Abu Dhabi to host Global Procurement and Supply Chain in Oil and Gas 2013

Due to the size of this percentage, many companies have over the years targeted supply chains for cost cutting and efficiency improvements.

With many new production wells being developed at challenging offshore locations and with the critical need to keep the cost of marginal field development at a minimum in order to drive profits, optimal logistics and supply chain solutions are necessary to keep the process as smooth and visible as possible.

Praxis Global Research is working along with the Executive Steering Committee to host its premier global forum in the Procurement and Supply Chain series.

The Global Procurement and Supply Chain in Oil & Gas 2013 taking place in Abu Dhabi, UAE from 27 to 29 May focuses on identifying, pinpointing and discussing the key parameters driving the supply chain industry.

Supply chain optimization and process efficiency is primarily achieved through aligning the company's supply chain objectives with the industry drivers.

This includes synchronizing supply with demand, keeping the supply chain transparent to effectively manage risk and ensure smooth operations, and achieving cost efficiency through overcoming budget over run.

The event serves as a platform to address and overcome the bottlenecks in the industry. The Steering Committee follows a unique format to achieve this objective, it comprises of interactive sessions involving case study analysis, presentations from operators, main contractors, and solution providers, and interactive brainstorming and solution-finding sessions.