With all players in the capital project supply chain tackling unprecedented challenges, Fluor is now offering its supply chain services expertise to external clients and stakeholders.
The engineering and construction contractor said that users would benefit from reduced total supply chain management costs and process efficiencies, which will drive savings through: reduced procurement and logistics process costs; improved schedules; price savings through benchmarking and data analytics; supplier quality and efficiencies; long-term stakeholder relationships; and tactical solutions to meet strategic objectives.
Disruptions resulting from recent events, such as the Covid-19 pandemic, have increased the demand for responsive, efficient and comprehensive supply chain services that can be deployed quickly to complement clients’ existing programmes and help them to maintain business continuity, said Fluor.
Supply chain disruption can strain the operational capabilities and financial performance of any organisation. The resilience of supply chains will likely be of utmost consideration for investors as the industry moves forward into the uncertain months and years ahead.
Raj Desai, senior vice president and chief commercial strategist at Fluor, said: “Fluor has been providing world-class supply chain services for decades and we’re pleased to offer them to help our clients and external stakeholders address the unique strategic challenges of the current global business environment. We believe these partnerships will go a long way in improving supply chain efficiencies across the industries Fluor serves.”
Commenting further, Varghese explained: “Since the launch of Fluor Supply Chain Services, there has been considerable interest from external stakeholders to support their modularisation optimisation studies, landed cost optimisation activities and training efforts. We expect that these services will pave the way to greater collaboration across multiple supply chains, vertically as well as horizontally, to help minimise wastage.”
Further details on the programme can be seen here.