Helping North Sea operators achieve high performance
Helping North Sea operators achieve high performance
Helping North Sea operators achieve high performance
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Contract management and procurement<br />
Objective: To manage and reduce third-party supply costs, which have remained consistently <strong>high</strong>.<br />
Effective contract and supplier<br />
management is crucial for improving<br />
cash flow and reducing total cost<br />
of ownership. As companies strive<br />
to realise these benefits, they are<br />
being helped by falling input costs<br />
and reduced demand. Companies can<br />
take this opportunity to strengthen<br />
a procurement function’s ability and<br />
press suppliers for lower rates.<br />
Accenture can help you capture the<br />
full benefits of falling supplier rates<br />
while simultaneously positioning your<br />
business for long-term growth. Our<br />
High Performance Business research<br />
shows that <strong>high</strong> performers act rapidly<br />
to capture cost reductions, and then<br />
quickly shift their focus to operational<br />
and structural changes for the<br />
anticipated upturn. 1<br />
12<br />
We use a proven four-tier approach to<br />
help assess and capture deflation in<br />
the upstream supply chain (see Figure<br />
9). Our approach helps you to <strong>achieve</strong><br />
rapid improvements to the bottom<br />
line, while also creating opportunities<br />
for further contract optimisation and<br />
structural improvements.<br />
Did you know?<br />
The Accenture Energy industry group produces innovative<br />
thinking and cutting-edge research to help clients understand<br />
the energy industry landscape: what it looks like today, what<br />
the future will look like, and what they need to do to succeed.<br />
Recent thought leadership papers include:<br />
• The Changing Role of Mergers and Acquisitions in the Energy<br />
Industry<br />
• Developing Local Content Programs: Insights for Global<br />
Players to Achieve High Performance in Today’s Competitive<br />
Energy Landscape<br />
• The National Oil Company: Transforming the Competitive<br />
Landscape for Global Energy<br />
• The New CIO Agenda: Supporting High Performance in a<br />
Changing Energy Industry<br />
• Securing Your Talent Reserves: An Accenture Perspective on<br />
Building Strategic Talent Management Capabilities in the<br />
Energy Industry<br />
1. Accenture’s High Performance Business research is available at<br />
http://www.accenture.com/Global/High_Performance_Business/default.htm
Change language