depending on the sourcing strategy employed. This structured timeline reflects a methodical approach to achieving financial benefits quickly, which is critical in a competitive environment.

The final section focuses on developing a common procurement operating model. It outlines visible components such as processes, organizational structure, and accountabilities. The diagram suggests an integrated framework that encompasses people, systems, and measurement, highlighting the need for alignment across various facets of procurement. This holistic view is essential for ensuring that all units operate cohesively towards shared goals.

Overall, the slide presents a comprehensive strategy aimed at enhancing procurement efficiency and effectiveness across the organization.

This slide is part of the Technology Sourcing in the Oil and Gas Sector PowerPoint presentation.

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