AMEC Paragon's Supply Chain

942 Words2 Pages
bulb-icon

Recommended: Overview of oil & gas industry

AMEC Paragon's Supply Chain Effective supply chain management can be described as the efficient utilization of methods and processes that integrate manufacturers, suppliers, and distribution channels in a way that delivers product and/or services at the right time, in the right quantities, and at the needed location to minimize costs and maximize profit and customer satisfaction (Simchi-Levi, Kaminsky, & Simchi-Levi, 2005). AMEC Paragon believes this is essential to the well being of the solutions provider and makes it part of our mission statement (http://www.amec.com/sustainability/2ndlevel.asp?pageid=9006). AMEC Paragon is an engineering manager, designer, constructor, and installer of offshore oil and gas platforms, worldwide. This is accomplished by using the client's ideas and expectations and gathering manufacturers, suppliers, and fabricators to create an oil or gas production platform and the product distribution system to its final destination. The beginning of each new project requires that AMEC Paragon prepare a service and product distribution network that will deliver what the customer has specified, to the correct location, and in a timely manner. Client specifications enable AMEC Paragon personnel to begin the first of many steps involved in project completion. These specifications help develop the process necessary to identify vendors that will be able to manufacture or supply the many components necessary to construct a multi-million dollar platform. Pumps and piping will be required to bring the oil or gas up from the ocean floor. Steel structures of many types must be assembled together to support the many vessels and tanks required to process the product. Electrical machinery of all types will be used to move the product around from one tank to another. Final assembly of these components are done by more than a thousand craftsman and professionals from a wide range of engineering and construction disciplines. Once assembled and tested, the platform will begin the final check-out phase to determine if oil or gas can start flowing and enter process steps that will deliver product to the customer.

Show More
Related

  • Analysis Of Apple's Supply Chain

    1021 Words  | 3 Pages

    On many occasions, Apple Inc. has been voted to boast the most efficient supply chain in the world. By leveraging wealth and pure business strength, Apple has been able to construct a supply chain that is both efficient and highly profitable. While much of this supply chain construction has come from great investing and business decisions by Steve Jobs and Tim Cook, it has come at the cost of many factory workers’ well being overseas. Overall, the construction of the highly organized supply chain has given Apple a competitive advantage over the rest of the market.

    Read More

  • Supply Chain Management at Gulf Stream

    1345 Words  | 3 Pages

    Gulfstream Aerospace is one of leading corporate jet manufacturers in the world. They have been building jets since the late 50’s and continue to create top of the line aircraft which have become the status symbol of success. With their success comes an extensive company infrastructure and supply chain. First, we will discuss how Gulfstream uses the location to maximize the effectiveness of its supply chain. Then we will look at the business case for Gulfstream’s approach to its supply chain, and in particular, does it make sense to have a car follow supplies while it is on the rail system. Finally, we will look at Gulfstream’s to the “just in time” manufacturing and its strategic approach to choosing locations.

    Read More

  • Supply Chain Verizon

    611 Words  | 2 Pages

    Verizon is predominantly a cellular service provider; however, they are involved in many more industries like search engines, news outlet, and emails with the acquisitions Yahoo and AOL. Thus, the supply chain Verizon utilizes involves many inputs were there are always many choices, because of the high rivalry and cost cutting demands from consumers. According to Verizon, “Verizon is a charter member of the Billion Dollar Roundtable, a coalition of corporations that spend more than $1 billion each year with diverse suppliers.” (www.verizon.com/about/our-company/supplier-diversity). The primary supplier for Verizon would be their phone providers, which include Apple, Google Android phones, Microsoft, Blackberry, etc. The

    Read More

  • chrysler

    750 Words  | 2 Pages

    Chrysler and out of house contractors have offered conversions and adaptations to the basic vehicle, such as fire engines, excavators, hydraulic platforms, and four wheel drive versions, as well as one of special builds including amphibious Chrysler and vehicles fitted with automobile instead...

    Read More

  • Strategic Audit of Harley Davidson

    1883 Words  | 4 Pages

    The 2,100 square meter engine assembly area of the factory is capable of building the liquid cooled V-Twin for the V-Rod in approximately 2 hours from 370 components. Each of the 10 individual workstations takes approximately 7.5 minutes to complete its task. Building the engines onsite permits the firm to save on transportation costs of having the engines built at one location and shipped to another and decreases the carrying costs of inventory by using Just-In-Time production.

