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UK Oil and Gas Supply Chain Behaviours: An Industry Perspective

The following paper has been written by Steve Johnson, MSc, FCIPS, Chartered Procurement & Supply Professional, FCILT and was presented at the IPSERA Annual Conference 2016.

Information about UK Oil and Gas Supply Chain Behaviours: An Industry Perspective

This paper compares the perceived supply chain behaviours exhibited within the UK Oil and Gas industry in 2002 when the global Oil Price was at $14 per barrel, with the findings from the same questions being asked in 2015 as the industry faces a similar crisis, to see if attitudes and behaviours have changed for the better, got worse, or remained the same. The findings indicate that whilst the recognition of the need for a different approach to contracting within the industry is clear, more needs to be done to engage the external supply in identifying and implementing value creation and cost efficiency initiatives.

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