Success Story

Benchmarking competitors’ supply chain best practices in the Oil & Gas industry

Impact

0%

Procurement cost reduction and less dependency on international suppliers. by identifying two potential partner regional suppliers for high-pressure compressors and API-certified pumps

0%

Decrease in lead times for critical equipment deliveries ensuring smoother project timelines and reducing downtime risks.

Suggested a dual-sourcing strategy and regional warehousing, improving resilience against geopolitical and logistical disruptions.

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Client

Mid-sized refining and transportation operations solutions provider

Products

Rotating equipment (e.g., compressors, turbines, and pumps) for refining and transportation

Industries

Oil & Gas

target geo

Global

business objective

The client, a mid-sized company in the Oil & Gas sector, faced frequent supply chain disruptions in sourcing rotating equipment essential for refining and transportation operations.
With limited resources and a heavy reliance on international suppliers, the client sought to benchmark its supply chain strategies against industry peers, uncovering best practices to strengthen resilience and improve operational continuity.

Our solution

Supplier Network and Risk Assessment: Analyzed the client’s supplier network to identify dependencies, lead times, and performance reliability. Conducted a risk assessment incorporating geopolitical factors, material shortages, and shipping delays to pinpoint vulnerabilities and recommend mitigation measures.
Competitor Benchmarking and Strategy Insights: Evaluated competitors’ supply chain strategies, focusing on localized sourcing, multi-tier contracts, and contingency measures. Highlighted best practices such as predictive maintenance contracts, strategic spare parts inventories, and regional supplier partnerships to strengthen resilience.
Technology Integration and Scenario Analysis: Recommended the adoption of digital platforms for real-time supply chain tracking and predictive analytics. Simulated disruption scenarios to propose actionable strategies like regional warehousing and blockchain-based transparency systems.

Outcome

Identified two potential partner regional suppliers for high-pressure compressors and API-certified pumps, resulting in 12% procurement cost reduction and less dependency on international suppliers.
Decreased lead times for critical equipment deliveries by 11%, ensuring smoother project timelines and reducing downtime risks.
Suggested a dual-sourcing strategy and regional warehousing, improving resilience against geopolitical and logistical disruptions.