There’s plenty of noise out there about the product supply chain in the oil and gas industry. Best practices, improvement strategies, and predicted trends fill search engine result pages with articles of speculation and ideas—and understandably so. The product supply chain in the oil and gas industry is complex. But in this industry, it’s not enough to focus on your product supply chain alone and expect results—especially in today’s industry climate. Professionals in oil and gas transportation and logistics have another thing to consider: the non-hydrocarbon supply chain.
Your product supply chain is made up of your actual product, the energy (like crude oil and natural gas) that must be transported from a particular location like a drill site to a destination. The non-hydrocarbon supply chain, however, isn’t about your product, but rather the equipment, services, and materials needed to operate the oil and gas projects in your business. Without the non-hydrocarbon supply chain, finding, extracting, and refining your oil and gas is impossible.
To optimize your non-hydrocarbon supply chain, consider the following:Read More