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Contracts and Procurement
Procurement of Industrial Equipment: The Fundamentals
Introduces procurement as a strategic function in oil and gas, responsible for both cutting cost and securing specialist equipment for remote sites. It follows the purchasing process from defining the need to receipt and explains the standard general terms and conditions of purchase.
- Discipline
- Contracts and Procurement
- Level
- Foundation
- Duration
- 3 days
- Formats
- Classroom, Live online, In-house, Blended
Every course can be delivered in-house and tailored to your organisation.
Who should attend
Purchasers and purchasing heads, plus expediters, stock and cost controllers, transit agents and technical administrators.
What participants will be able to do
- Explain the procurement functions in the upstream supply chain
- Follow the purchasing process from need to delivery
- Understand the obligations set by standard purchase terms
- Add value through supplier selection and cost analysis
Topics covered
- Upstream supply chain overview
- Supply chain visibility
- Golden rules of purchasing
- Defining needs and specifications
- Supplier qualification
- General terms and conditions of purchase