vendor management
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2021 ◽  
Author(s):  
Rachelle Cornwall ◽  
Deepak Tripathi ◽  
Sandeep Soni ◽  
Jose Isambertt

Abstract Integrated model projects underscore an organizations ability to fully enhance efficiency and unlock production potential. This paper provides a change management framework for key knowledge areas of an IAM implementation, in a giant onshore field to ensure these projects maintain an organizational and operational continuity toward improving production surveillance and optimization. Benefits of linking subsurface performance to surface facilities delivered use cases possible through a well-defined organizational structure and vendor management techniques post deployment. Leveraging project implementation guidelines, working sessions for project sustainability captured all activities required to assure project continuity with maximum utilization. Processes for construction, calibration and network updates were outlined in the organizations new RACI and supported by well-defined quick reference user guides. Decision workflows for validation of pressure and rate data underpinned the value creation through the IAM. Knowledge sharing sessions were linked to a competency development plan for performance audits as IAM activities became routed in routine work. A guided on-site support with vendor as well as the establishment of a support portal ensured time-bound issue resolutions. A large IAM project implementation, involving stakeholders from multiple disciplines and teams, offers unique challenges such as resource-allocation, schedule-optimization, communication-mechanism-identification, change-management, project-document-configuration management, and vendor-management. The innovative user-reference-guide optimized time and enhanced efficiency of the engineers by more than 30%. Standardized process aligned to integrated reservoir management principles reduced the extent of variability in analyses, underscoring continuity of work. Improved data and model quality enhanced the unit's ability to support production evaluations in field operations. In the areas of cost-optimization and process improvements, the project has generated more than 10 value-cases. The project management approach discussed here facilitated the tasks of the newly formed production optimization team. Standardized engineering processes and well-defined tasks support major business objectives, such as well-health optimization, process-standardization, and talent-development. Clearly defined roles and accountabilities assisted the smooth transition and change-management, adopting a new way of working. For example, technical rate determination through the IAM is standardized. Support utilities established for the project are easily accessed with a version-control system for all engineers. In conclusion, the Production Optimization team's core ability to unlock hidden production potential has significantly improved. Integrated asset models are driving the decision-making process for field development and operation teams. This paper summarizes the lesson learnt over three years and provides a concept-skeleton that can be successfully replicated for other projects.


Author(s):  
Denis Ushakov ◽  
Khodor Shatila

Inventory is a significant aspect in administration of items and services or other commodities that are kept in storage by companies and organizations. The research deals with four research variables which are vendor management inventory, lean practices, inventory management and strategic supplier management in their relation to the performance of retail companies. The research is based on the use of the mixed study approach, which aims at defining the effects of inventory control on cost reduction and operational performance of retail firms in Lebanon. The research addressed 123 respondents from the two companies. Also, the researcher has carried out six interviews with three managers from each of these two companies. The data was collected using Google forms, and then analyzed using SPSS. Descriptive analysis, inferential statistics and normality distributions were used to analyze the collected data, and the research has found a direct relationship between vendor inventory management, inventory stock taking, lean practices and strategic supplier relationships and the operational performance of the companies in question. The research recommended three new models to be implemented in further studies, and these models include the independent variables as a dependent variable.  


2021 ◽  
Vol 23 (2) ◽  
pp. 201-211
Author(s):  
Murtanti Jani Rahayu ◽  
Septyani Widyastuti

As a developing country, Indonesia has a huge number of street vendors. Because of that, the existence of street vendors needs a special attention. This special attention is needed because streer vendors mostly occupy city's public spaces. Street vendor management in Indonesia's cities is based on the regulations that was made by each regional government which is pointing to Indonesia's higher level of regulation. Each regional regulation has their own unique characteristics. Jakarta, Bandung, and Surabaya are big cities that have street vendor problems that also have street vendor management regulations. From those three cities, the advantages and disadvantages of their regulation's contents will be revealed, enriched by information digging and research results. From the regulation side, those three cities showed their concern about regulations regarding street vendors. The forms of restructuring that has been done are relocation and stabilization. Those three cities are also supported by private sector regarding street vendor management. Street vendor management has a vital contribution towards regional economical growth and street vendor's income growth. These positive impacts increases the efficiency of city space management, so the city itself will look tidy, beautiful, and not congested, but street vendors are still poppimg out in restricted areas and old spaces, if the new managed locations are far from the crowds, the impact will decrease street vendor's income


