OFS Portal is in a unique position within the industry to view best practices and lessons learned across the entire “requisition to pay” process. This viewpoint allows OFS Portal to identify common challenges and opportunities in e-enablement that exist between and across trading partners in the upstream oil and gas industry. By facing these challenges and opportunities, OFS Portal has developed or viewed best practices for e-commerce that benefit all participants in the upstream oil and gas industry. Over time, these efforts have delivered significant cost savings to the entire upstream oil and gas ecosystem.
The upstream oil and gas e-Business arena views OFS Portal as a leader and trusted advisor. Its services have been delivered to suppliers and operators alike, both in the U.S. and globally, and it will continue to work to streamline enterprise B2B integration.
OFS Portal respects the confidentiality of its members’ and their trading partners’ transactional information and other proprietary processes or data. OFS Portal only shares non-confidential lessons learned regarding the process of B2B integration and e-enablement in the interest of reducing costs and increasing efficiency for all of the Upstream Industry.
To facilitate adoption and improve trading partners’ B2B experience, OFS Portal provides the following material for your use.
· eEnable Your Supply Chain –
o As in introduction, this paper answers several critical questions such as:
§ What is E‐Commerce in Upstream Oil & Gas?
§ How to get Business Process Efficiencies, Productivity Gains, Strategic Cost Effective Sourcing?
§ What the Formula for Success is to Implementing E‐Commerce in Upstream Oil & Gas
· White Paper addressing eCommerce tools –
o Addresses toolset for Supplier Segmentation and multi-tiered approach can be more effective through faster on-boarding
o Using appropriate toolset
· PIDX Compliance –
o Provides a conformance framework and assessment. The assessment can help individual companies evaluate their own and their trading partners capabilities against PIDX’s objective, non-biased, measure.
· Electronic Document Exchange using AS2 –
o Using AS2 as a Trading Routing Protocol (TRP) will provide a cost effective alternative.
· Is Your Electronic Data Agreement Your Supply Chain's Weakest Link? –
o March 17, 2008 eCommerce Times article written by Industry legal expert on risk of losing control of sensitive procurement data
· Adoption of OFS Portal –
o Oct 2007 Technology Upstream Article explaining OFS Portal success
· Master Data Management –
o Importance to controlling MDM for efficient eBusiness
· Single Field Encryption for Securing eInvoices –
o This paper presents a solution that allows electronic invoices to be converted from one XML format to another while providing a method of determining authenticity and integrity of the electronic invoice.
· Segmenting your suppliers for effective ePurchasing -
o November 2007 Digital Energy Journal article
· Reduce Supplier eEnablement Costs –
o March 2008 Digital Energy Journal article addressing how to reduce your number of suppliers without impacting the quality of your purchasing