Home | Paper | Why Oil and Gas (O&G) Companies Need a VMS: Visibility, Flexibility and Control
Spend Matters - Research Download

Why Oil and Gas (O&G) Companies Need a VMS: Visibility, Flexibility and Control

In the oil & gas (O&G) industry, extreme flexibility is more than an imperative — it is a necessity. Without it, operators and thousands of other firms that make up the industry could face reduced valuations or bankruptcy (as we are seeing now, with the price of crude oil dropping below $30 a barrel). As in other downturns, the industry has responded by drastically reducing operating cost structures and suspending many capital projects. Workforce is not only an enormous cost in O&G companies, it is also the most fungible. Download this paper to learn more about why a VMS is essential for industries like O&G.

To get your free copy of Why Oil and Gas (O&G) Companies Need a VMS: Visibility, Flexibility and Control, please complete the short form below. Members: Skip the form and log in to grab your free copy.

Spend Matters creates critical content for leaders in procurement and supply chain year-round.