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ExxonMobil Developing and using local vendors for the supply of goods and services

ExxonMobil Supplier Development

How ExxonMobil, a one of largest oil and gas company developing a variety of capable local suppliers ?

By developing a variety of capable local suppliers, ExxonMobil able to nurture entrepreneurship and foster globally competitive businesses. ExxonMobil goal is to build and maintain a qualified, competitive and sustainable supply chain wherever we operate. In some of the more remote locations where ExxonMobil operate, local suppliers sometimes do not have the experience or capacity to provide competitive goods and services to support our business. ExxonMobil use a number of tools to overcome this challenge.
Illustration, Doc.

For example, in areas where ExxonMobil are growing ExxonMobil business, ExxonMobil conduct business process training covering topics such as health, safety and security; business ethics; costing and tendering; finance and credit; and international standards and codes. ExxonMobil look for opportunities to reach out to new suppliers either through membership in chambers of commerce or similar organizations, or through advertising. In some cases, ExxonMobil also advertise supplier requirements early in the contracting process in order to allow local suppliers sufficient time to prepare their bids. At ExxonMobil Sakhalin-1 project in Russia, Exxon Neftegas Limited (ENL), a subsidiary of ExxonMobil, has developed an effective program to increase participation of Russian companies. We use a systematic outreach program to inform Russian companies of the opportunities and project requirements in advance of when goods and services are required. The end result is a healthier and more competitive supply chain for the project, increased business opportunities for Russian companies and more jobs in the regional economy. Approximately $13.3 billion in contracts – two-thirds of the total contract value with third-party vendors – has been awarded to Russian companies or joint ventures from 1996 to 2013.
ExxonMobil Developing and using local vendors for the supply of goods and services Reviewed by Djoernalist on 2:20 PM Rating: 5

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