As investor expectations climb, challenges threaten the U.S. Energy and Mining sector, including escalating costs and increased regulatory obligations.
In order to capitalize on the significant growth opportunities in today’s market, oil and gas executives need to align corporate strategy and execution with field operations. Developing robust business processes that promote standardization, cost-control, and effective decision-making is the most effective way to bridge the gap between operations and management. Don’t delay; taking action now will provide you with a competitive advantage in this rapidly growing market.
- The client was in the midst of heavy investment activity and deployment of AFE capital projects to drive significant growth
- The company was facing operational challenges and process inefficiencies in several key areas within the organization
- A formal Procurement organization did not exist, resulting in a lack of standardized processes, procedures and controls during a time of increasing supply chain volume and spend
- Traveled to field locations to gain an awareness of current state processes for each organizational group by interviewing field personnel, documenting processes, and developing an understanding of all regional exceptions
- Identified process and system deficiencies and documented a prioritized list of improvement opportunities and supporting action plans
- Worked hand-in-hand with the executives to put a new organizational structure and operating model in place
- Implemented a new Procurement function to better meet the needs of field operations and drive increases in production
- Reduced supply chain costs through the standardization of procurement processes, compression of lead-times and minimization of unplanned downtime
- Enhanced cross-functional communication and alignment between the corporate office and field locations
For More Information, please contact: Steve Foster | 720 341-5535 | Email