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GFE Controls > P&SC > Flashcards

P&SC Flashcards

1
Q

What is S&OP?

A

Sales and Operational Planning

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2
Q

What are CROGs?

A

CROG = Country Regulatory Orientation Guide

  • Internal SLB guideline for countrys specific permit and licenses on chemical, lithium batteries, radiation, explosives.
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3
Q

What is the role of S&OP?

A

Sales and Operations Planning will align strategy, portfolio, sales and resouves.
It syncronizes all plannning activities accross all functions in the company.

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4
Q

What is distribution?

A

Logistics + Material Management

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5
Q

What is TMS?

A

Transport Management System
OTM = ERP + SAP

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6
Q

DSC or GOLD

A

From product center or 3rd party supplier - only NEW products

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7
Q

LCT = movement of pre-owned assets

A

Fixed material transfer
Fixed Transfer

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8
Q

What is important for Material Management?

A

Accuracy

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9
Q

What is the mission of SSO

A

The supply chain function delivers supply chain management by orchestrating the planning, sourcing, procuring and delivery processes. The end-to-end process, to optimize our supporting functions and leverage our size and global footprint.

Supply Chain has merged with OPRM, to integrate demand to deliver value stream and reduce cost of products and
service delivery

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10
Q

Guiding Principles of SSO

A
  • Align
  • Simplify - break silos, reduce duplication of process
  • Create Value - D2D integration catalyst to further reduce total cost of ownership and improve working capital
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11
Q

How is SSO organizational matrix?

A

1. HQ
CEO -> EVP Core -> VP P&SC (Gwenola Boyault)

2. BASIN
Basin President (Wallace) -> GU Managing Director (Rob Fox) -> Supply Chain Manager (Jana Ruas)
-> Procurement and Sourcing
-> Regulatory Compliance
-> Process Improvement
-> Distribution Manager
-> Facilities
Supply Chain Manager: Commom procurement and sourcing activities in the GU (indirect spent), import and export activities, domestic logistics and facilities management.
Procurement, distribution, compliance
Indirect spent = cross division costs core and non-core (IT, hse, hr).

3. DIVISION
Division president (Aparna) -> Tech VP (Simon) -> Division HQ P&SC Manager
Division President (Aparna) -> VP Division -> DGM (Tomas Filiponi)-> GU P&SC Manager (Abigail)
->Resources Manager
->M&S Coordinator
-> Resources Coordinator
-> Inventory Planner
-> Supplier Manager

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12
Q

Functions of HQ P&SC

A

HQ:
VP P&SC
1- TCC
2- S&OP (proper allocation of resources, portfolio alignment)
3- Supply chain services
4- Global procurement (1- Supplier performance> supplier contract performance; 2- sourcing; 3- category)
5- D2D value stream

Division HQ:
Division Tech delivery VP> Division P&SC
1- Division OCC P&SC (Basin level. delivery of assets in short term, support for Division GU P&SC, resource allocation and utilization across GU’s)
2- Division S&OP (sales and op planning)
3- Procurement
4- Supplier contracts
5- Division D2D (ensure demand and supply are aligned with each other, effective allocation of resources)
a. Resources delivery
b. Demand planner (strategic demand forecast, all resources (assets, inventory, M&S))
c. Category manager> supplier manager
Demand to deliver performance, global visibility for demand and supply, procurement strategy

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13
Q

What are P&SC functions on the Division

A

Division GU:
DGM> Division GU P&SC
1- Regulatory compliance
2- Supplier
3- Resource manager (Demand and supply plans are optimized across locations, cost effective sharing)> resource coordinator> resource assistant
4- Materials> materials supervisor> materials specialist + storekeeper
5- Division procurement lead

**Division GU P&SC manager **ensures the division has all the resources needed to execute the job or make a sale.
Works with GU SC to optimize PCPR, L&R, M&S and T&M lines
Owns division direct spend, rentals and inventory management
Planning and delivery of assets and M&S

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14
Q

P&SC Roles inside the GeoUnit (Basin)

A

**GU MD> GU Supply chain:
**
1- Materials (warehouse, inventory control) > materials supervisor> materials specialist + storekeeper
2- Sourcing leader> sourcing specialist (sourcing process, cheapest high-performance risk managed supply base)
3- Supplier (manages the relationship between the supplier)
4- Regulatory compliance (compliance with laws applicable to our business)
5- Logistics (movement of goods within GU for field ops)> import export manager + logistics supervisor
6- Facilities (operations and maintenance of facilities)

**GU Supply chain manager **is responsible for cross division procurement and supply chain activities.

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15
Q

What is the difference from Supply Chain Manager and Division Geounit P&SC Manager?

