Objective and Actionable Insights!
Does your organization reliably provide the right materials to the right execution teams at the right time at the right cost?
Is there a clear, regularly reviewed, actionable measure (or measures) in place to determine your organization's Material Management performance?
Is there a centrally managed and cross-functionally executed portfolio of initiatives to analyze and improve the current material management performance based on regular feedback and analysis ?
If you answered ‘no’ or ‘not sure’ to the above three questions, your organization is in good company.
We see an increasing trend of organizations in the energy industry struggling with increasing the efficiency of their material supply chains. Many attempt to ‘tech’ their way out of their current quagmire, but without the basics in place, the returns on investments from technology in the supply chain space are rarely maximized, and that includes any AI solutions.
“Supply-chain uncertainty is a major headache for many sectors across the world. For oil and gas companies, volatile costs and labor and material-supply uncertainties threaten everything from field operations to project delivery”
- McKinsey
At the Productivity Lab, we’ll conduct a tailored Health Check, typically using structured interviews, data analysis, process and governance mapping and observation studies. Depending on the complexity of the scope, the Health Check is done either fully on client sites or using a hybrid model.
From demand signals to return logistics, our Health Check will tell your organization where it hurts, and ensure major areas of vulnerability, uncertainty, complexity and ambiguity (VUCA) are captured, along with challenges in end-to-end performance management, supply chain visibility and organization structure(s).
The main outputs of the Health Check other than the analysis summary itself, are the prioritized improvement opportunities with its corresponding impact matrix, backed up with qualitative and quantitative analysis clearly showing your organization the improvement opportunities in Material Management, as pertaining to risk management, service levels provided and Free Cash Flow (FCF).