Phased Approach to Technology Vendor Sourcing PPT

This PPT slide, part of the 15-slide Technology Sourcing in the Oil and Gas Sector PowerPoint presentation, outlines the structured approach of the VSP program in sourcing technology vendors over multiple waves. It categorizes the sourcing process into distinct phases, starting with "Quick Wins" and progressing through "Wave 1" and "Wave 2." Each phase lists specific tech providers and consultants involved, indicating a systematic escalation in vendor engagement over time.

The "Quick Wins" section highlights initial vendors, including Tech Provider F and BCM, emphasizing early gains in efficiency and cost savings. This phase appears focused on securing immediate benefits, likely to build momentum for the program. The subsequent waves show a more comprehensive engagement with a broader range of vendors, including hardware and software providers, as well as systems integrators. This suggests a strategic layering of vendor relationships, allowing for a gradual increase in complexity and potential savings.

Financial metrics are also presented, detailing addressable spend and in-year savings across the waves. For instance, the addressable spend grows from $170-205 million in the initial phase to $460-480 million in Wave 2, reflecting an expanding scope of sourcing activities. In-year savings are projected to fluctuate, indicating the varying impact of each wave on overall financial performance.

The final section summarizes the estimated results for Year 1, projecting a total of $830-905 million in addressable spend and $40-57 million in savings. This encapsulates the program's effectiveness in achieving its financial goals while establishing a framework for future vendor sourcing activities. Overall, the slide conveys a methodical and phased approach to technology sourcing, which can be critical for organizations looking to optimize their vendor relationships and drive cost efficiencies.

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

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Procurement Strategy Oil & Gas

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