Question: here is the case study plz answer the question 1 Time Left:1:14:46 GURPREET MINHAS: Attempt 1 Case Study Offshore category management The aim of this

here is the case study plz answer the question 1
Time Left:1:14:46 GURPREET MINHAS: Attempt 1 Case Study Offshore category management The aim of this case is to outline categories and to explore what these categories mean for the contractors and their suppliers. The example used is based around a tier 2 sub-sea contractor looking to control risk within their supply chain. Contracting and procurement categories are used to ensure the appropriate sourcing process is implemented to satisfy the company's requirements. By allocating an appropriate category, the different risk profiles can be managed and mitigated to protect the contractor's interests as effectively as possible. The following are examples of the categories used by an oil and gas company to manage their sub-contractors. Provision of major services: Where a requirement consists of a complex scope of work, involving third- party personnel plus equipment it is classed as 'major services. In this case the Procurement team will liaise directly with the Contracts team to determine the correct course of action. Services in this category are bespoke and a subcontract will be negotiated with the proposed vendor(s)using the relevant template, or an existing frame agreement. Provision of minor services. Time Left:1:14:46 GURPREET MINHAS: Attempt 1 Case Study Offshore category management The aim of this case is to outline categories and to explore what these categories mean for the contractors and their suppliers. The example used is based around a tier 2 sub-sea contractor looking to control risk within their supply chain. Contracting and procurement categories are used to ensure the appropriate sourcing process is implemented to satisfy the company's requirements. By allocating an appropriate category, the different risk profiles can be managed and mitigated to protect the contractor's interests as effectively as possible. The following are examples of the categories used by an oil and gas company to manage their sub-contractors. Provision of major services: Where a requirement consists of a complex scope of work, involving third- party personnel plus equipment it is classed as 'major services. In this case the Procurement team will liaise directly with the Contracts team to determine the correct course of action. Services in this category are bespoke and a subcontract will be negotiated with the proposed vendor(s)using the relevant template, or an existing frame agreement. Provision of minor servicesStep by Step Solution
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