Please click here to submit an entry for our 2012 BSI Oil and Gas Supply Chain Awards.
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| 2011 Oil and Gas Supply Chain Award Winners |
| Boston Strategies International (BSI) set the bar for excellence in supply chain management by authoring the definitive Guide to Supply Chain Management, which was published by The Economist. Is your operation world-class? |
Each year our firm conducts an in-depth global oil and gas supply chain benchmark study in which diverse companies respond from countries as widespread as Australia, Germany, India, Italy, Nigeria, Norway, South Africa, and the United States. Winners are evaluated based on their demonstrated supply chain processes and performance on nine Dimensions: Supply Chain Strategy, Supply Chain Organization, Demand and Capacity Planning, Procurement, Production, Maintenance and Engineering, Logistics and Materials Management, Information Systems, Performance Feedback and Management. Previous years’ award winners include Qatar Fuel (Qatar), Bharat Petroleum Corporation Limited (India), and FMC Kongsberg Subsea (Norway).
The winners of the 2011 awards were:
GE Oil & Gas. GE Oil & Gas won the award based on its success in offering oilfield solutions that increase electrical efficiency and system reliability, notably through the recent acquisition of Converteam, Wellstream Holdings, and John Wood Group’s Well Support Division. By providing solutions that allow operators of compression and pipeline systems to use electric instead of diesel power, VFDs instead of fixed speed motors, energy-efficient motors, and automation and process controls, along with the ability to maintain the system, GE Oil & Gas has helped lower operating and maintenance costs while reducing greenhouse gas emissions. Click here for a press release.
Motiva. Motiva Enterprises LLC won the award based on its success in building an industry-leading biofuel (ethanol)distribution network. The supply chain that Motiva has built – including rail and marine terminals, segregation and blending infrastructure, and export facilities – along with the partnerships that Motiva has formed – with ethanol producers, Class 1 and short line railroads, terminal operators, and industry peers, allows the company to handle ethanol for other major oil companies and fuel ethanol suppliers at a lower cost and with more flexibility than if each company used its own facilities, which is helping the industry comply with Renewable Fuel Standard regulatory requirements. Click here for a press release.
Freudenberg Oil & Gas. Freudenberg Oil and Gas won for its emergency overhaul of dry gas seals for Agip KCO, operator of the Kashagan project, by rapidly deploying engineers, tools, and parts from EagleBurgmann in Russia to avoid international shipping and customs complications and delays that would have been incurred if Freudenberg had shipped the units to Germany. The move prevented downtime that would have cost tens of millions of dollars, according to Freudenberg’s estimates. Click here for a press release. The winners shown below received their awards at the 5th Annual Global Procurement and Supply Chain Management for the Oil and Gas Industry, in Barcelona on September 26, 2011.
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| 2010 Oil and Gas Supply Chain Award Winners |
The winners of the 2010 awards were:
Shell. Shell won based on its high-performing standardization program, which allowed it to reduce purchase prices by 30% for valves, cut variety by 50%, through use of its extensive Materials and Equipment Standards and Code (MESC) catalog. The catalog, which is based on ISO and IEC standards to ensure interoperability, integrates 370 Design and Engineering Practices (DEPs) that standardize tools and facilities, reducing recurring engineering and design work and consolidating spend on standard items. In addition to reducing purchase cost, the practice also reduces delays due to supplier confusion and costs related to unnecessary rework. Continuous feedback from users and participation from external standards bodies keeps specifications up to date. Shell more than doubled the number of DEPS between 2000 and 2010, and is aiming for a DEP age of 3.5 years. Click here for the press release.
Chevron. Chevron Corporation (USA) won for its effectiveness in extending its internal Lean Six Sigma techniques to its suppliers. The first pilot project in 1999 reduced operating costs at a California water treatment plant by 30%. Lean Sigma, which officially started as a grass roots initiative in year 2000, validated financial benefit of $250 million in 2008, $400 million in 2009 and is projected to exceed $500m in 2010. Hundreds of projects across the US, UK, Angola, and Indonesia contributed to the achievement. An internal consulting group led by Stephen Turnipseed helps facilitate the Chevron businesses in starting and maturing their programs. As the SBU programs mature, Chevron actively engages its suppliers and contractors in improvement projects and in development of similar continuous improvement programs. Click here for the press release.
Baker Hughes. Baker Hughes won the award based on its supply chain transformation strategy and year-one achievements: the group has publicly declared $100m in volume adjusted cost reduction per year for the next three years. The roots of the savings trace to supplier categorization and rationalization, strategic sourcing designed to shorten the chain and dramatic improvements in lean manufacturing in their “go-forward” manufacturing facilities. The company created a global supply chain and manufacturing organization in April, 2009, and appointed Arthur Soucy, formerly Pratt & Whitney’s VP of Global Supply Chain, to run it. Click here for the press release.
The awards were conferred at the annual retreat of the OFS Portal in Houston. Click here for a photo.
Congratulations to the winners!
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