”Why is Procurement in the Oil & Gas sector considered a different ‘league’ in the Supply Chain world?
If you think it’s just about issuing an RFQ and picking the lowest price, this series is for you.
In our industry, a single mistake isn’t just a budget variance it’s a potential halt in production, an environmental risk, or millions of dollars lost per hour
Drawing from my experience in managing tenders and complex supply chains in the energy sector, I’m starting a series of posts to dive deep into the ‘Behind the Scenes’ of O&G Procurement and why it’s unlike any other industry.
What makes us different?
Technical Integrity is Non-Negotiable:
We don’t buy ‘off-the-shelf’ items. We procurement equipment designed to withstand extreme pressures and corrosive environments. If a bolt doesn’t meet API or ASME standards, the entire asset is at risk.
The Deadly Cost of NPT (Non-Productive Time):
In a factory, downtime is a loss. On a Rig, if a critical component is delayed by an hour, the cost can exceed $100,000+ This is why ‘Reliability’ often trumps ‘Price’ in our world.
Logistics at the Edge of the World:
Delivering a 50 ton module to a remote desert site or an offshore platform isn’t just shipping it’s a high-stakes engineering feat.
This is just the beginning. Over the next few posts, I’ll be sharing insights on AVL management, the art of Expediting, and how we mitigate risks before they even hit the site.
Written by: Eng. Yara Hossam Helmy
Founder Supply Chain Community
Influential leader in the field of logistics & supply chain
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