Creating Supply Advantage For Oil And Gas Companies With Strategic Procurement

In 1998, the rich, historic epic of the oil and gas industry entered a new era-one defined by mergers of breathtaking scope and scale and high-stakes positioning for the world-class projects of the future."Shareholder value" is the clear and consistent rallying cry, requiring competitors to intensify their efforts at cost leadership, while also seeking to boost revenues through the deployment of innovative technologies and processes. Many look to market innovations, while others seek to unlock "supply chain" value through innovative relationships with suppliers as a powerful tool to enhance shareholder value.A recent A.T. Kearney survey into the latter trend-the industry's efforts at ...

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