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By James Greey In a previous article, we discussed ways for Midstream Companies to increase margins by focusing on reducing operating expenses related to inefficient maintenance programs. This article discusses another key contributor to margin erosion, ineffective Supply Chain Management. For midstream oil and gas companies, Supply Chain Management can be broken down into two… read more →
From day-to-day function to strategic competitive advantage 1. Introduction & the Early Days The term “supply chain management” was first introduced in 1982 by Keith Oliver, then a consultant at Booz Allen Hamilton. However, the concept of supply chain, as well as its major components, like procurement, logistics and warehousing, was known in management long before…. read more →
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