2012-11-28 06:56:35 - Volatile Oil & Gas market prices are pressurizing logistics operations in the Middle East.
The need arises to re-assess the trade-off strategy between performance and finances. Oil & Gas market expansion towards more drilling days forges a need to streamline upstream logistics. Fleet management,energy security and international trade lanes compliance need to be addressed towards true delivery time.
“The Logistics industry in Middle East is sitting on the cusp of the most trying times – how to even maintain current levels of service (leave alone improve performance!) in the wake of increased capacities being invested in! They will need to shore up efficiencies to a much higher level of the higher throughput from the region should economically and time-efficiently reach its customers across the globe!” Stated Sukumar Narasimhan, Senior VP Supply Chain, Reliance Industries, India.
Sukumar Narasimhan has joined the speaker panel at the 2nd Annual Oil and Gas Logistics Summit on 26 -27 March 2013 at Abu Dhabi.
Currently Sr. Vice President, Supply Chain with Reliance Industries Limited, India’s largest private sector enterprise, Sukumar has close to three decades of experience handling different segments of the supply chain both at the operational and strategic level in firms from diverse industry segments. He will address the attendees on 'Innovative strategies for sustained competitiveness in a commodities market'. During a pre summit interview about his presentation he stated, “In the ‘petrochemical’ space, it is essential to be continually competitive in order for mere survival. This requires a constant and consistent approach to Continuous Improvement and Innovation that spans not only at one company level, but through the entire value chain, comprising suppliers and customers. The underpinning theme of the presentation is to table this quintessential need for Constancy of Purpose for anyone engaged in petrochemical business.”
Amongst other speakers who will impart their expertise and knowledge at this summit, Farooq Al Ekri, Head of Contracts, Tatweer Petroleum will share his expert views on 'Collaboration of National Oil Companies for increased responsiveness and lower Inventory costs- from theory to reality'. Steven Killmer, Supply Chain Management Consultant, Saudi Aramco will address the audience on 'Supplier relationship management with upstream suppliers in the petrochemical industry' . Saleh A.Hassoubah, Contracts, Purchasing and Warehouse Manager, Saudi Aramco Mobil Refinery Co. Ltd . will advice on 'Identifying best practice in Contracts and Blanket agreements'.
Different case studies will be discussed at this summit. To name a few 'Managing supply chain processes in mergers and acquisitions' by Vinod Menon, Malaysia Area Procurement and sourcing Manager, Schlumberger and 'Decommissioning infrastructure and oil rig movement' presented by Musaddak A. Manna, Material Operations and Logistics Team Leader, Zakum Development Company (ZADCO).
2nd Annual Oil and Gas Logistics Summit is a two day long summit. It comprises of 21 sessions of logistics answers, 8 pro-active networking periods, 6 case studies focused to boost your operations and 4 interactive panel discussions.
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Key Words: Logistics, Supply Chain Management, Fleet management, Oil & Gas