Developing and Executing a Drilling Rig Sourcing Strategy
Operations team were unhappy with the current contractual relationships and wanted help to redefine requirements and approach the market. This company turned to us to lead the sourcing program.
- Joint CPP/Client sourcing team set up to identify specifications, agree KPI’s, H&S and SLA requirements,
- Developed pricing strategy
- Supplier evaluation methodology
- Developed the RFP documents
- Supplier Negotiations
- Contract Award
- Sourcing approach
- Negotiation strategy
- Supplier selection with stakeholders and governance board
$10 million in savings over our previous contract, successfully approved, signed-off and ringfenced by finance.
Stakeholder feedback was very positive with increased awareness of procurements contribution in sourcing initiatives.