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 and safety status, and product innovation. Upstream operations, with their large capital initiatives, manage some of the most complex supply chains in the world. This requires 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’ 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 can 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 must be prepared to fulfill the requirements of retail channels and maximize on-shelf availability.
Working with oil and gas companies, e2open has developed a set of applications to address these difficult challenges.