| 2010 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).
We are pleased to announce that the winners of the 2010 awards are:
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 effective 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 publically 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!
|
| 2011 Oil and Gas Supply Chain Awards |
|
Submit your entry now for the 2011 Oil and Gas Supply Chain Awards. Award winners are entitled to one guest pass to a two-day seminar dedicated to Supply Chain Management, one round trip airline ticket to and from Dubai, luxury accommodations (In 2009, the winners received their awards at the luxurious five-star Dusit Thani Hotel in Dubai), and complimentary admission to the Awards Ceremony. There are three categories: Oil Company, Equipment Provider, and Service Provider. The scope includes both offshore and onshore operations. The categories are:
- Oil Company includes: Upstream (Exploration For Crude Oil and Natural Gas; Drilling, Completing, and Equipping Wells; and Processing such as Separation, Emulsion Breaking, Desilting, and Field Petroleum Gathering, including Shale Plays and Oil Sands); Midstream (Storage, Transloading, Pipeline, and Tanker Operation); and Downstream (Production Of Gasoline, Kerosene, Diesel and Other Distillate Fuel Oils, Residual Fuel Oils, and Lubricants).
- Equipment Provider includes: Drilling Equipment, Piping, Valves, Vessel and Internals, Pumps, Compressors, Mixers and Agitators, Drivers, Heat Exchangers, Instrumentation, Electrical Equipment, Furnace and Boiler Tubes, Insulation and Refractories, Paints and Coatings, Materials Handling, Tools, and related equipment.
- Service Provider includes: Bulk Storage, Transloading, Pipeline Operation, Vessel Chartering, Offshore and Onshore Construction & Installation, Seismic Services, Offshore and Onshore Rig Operation, Drilling and Directional Drilling, Pressure Pumping and Cementing, Well Fracturing & Stimulation, Fluid Services, Marine Services, Inspection, Testing, Compression Services, and related services.
Please click here to submit your entry form.
If you have any questions, please feel free to contact Camila Paz Soldan at cpazsoldan@bostonstrategies.com or (1) (781) 263-7218.
|
| Read Our Recent Newsletters |
Please click here to read
previous newsletters.
|
| Read our Recently Published Articles |
- September 2010: Leading Supply Chain Transformations with Credibility
- August 2010: Green Supply Chains by 2020
- July 2010: 2010 Mid-Year Rate Outlook: Paying a Premium, Logistics Management
- July 2010: The Return of PPP
- May 2010: Too Small to Fail: A New Model for Regulatory Oversight
-
April/May 2010: The Outlook for Motors and Drives in 2010: Strategies for Success, e-Drive
-
April 2010: Planning for the Long Haul
-
March 2010: The Oil Price 'Bullwhip': Problem, Cost, Response, Oil & Gas Journal
- March 2010: Supplier Development: More Than a Good Idea
- February 2010: Oil Price Volatility and How to Avoid It, Energy Tribune.
- February 2010: Recognizing Excellence: BSI Supply Chain Award Winners
- February 2010: Using Flexible Capacity Techniques to Thrive in a Volatile Economy
- January 2010: 2010 Rate Outlook Update, Logistics Management Magazine.
- January 2010: W-Shaped Economy or Long Wave?
- December 2009: Supply Chain Report Card, LOG Middle East
- November 2009: Contracting in Volatile Markets
- October 2009: Career Advice for Young Professionals
- September 2009: Capacity Concerns Could Be The Next Chemicals Supply Challenge, Purchasing Magazine
- September 2009: Your Supply Chain Costs Have Decreased by 12%
- August 2009: Good, Better, Best. Supply Chain Excellence Awards
- July 2009: The Bullwhip Effect in Global Trade - This is One Wild Bull
- June 2009: The New Era of Post-Chinese Sourcing
- June 2009: Energy Outlook, ISM Material Management News
- May 2009: What's Your Middle East Strategy?
- April 2009: The Ocean Market: Overcapacity Until 2012
- February 2009: Send an RFQ Today
- January 2009: Window of Opportunity: 2009 Logistics Rate Outlook, Logistics Management (by John Quinn with contributions by Boston Strategies International).
To learn more about Boston Strategies International's recent articles, please visit the Library or click here to read previous published articles.
|
To request more information, please fill out the following form.
|
|
