Oil and Gas Supply Chain Management Still Struggles But Has More To Offer Other Industries

While the energy sector still struggles along with it’s Supply Chain Management Team it may be prudent to look at what we have rather than what we don’t (ie jobs). Some of our contracts are among the most complex in the world. That fact alone makes our knowledge invaluable to other emerging industries. If truth the be told some of what we have done with our contracts would help to improve even our government’s contracting practices. If they had the wherewithal to ask for help we all might benefit from that knowledge. Oil and Gas Supply Chain Management Teams have been there and done that. They know what needs to be included to ensure the contract allows for renegotiation based on industry changes. They know that every agreement needs an exit strategy. Something it would appear is an unknown concept at the government level. Having said that most energy sector supply management teams while not lawyers know the implication of each article in the Terms and Conditions. Most seasoned SCM practitioners take the lead on agreements. They respectfully use the lawyer’s expertise to craft the necessary wording. The wording that reflects in legal terms the articles needed to protect the organization’s interest. The legal department supports the SCM effort, it doesn’t lead the way. The key element here is “seasoned” SCM personnel many of whom are the first to be let go in hard times. The knowledge they process will be hard to come by as the industry attempts to

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