What’s Your Procurement Predicament?

WHAT'S YOUR PROCUREMENT PREDICAMENT

Need To Make Some Changes?

OILFIELD HUB CAN HELP YOU GET YOUR S!*T TOGETHER

All companies in the oilfield industry, especially exploration and production companies, lack efficiency in the management of field expense processing which leads to unnecessary and escalating project costs.

You can’t afford to do things the way you used to:

What’s Your Procurement Predicament

To improve you need to move away from spreadsheets to a database management system and develop better management practices.

whats-your-procurement-predicament

Identify

Which vendors are left today?

whats-your-procurement-predicament

Documentation

All well documents are contained in one location for easy access and reference

whats-your-procurement-predicament

Master Vendor List

Create a master list of all your vendors that are qualified and appropriate for the entended service
What product/services do they provide?

whats-your-procurement-predicament

Daily Field Reporting

All vendor information is available during all phases of the operation while tracking daily costs

whats-your-procurement-predicament

Bids & Orders

Send electronically
Visible audit of all bid winners and reasons why

whats-your-procurement-predicament

Rate Performances

How well did each service provider perform?
Should they be used again?

whats-your-procurement-predicament

Rank Vendors:

Who is #1, #2, #3, etc., in each service category?

whats-your-procurement-predicament

Reduce Non-productive Time

Better information means better results

What’s Your Procurement Predicament?

Oilfield HUB is designed to assist E&P companies throughout the complete lifecycle and project management of their wells. Operations are streamlined and both AFE and G&A costs efficiencies are realized through the identification and optimization of vendor relationships, organization of field projects and centralization of supply chain activities for procurement of services, supplies and rentals.

What’s Your Procurement Predicament?

Dave O’Connor
Vice President – Sales
dave.oconnor@oilfieldhub.com
(403) 910-4172
OILFIELD HUB Inc.

What’s Your Procurement Predicament?

 

 

 

 

 

Originally published in the 

April 2017 Issue of Oilfield PULSE