    Read More

  • BP crisis

    966 Words  | 2 Pages

    BP’s “Gulf of Mexico Restoration” website, uses pictures of new employees to show BP’s dedication to creating more jobs and ensuring the safety in the company. In “back to work in the Gulf of Mexico” page, BP provides a picture of its three rig workers who are working on a rig floor in the Gulf of Mexico. In the picture we can see workers focusing on building its new deep water oil and gas development. BP claims that the company created more than 2300 jobs in Gulf of Mexico and supported ten thousand additional jobs in the region. In another picture we can see an employee practicing with a Hi- tech simulator with the help of an instructor. The picture is conveys the message that the company is putting effort into providing training for its employees and implements surrounding new technology in order to avoid future damages. BP used these pictures to show the public that it trying to ensure safety in future by employing additional workers. By hiring new peo...

    Read More

  • Wings And Legs Supply Chain Case Study

    1621 Words  | 4 Pages

    Food industry can be chartered by low margin industry, while along with the shift of power from the manufacturer to the purchaser, the price and demand became flexible, and the product variety increased.

    Read More

  • Tesla Case Study Summary

    931 Words  | 2 Pages

    Explain how your proposed labor, equipment, and materials plan will support the new product introduction.

    Read More

  • BP Plc: A Struggling Company in 1909 to the 6th Largest Today

    2678 Words  | 6 Pages

    On April 20, 2011, an oil rig in the Gulf of Mexico exploded on British Petroleum’s (BP) Deepwater Horizon. As a result, of the 126 BP crew members aboard, 11-15 were reported missing. Six days later, underwater robots reveal at least two leaks are dumping 1,000 barrels of oil into the Gulf per day. Consequently, this would become one of the worst oil spills in the history of the United States and perhaps the petroleum industry. This recent Oil Spill portrays one of many dilemmas BP has faced as it scrambles to expand and globalize itself as a transnational corporation in the world economy against other oil and gas companies. Although this disastrous event has affected BP negatively, the company has found a way to overcome it, while still becoming the 6th largest in the world; it continues to do this by offshoring, outsourcing, and merging with other oil and gas companies, three key strategies BP has been using since its establishment in 1909.

    Read More

  • Supply Chain Management Of Woolworths

    954 Words  | 2 Pages

    Supply chain management is basically refers to the fundamental supply chain analysis of the organization which predominantly describes functionalities from source to the delivery point. In this process of delivery, supply chain management framework divides in four categories: In Planning the products and suppliers evaluated and selected, Sourcing pull the information process including contracting, ordering and expediting, Moving is a physical process from suppliers to end user and Paying is the financial process including payment and performance measurement.

    Read More

  • Inspiring Career of Petroleum Engineering

    918 Words  | 2 Pages

    ‘ petroleum engineer: occupational outlook handbook: U.S. Bureau of Labor Statistics.’ U.S. Bureau of labor statistics. N.p., Web. 21 May 2014

    Read More

  • Swot Analysis Of Oil And Gas Industry

    1336 Words  | 3 Pages

    • Width: incorporates organizations that give gear, administrations, supplies and designing backing for configuration investigation, boring, refining and different operations

    Read More

  • FedEx and Operations Management

    2118 Words  | 5 Pages

    As a solution for these issues, ensuring the shipments meet the daily cut-off schedule. Customers are to be informed proactively if there are any flight delays so that customers can give further instructions or they can make other arrangements. For customs issues, customers are to be educated of the different countries customs requirements and to notify customs delay.

    Read More

  • Essay On Supply Chain Management

    2043 Words  | 5 Pages

    • While making a methodology is challenging, executing it is considerably more troublesome. Numerous organizations comprehend Toyota Production System now, yet at the same time think that it is troublesome to execute and implement.

    Read More

  • The Benefits Of Supply Chain

    955 Words  | 2 Pages

    A supply chain is a network of facilities that procure raw materials, transform them into intermediate goods and then final products, and deliver the products to customers through a distribution system [1]. The basic objective of supply chain is to “optimize performance of the chain to add as much value as possible for the least cost possible.

    Read More

More about AMEC Paragon's Supply Chain

Open Document