A

Supply Chain Manager (Basin, Jana) =
responsible for cross division procurment, sourcing, import/export, domestic logistics, facilities management and indirect spents (cross division core and non-core).

**Division GU P&SC Manager (Abigail)= **
ensures the division has all the resouces needed to execute the job or make a sale.
Direct spent, rentals and inventory management.

Both SC Manager and Division P&SC Manager work together to optimize PCPR, L&R, M&S and T&M lines

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16
Q

What are supply chain service center?

A

There are 4 supply chain service centers:
Kuala Lamput

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17
Q

What are CS?

A

Customer Service.
Focus on M&S, financial inventory and assets order
P2P, on-time delivery, total lead time, timely GR

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18
Q

What are PSC?

A

Purchase Service Centers.
4 PSC: Kuala Lamput, Bogota, Tyumen, Bucharest.

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19
Q

What is LCT?

A

Logistics Control Tower
Coordinates logistics shipments (field to field movement) of FMT and FAT procceses.
3 Global LCT: KL, Bogota and Bucharest. KSA and Russia.
A

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20
Q

What are DSC?

A

DSC = Distribution Service Center
A hub for the flow of materials from suppliers to operations.
4 main: Dubai, Rotterdam, Houston, Signapore.

Used as storage locations for centralized stock.

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21
Q

What is GOLD?

A

Global Oilfield Logistics and Distribution.
A business process and system that organize, coordinate and control the logistics and distribution to all equipment, materials and supplies needed by our OFS entities.

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22
Q

What are GPS?

A

GPS = Global Procurement Support Center.
Link between sourcing and purchasing (sourcing strategies, new catalogs analysys, vendor master data).

23
Q

How does supply chain add value to the organization?

A
  1. Anticipate and Plan for Demand
  2. Acquire and Operate at the lowest total cost
  3. Deliver goods and services effectively and efficiently
24
Q

What are the basic roles of Supply Chain Function?

A
  1. Sourcing to contract - Overseeing sourcing process to deliver service.
  2. Supplier Management - Relationship with supplier groups locally
  3. Materials Management - Warehouse of Materials + material movement
  4. Logistic Management - Domestic movement of material + custom compliance from import/export
  5. Facilities Management - Managing local construction projects and repais
25
Q

What are the KEY metrics?

A

Overhead, leasing costs, compensation, transportation, inventory excess.

Sourcing - bidding time, cost reduction, supplier lead time reduction
Materials - DSOH (days stock on hands), Total stock value agains target stock
Procurement - requisition rejection rate, cycle time from requisition to acknowledgment.
Category - cost reduction, supplier lead time, product or service quality

26
Q

What is FP-24?

A

Business ethics policy, anticorruption, financial reporting
- To ensure compliance with the blue print code of conduct for ethical business interactions, financial reporting and anti-corruption
- Ensure books, accounts and records reflect the transactions of the assets

27
Q

What are the 5 KFP?

A

1- Source to contract
Supply strategy through sourcing plans, sourcing activities, supplier management and contract execution
- Manage Category strategy
- Manage sourcing & supply base plan
- Manage sourcing project (global commodity & high impact/ Geounit managed)
- Manage suppliers (Centralized/ non centralized)
- Manage supplier contract

2- Purchase to pay
Execute purchasing requirements through PO management, supplier collaboration (includes supply expediting), and accounts payable processes
- Manage purchasing request
- Manage PO
- Manage payable account

3- Warehouse management
Manage warehouse operations from the GR to picking and packing of parts for a job or transfer (include physical financial inventory count)
- Manage inbound processing
- Manage warehouse operations
- Manage material transfer
- Manager outbound processing
- Track inventory accuracy

4- Logistics management
Planning and executing the transportation of goods between 2 locations (international and domestic)
- Plan and tender freight
- Execute freight
- Cost and settle freight
- Maintain freight master data

5- Facility management
Manage facility operation, strategy, design and construction
- Manage facility strategy
- Manage real estate (acquisition and disposal)
- Manage facility design and construction
- Operate facility

28
Q

Explain the Procure to Pay (P2P) process flow from Request to Deliver of the goods or Services

A

Refer to procure to pay standard for 4 steps (Planning, Requisitioning, PO management, payment)

Procurement procedure:
Demand>
create requisition and obtain approval>
create PO>
manage PO>
receive goods (GR)>
process payment if satisfactory (three way match- invoice, GR, payment)

GR (confirm received a per specs, quality, quantity, price and terms) is mandatory step for payment
Payment.
The Supplier shall send an invoice to the ** Accounts Payable ** department.
The invoice received shall be processed by the Accounts Payable Accountant in the Accounts Payable System.

