Oil & Gas EPC

Sourcing Value teamed up with an Oil & Gas EPC to assess spend across multiple projects and value chains to identify potential material aggregation and leverage creation. Through consolidation of the big picture and comprehensive negotiations with steel suppliers Sourcing Value was able to help pin-point an additional 5% savings. The analysis was also able to help support analysis of market volatility and risk mitigation strategies.

Solution and Analysis Provided by Sourcing Value:

  • Big picture spend and value chain analysis
  • Risk mitigation analysis
  • Supplier search and RFIs
  • Value chain strategy
  • Execution of standardized, matrix-style RFQs and Fact-Based Negotiations

Results

  • Achieved high level of spend visibility and control
  • Implemented RFI process to generate more cost competitive suppliers for all projects and regions
  • Drove 5% savings through aggregate material volume leverage

Deliver greater savings and business value throughsteel sourcing optimization and expertise.

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