Supply chain initiatives to save North Sea £1bn

Changes in the way the North Sea supply chain operates could save the industry £1bn by 2002, according to the organisation set up to reduce the UK offshore industry’s costs. The Crine Network has identified a number of initiatives to achieve this goal, including an industry-wide `extranet’. Crine has devised what it terms `a structured […]

Changes in the way the North Sea supply chain operates could save the industry £1bn by 2002, according to the organisation set up to reduce the UK offshore industry’s costs.

The Crine Network has identified a number of initiatives to achieve this goal, including an industry-wide `extranet’.

Crine has devised what it terms `a structured methodology’ for identifying supply chain opportunities which it is offering to small companies for £100, and larger ones for £200.

The implementation of the supply chain initiative, however, may be left to the new government body that industry minister John Battle confirmed last month would succeed the present government taskforce on reducing North Sea costs.

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