29
Q

Describe Category Management

A

Long-term supply strategy for a category of spend, based on business objectives, stakeholder requirements, and expected demand as well as for total cost of ownership.

1- Identify key stakeholders (for business req., specs, risks about the category)
2- Demand and spend analysis (historical and forecasted data to understand the nature and usage of the product/service, monitoring demand variability, opp. for cost reduction, )
3- Define needs and internal constraints analysis (which impact quant. of capable suppliers, more complex req, less suppliers)
4- Supplier market and external risk analysis (to anticipate market changes, supply/demand trends)
5- Evaluate current situation (financial impact, cost drivers, trends etc.)
6- Future strategic sourcing positioning and category plan preparation (preferred supplier list)
7- Category plan implementation (and KPI’s)
8- Review and validate with stakeholders
9- Implement category plan
10- Monitor progress

30
Q

Describe the Sourcing Process and Steps.

A

It is the process of contracting global suppliers for products or services that are align with the company’s policies and given at a competitive price from market analysis.

The objective is to develop a sourcing plan for sourcing specialists to make contracting decisions by assessing the supplier capabilities and initiating a bidding process.

Requirements – <2.5K (No Bid) ; 2.5K-5K (3 Quotes) ; 5K-100K (3 Quotes in RFQ) ; >100K (3 Bids)

  1. Develop sourcing plan
  2. Start sourcing project
  3. Identify and quantify suppliers
  4. Bidding
  5. Select supplier
  6. Product and service qualification
  7. Supplier onboarding
  8. Contrat
31
Q

Describe the Supplier Management Process and Steps

A

It is the process of managing the global supplier base to ensure that they deliver defect free products on time at the most competitive price available to the company. It also ensures that the supplier engaged and always improving.

The objective is to develop a framework for supplier management to profile and assess suppliers based on specific metrics, then create a development plan which increases engagement of the supplier thus allowing for contract updating.

  1. Communication Plan
  2. Profiling and assessment
  3. Monitoring
  4. Target setting
  5. Development plan
  6. Engagement
  7. Contract Update
  8. Cycle Restart
32
Q

Explain the Charter for the Distribution Service Center (DSC)?

A

DSC manages the Logistics flows of new products delivery from external or internal suppliers to our field locations.
DSC also stocks certain high runner and critical items based on Planning requirements.
The GOLD model was set up in 2002 as a cross dock with consolidation hub and evolved into the present DSC model, including stocking of frequently ordered or critical products.
The logistics network is a “hub- and-spoke” model facilitating both hub 1 direct to field and hub 1 to hub 2 and then direct to field movements. Suppliers are geographically linked to the nearest area hub

33
Q

How P&SC impacts on the P&L?

A

Lease and rent
Material and Supply - fuels, parts, spares, services
Office and Camp
Travel and Entertainment
Transportation and Mobilization - customs, freight, rent
Product Cost

34
Q

What is the difference from M&S and Inventory?

A

M&S: expensed to PL once GR. Ex: O-rings.
Inventory: expensed on the PL one consumed or sold. Before it is on the balance sheet. Ex: lithium battery.

35
Q

Inventory Planning Cycle

A

Cycle is process of understanding, planning and managing inventory levels, accurate ordering of required item based on demand.
Forecasting based on expected activity, it is important to take into account the inventory used in previous quarters. The goal is to be able to meet demand without having an excess supply.

36
Q

What impacts Inventory Accuracy?

A
  • Effective stock control
  • Physical count accuracy
  • Wrong Field Input for consumption Quantities
  • Inventory sent to field and was supposed to be consumed without FTL (?)and warehouse team was not notified
  • Improper communication for Misrun or Failed Job Quantities to the warehouse
  • Rig to Rig movement without informing warehouse team
  • Wrong backload Quantities
  • Delay in Raising FTLs for New Technology- TTR Jobs
37
Q

What value does Supplier Management Bring?

