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The Imperative for Procurement Digital Transformation: Oil and Gas

Agile procurement insights research by SAP in collaboration with Oxford Economics

Many oil and gas organizations struggle with managing their suppliers and external workforce. Safety and performance issues, poor visibility, and ongoing disruptions can significantly affect profitability and field operations. The disruption in 2020 served only to exacerbate these, and other, challenges.

We collaborated with Oxford Economics to survey 1,000 procurement and supply chain executives to understand Procurement’s influence on energy organizations, the current state of supplier collaboration, and the impact of technology and process digitization on the procurement function. The results are in, and they make for interest reading.

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