All businesses need inputs in order to be able to operate. These might be physical inputs, such as raw materials, like engine components for a car manufacturer. They may also be service-based, such as specialist engineering consultancy when trailing new technology or distribution services for a high street retailer. It is vital that inputs not only meet the required and reliability standards, but also those they are competitively priced.
Supply chain management is a set of approaches utilized to efficiently integrate suppliers, manufactures, warehouses and stores, so that merchandise is produced and distributed at the right quantities, to the right locations and at the right time, in order to minimize system wide costs while satisfying service level requirements.
For the oil and gas industry with its high levels of risk, the Chartered Institute of Purchasing & Supply (CIPS) is providing training to improve the efficiency and effectiveness of purchasing and supply. OPITO, the focal point for skills, learning and development in the oil and gas industry, undertook a labour market survey of the industry which identified a sector wide skills shortage. Oil & Gas UK then undertook a supply chain specialist for the oil and gas industry.
The responsibility of an organization, the impact of its decisions and activities on society and the environment, resulting in transparent and ethical behavior which:
Contributes to sustainable development, health and well-being of society.
Takes into account the expectations of stakeholders;
Upholds the law in force and is in line with the international standards of behavior;
It integrated into the organization as a whole and implemented in its relationships.
All types of organizations, whether businesses, non-governmental organizations or public institutions, operate within a chain in order to fulfill their mission. All products and services are purchased for the provision of other products...