PM Training

A New Reality for Procurement and Supply Chains 2022

Projects Procurement and Supply chain management is not new – to varying degrees it’s the tool used to ensure critical production needs are met, costs are managed and processes are streamlined. There is no discrimination based on Project size, or which segment of the industry your business occupies. With few exceptions, this is still largely managed as a procurement and cost control issue in the energy sector. Consideration of SR issues widens the court,Although the type of obstacles vary depending on factors such as location and depth of geological, technical and operational knowledge and nature of operating unit, challenges can creep into any part of the supply chain and create problems with ripple effects, whether it’s with delivery of in-bound materials or spare parts prior to demanding project schedule. With boom in digitization, IOTs and online platforms, Procurement and Supply chain management (PSCM) in energy markets has evolved significantly over the past 20 years yet many organizations fail to execute their operating model towards peak efficiency and reinforce their objectives regarding cost reduction and efficiency.The traditional approach to procurement does not consider the new material risks triggered by the COVID-19 pandemic, including potential COVID-19 impacts on construction programs, productivity and supply chain.considering risk allocation and generally the principle that the risk should be borne by the party best placed to bear it. While this is not always able to be fully applied, it is an appropriate yardstick when looking at the new risks triggered by COVID-19. They are unlike many current risks in that they can simultaneously relate to government regulation (global and local), physical health and economic contraction. Accordingly, these risks are difficult (or near impossible) for either party to efficiently price and generally fall into the bucket of shared risks.

Global EPC Project Management Summit :

28th September, 2022

Introduction:

  • Aims & objectives
  • The days agenda

2022: Year of market challenges maintaining robust procurement and supply chain resilience

  • Overview of major industry downturns with PSCM disruption across the globe.
  • Studying set of events that led to Tier-2/Tier-3 interruptions and further paradox in sourcing

Achievements and post pandemic goals to empower your project procurement needs

  • Digital tools needed to outrun the current limitations and logistical dilemmas
  • E-Procurement concepts and simulations setting the right competitive edge

E-Procurement : Why is it so important in 2022 and who can benefit from this:

Is the focus on short term gains or long term planning and building for future

  • Developing PSCM skills and abilities
  • Group work to identify lessons & improvements to actual solution

Expected compliance challenges during EPC Sourcing post pandemic:

Case Study

  • The need to demonstrate development cost leadership Compliance check - Employer & Contractor
  • Supplier qualifications and need towards communication
  • Conclusions

Supply Chain Challenges in 2022 from a logistics function point of view:

Case Study

  • Delivering a legacy through supply chain
  • Setting the course to success and boosting project performance
  • Takeaway points and conclusions

Comparing Centralized Vs De Centralized Purchasing System

Case Study

  • Description and defining scope/boundaries
  • Ambitious Procurement program post pandemic gains
  • Procurement Process with a detail on the web tender system

Weak Links in the E&P projects and how digitized procurement program can boost efficiency of the SC:

Case Study

  • Working around digitized procurement function in 2022 and why is it more than important in this post pandemic decade?
  • Focusing on profitability on the road to recovery and what policies/ regulations to keep in mind?
  • Supplier Risks - are project risks mitigated by supplier standards and governance? How we we tackle this through digitized verification