Supply chain management concepts applied in the oil and gas industry – A review of literature

This study is a contribution to the body of knowledge regarding the use of SCM concepts in oil and gas industry. Future studies can use this as a reference to understand the existing SCM concept in this industry and base their empirical study the suitability and influence of these concepts on the efficient supply chain management in Oil & gas industry.
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Supply chain management concepts applied in the oil and gas industry – A review of literature 150Int. J Sup. Chain. Mgt Vol. 8, No. 1, February 2019 Supply Chain Management Concepts Applied in the Oil & Gas Industry – A review of literature Adel Alhosani *1, Shafie Mohamed Zabri 1, Fareed Aljaberi 1, Ali Almansoori1 * Faculty of Technology Management, Universiti Tun Hussein Onn Malaysia. 1amh486712@takreer.comAbstract: The recent trends in the oil & gas have well. A detailed study of the existing SCM modelsshown volatility in this market and the low oil prices was conducted to understand the basic conceptshas influenced this industry in a big way. The and common practices in the O&G domain. Thisresearchers and practitioners in this field have gives a basic understanding and knowledge of therealized the importance of efficient Supply Chain O&G SCM domain processes, activities andManagement (SCM) to have competitive edge in this concepts.industry. The dynamic nature of the supply as well asthe demand has contributed to the unique challengesin managing the supply chain in this sector. The main 2. Methodologyobjective of this study is to understand the application1. The study follows our previous work [1]. It usedof different SCM concepts in the Oil and Gas the systematic literature review approachindustry. The study involved the systematic literaturereview of the various articles published by prominent methodology to review and understand the differentresearchers in this field in reputed journals and SCM models used in the Oil & Gas industry. Thedatabases like Scopus, Web of Science (WOS). The methodology followed as this is one of the widelyfindings have identified 52 different models of SCM used method in the review papers[2]. The first stepwhich are used in the oil & gas industry. This study is in the study was to search for the relevant papers ina contribution to the body of knowledge regarding the this field. The literature review used the articlesuse of SCM concepts in oil and gas industry. Future published between the year 2007 to 2017, so that itstudies can use this as a reference to understand the covers for one decade. The widely referred dataexisting SCM concept in this industry and base their base like the Web of Science, Scopus, IEEEempirical study the suitability and influence of theseconcepts on the efficient supply chain management in Explore, Springer Links, and Science Direct wasOil & gas industry. referred to search for the relevant research article. The searching keywords were “Supply Chain”,Keywords: Supply Chain Management(SCM), “Supply Chain Management” and then the resultsLiterature Review, Oil & Gas Industry were refined by “O&G” term. This produced total of 90430 articles from whole databases. In this1. Introduction: study the research articles and conference papers The Oil and gas (O&G) companies are considered while other type of documents wasoperate in special circumstances and situation excluded from the analysis. Therefore, 89 articleswhere they are dealing with continuous challenges were selected for this study that used differentboth in the supply as well as in demand. It affects practices. The detailed of the search protocols arethe whole supply chain management process. The summarized in Table 1.SCM of the O&G sector is thus more challenging .in the comparison of other organizations.Therefore, technically, the traditional techniquescannot be directly applied to the O&G sectors.Secondly, in the current prices where the price ofoil is it the lowest, it is better to re-evaluate theSCM practices to reduce this additional cost as______________________________________________________________International Journal of Supply Chain ManagementIJSCM, ISSN: 2050-7399 (Online), 2051-3771 (Print)Copyright © ExcelingTech Pub, UK (http://excelingtech.co.uk/) 151Int. J Sup. Chain. Mgt Vol. 8, No. 1, February 2019 Table 1: Systematic Review Protocols Database “Supply Chain”;” Supply Chain Management” and “O&G” Web of Science 13,130 Scopus 27,512 IEEE Explore 7981 Springer Links 25512 Science Direct 16295 After Removing Duplicate 1090 After removing Bo ...