Leading oil and gas companies are leveraging the E2open network and supply chain solutions to operate their multi-enterprise supply chains in real-time, giving them end-to-end visibility and control.
Across upstream, midstream, and downstream operations, oil and gas firms face a magnitude of supply chain challenges that impact not only their customer service, but also their capital asset utilization, environmental health & safety status, and product innovation. Upstream operations, with their large capital operations, manage some of the most complex supply chains in the world – requiring the coordination of joint venture partners with multiple tiers of manufacturing and construction.
Successful capital project execution rests on owner/operators and their construction partners’ (EPCs) ability to rapidly respond to events before project timelines are affected. Project teams that are equipped to receive alerts of short ships or projected late arrivals are able to better plan work to maximize workforce availability. Furthermore, visibility into inventory stocking locations, goods-in-transit, and receipts can expose surplus material at supplier factories or project sites, allowing procurement teams to minimize spend while improving parts availability. In the downstream part of their business, oil and gas companies have to be prepared to fulfill the requirements of retail channels and maximize on-shelf availability.
E2open, working with oil and gas companies, has developed a set of solutions to address these key challenges.