2021 ◽  
Vol 29 (3) ◽  
pp. 1-25
Author(s):  
H. Y. Lam ◽  
Y. P. Tsang ◽  
C. H. Wu ◽  
C. Y. Chan

Recently, global e-commerce businesses have been blooming due to the convenience they offer, their product range, and the individualized products and services they offer. To maintain an entire ecosystem, effective platform-vendor relationships should be considered, through which e-commerce platforms can provide collaborative packages to vendors. E-vendor relationship management (eVRM) should then be developed to identify, attract, retain, and develop existing and new vendors so that groups of loyal vendors can be managed. However, eVRM in e-commerce is an area that has received less attention. This paper proposes an adaptive e-vendor relationship-management system (AVRMS) to provide decision-making support for the formulation of vendor management strategies. The contribution of this study is that it addresses the missing link of platform-vendor relationship management in global e-commerce environments, while integrating data-driven approaches and artificial intelligence techniques to generate a new synergy for the facilitation of eVRM.


2021 ◽  
Vol 4 (2) ◽  
pp. 75
Author(s):  
Pratika Riris Putrianti

<p>The impact of Covid-19 on the implementation of construction services includes budget cuts, delays in project completion, increased implementation costs, potential for construction disputes. In the era of "New Normal”, it is done with the condition that Covid-19 transmission has been controlled by Public Health and the capacity of the health system is able to identify, isolate, test, track contracts and quarantine. In the era of "New Normal" reduce the risk of outbreaks by strict regulation of places that have high vulnerability, prevention at work is implemented, the risk of the spread of imported cased can be controlled, and people take part and be involved in the transition. The design of "New Normal" in terms of Construction can be said as "Construction Adaptation" in which the implementation of construction services that is safe, effective, and efficient to accelerate development while still implementing health protocols. The protocols that should be implemented include: procurement protocols based on online and minimizing face-to-face, work implementation protocols using masks and physical distancing and contract adjustment protocols with contract flexibility to accommodate field conditions. Construction survival strategies in the "New Normal" era, namely: digitizing by optimizing the use of Building Information Modeling (BIM), specialization with a focus on specific expertise, industrialization with modular and precast buildings increasing work productivity, building supply chains with vendor management system, adaptation by absorbing concepts new design and new innovation, trust communication.</p>


Author(s):  
A. Diakiv ◽  

The Internet has radically transformed access to and exchange of information, and it plays a fundamental role in today's society and economy. Yet it was difficult to imagine all the services offered today when the first tools necessary for its democratization were introduced thirty years ago. The blockchain, since the publication of the white paper of bitcoin as the first digital asset, has considerably broadened the range of its fields of application and its potential use cases in ten years; it could play, in different forms, a role comparable to that of the Internet in an area that the latter does not cover: trusted IT and legal transactions. Indeed, while the Internet is the privileged vehicle for the exchange of all digitized forms of information, it is not the guarantor, as a network infrastructure, of its uniqueness or its functioning. Blockchain technology has evolved from a niche subject to the hottest tech disruption buzzword, but there is still a lot of confusion about the subject. Without a clear understanding about what Blockchains are, their potential public sector potential impact is sometimes misunderstood or, more often, ignored. Questions related to their technical complexity, risk, security, and appropriateness often serve as obstacles to government officials’ ability to truly engage with this emerging technology. In this article, we consider the key features and types of blockchain technology and describe the potential use of blockchain technology in the public sector. In general, the blockchain can be used in the public sector to address the following tasks: authentication, traceability and uniqueness. We have identified ten potential directions of using blockchain technologies in public sector: self-sovereign identity, contract and vendor management, notarization, aid management, secure data sharing, financial services and banking, voting, verifiable diplomas and certificates, energy utilities, copyrights.


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