A

All suppliers of products and services shall be actively managed to ensure that clear expectations are set by Schlumberger in terms of quality, cost and delivery.

38
Q

What is the difference between the division P&C team and the GU supply chain team

A

The Division P&C team are overlooking the divisions specific needs from parts to tools to support the ongoing operation

GU supply chain team (Jana) where they support with providing and approving suppliers, taking care of the external imports and license, and also managing the facilities.

39
Q

What is DPO?

A

Day Payment Outstading.

40
Q

What is DSC?

A
  • DSC - Distribution Service Center
  • Facilitates large movements of stock from sourced regions to vairous parts of the world.
  • They reduce the cost by consolidating shipping and also keeping a working inventory.
  • 4 hubs: Houston, Rotterdam, Dubai, Singapore.
  • KPOs: Inventory Accuracy.
41
Q

What is GOLD?

A
  • GOLD = Global Oilfield Logistics and Distribution
  • A system that organizes the logistics of distribution of equipment, materials and supplies via the hub.
  • Only for new equipment.
  • Buys from supplier and sells to field locations.
  • All international orders placed at vendors who are not in the same country as the requesting field location.
  • Same hubs as DSC: Houston, Singapore, Dubai and Rotterdam.
  • KPO = Inventory Accuracy.
42
Q

What is PSC?

A
  • PSC = Procurement Service Center
  • Assistis with purchasing if an item is not catalogued (non-stock).
  • Procurement will search the market for the item and facilitate the procurement.
  • Located in Bogota, Bucharest, Houston and KL.
  • KPO = Buying guide compliance and Total Lead Time.
43
Q

What is MCT?

A
  • MCT = Materials Control Tower
  • Centralised controls of materials, facilitate replenishments and keep track of stock levels.
  • The aim is to standardise the process through improved visibility and consistency.
  • KPO = TLT
44
Q

What is LCT?

A
  • LCT = Logistics Control Tower
  • Responsible for international movement of stock or non-stock items.
  • Locations: Bogota, Bucharest, Tyumen and KL.
  • KPO: $/kg, logistics spend as % of revenue.
45
Q

What is GSC?

A
  • GSC = Global Sourcing Center
  • Provide expertise and support with sourcing for large projects.
  • Location: Houston, Bogota, Bucharest, Dubai, EM centers.
  • KPO = Suplier inflation
46
Q

What is GPS?

A
  • GPS = Global Procurement Service
  • Facilitate transactions, PIRs, update supplier records, lists and catalogues.
  • KPO = Catalogue coverage.
47
Q

What is S4S?

A
  • S4S = Sourcing for Sales
  • Apllication whcih allows to view the scope of upcoming work and begin advanced planning. Ensure prices entered int he nteders are correct so we don`t lose any money due to inflation.
  • Hubs have S4S managers who support sales team.
  • KPO = Opportunity win ratio.
48
Q

KPOs mentioned on webcast

A
  1. Inflation
  2. Savings and avoidance
  3. Spend Coverage
  4. DIO - Days Inventory Outsdanding: how fast we use our inventory
  5. PO Acknowledgment
  6. AP Past due
  7. GOLD Inventory
  8. Total Lead Time
49
Q

What is the 3-way check?

A

PO – GR – Invoice

PO : Supplier must be setup correctly (legal entity and bank details)
Catalogue must be created and uptodate.
PO Approval

GR : needs to be timely
Non-PO: Timely is key

Invoice: supplier complies with the invoice. All details need to match with the original order (SKU, Legal entity, quantities, material)

It mitigates:
Payment for invoices of items not yet received
Late payment and penalties
Duplicate payments
Unauthorized, unapproved or fraudulent purchases.

50
Q

What are the main reasons why PSC was formed?

A
  1. Cost control
  2. Standardization
  3. Compliance
51
Q

What are sub-funcions witin PSC in EUR

A
  1. Procurement and sourcing
  2. Facilities
  3. Distribution
  4. TCC/Regulations
52
Q

Give 2 KPO for each sub-function

A
  1. Procurement and sourcing:
  2. Facilities:
  3. Distribution:
  4. TCC/Regulations:
53
Q
A

GFE Controls (5 decks)

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