The recent decline in oil prices has begun to tame the spiraling cost increases of the oil and gas supply chain.
High oil prices, the proliferation of projects, and the scarcity of skilled resources and equipment have greatly increased the cost of oil field supplies and services. While the market pressure will naturally flow through to the supplier base, we believe that the most savvy oil companies have an opportunity to gain longer-term strategic advantage through their supplier relationships.
This point of view examines how operating models can adapt and companies can use this opportunity to truly reinvent.
