Optimizing the Oil and Gas Supply Chain

As oil and gas supply chain consultants, we have seen the structure of supply chains changing rapidly over the past several years.  Automation, robotics and big data, along with analytics, now play more of a role in optimizing a supply chain than ever before.

Some of the biggest hurdles our clients face are:

  • Lack of agility in the logistics process
  • Need for strategic sourcing
  • Supplier Performance Management
  • Siloed decision making and data collection
  • Antiquated or poorly designed processes
  • Underutilized data in decision making
  • Significant lag times in the ordering process

In oil and gas, as with other industries, there is a common misconception that procurement is strictly a cost center.  Additionally, there is also an assumption that larger companies are realizing better pricing from suppliers based on scale alone.  However, in our experience as oil and gas supply chain consultants, we have found that is often not the case.  A robust Supply Chain organization can be viewed as a strategic partner to the business.

The Carnrite Group’s approach to optimizing a supply chain and logistics begins with a simple assessment of a cross-section of the organization.  From there, we determine a company’s supply chain maturity level and formulate a plan to help you move forward.  The cost savings that come from optimization alone can be 25% or higher, and this, in turn, boosts your organization’s competitive advantage.