Oil and Gas Industry Supply Chain and Procurement Solutions

Jun 3, 2022
reftecksolutions

Here at Refteck Solutions, we specialise in procurement solutions for the oil and gas industry, and that includes sourcing and supplying oil and gas safety supplies, oil and gas processing equipment, and oil and gas drilling equipment. In addition, we work with other industries such as heavy engineering and pharmaceuticals, but the supply chain in the oil and gas industry presents particular challenges. These challenges are driven in large part by the dynamic and fast-moving nature of supply and demand across the oil and gas supply chain.

Oil and Gas Supply Chain and Procurement

Top Rated Oil and Gas Industry Supply Chain and Procurement Services Provider in the Global Market

As oil and gas equipment suppliers we understand the industry from top to bottom and know that the oil and gas tools and equipment used by companies have to be of the very highest quality. Our commitment to excellence is driven by the people who work for us and ensures that the oil and gas equipment we source is always exactly what is needed by our clients. In addition to this commitment to excellence, we can offer a global network which means that the solutions our clients are looking for can be sourced and supplied wherever they are needed, in line with the strict lead times that the industry so often imposes.

Challenges in the Oil and Gas Supply Chain and Procurement

The nature of the oil and gas industry means that the companies involved in supplying global energy requirements spend a great deal of their cash flow on products and services needed to meet the demands placed on them. If the procurement of oil and gas equipment and the management of the oil and gas supply chain is less than 100% efficient, it can lead to a drain on resources that could otherwise be avoided. Running procurement at the same time as managing the rest of your business can be extremely difficult, which is why it’s best to hand control over to the experts at Refteck Solutions. We make a point of analysing the state of the oil and gas market at any given time, and our experience in the marketplace means that we can analyse the data we gather to predict changes that are due to occur in the supply and demand across the globe. When those changes do occur, we’ll be perfectly placed to deliver the requirements of clients who might otherwise find themselves being taken by surprise.

How Refteck Solutions can Help in Oil and Gas Supply Chain and Procurement

Oil and gas markets are amongst the most volatile in the world, with external events such as conflict and socio-economic events always likely to impact the demands being placed on oil and gas companies. When these demands shift, and oil and gas companies need to have the flexibility to up-scale or alter their provision to meet demand, Refteck will be there to act as a genuine partner. We provide a seamless and confidential conduit between our clients and the suppliers they rely upon, and our knowledge of the marketplace means that we are always fully aware of innovative solutions to the challenges our clients are facing.

Oil and Gas Supply Chain Solutions

Our Tailored Benchmarking Solutions for Your Procurement Needs

Oil and gas supply chain management is a highly specialised and complex field that involves constant monitoring of the performance and value offered by a wide range of contractors, utilising bespoke benchmarks to ensure that the best possible deal is being negotiated at each stage of the procurement process. In simple terms, we can take the time to concentrate on the supply chain in the oil and gas industry, in such a way that we can immediately establish, source, and supply exactly what is needed by a client asking for our help.

More Interesting Blogs, News & Updates