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Murphy Oil Is Creating a More Fluid Value Chain by Optimizing Its Procurement Process

Murphy Oil, a petroleum and natural gas exploration company, recognized that in an industry constantly facing changing trends, there was an opportunity within its value chain to drive cost savings, improve vendor efficiency, and identify potential areas for automation within its procurement processes. To gain full transparency, identify the root cause of inefficiencies, and empower the organization to create change, Murphy Oil leverages process mining to better understand and gain insight into how the business truly operates. You will gain deeper understand of how Adam and Dave are driving change in their procurement process by utilizing the data-driven insights gained from process mining. Hear how they deployed process mining across SAP Ariba and SAP ECC to identify and prioritize the highest value drivers to streamline procurement processes. They will walk you through their decision-making process, the deployment and organizational strategy to roll out process mining, initiatives identified, and potential costs savings created from a full understanding of how the procurement process truly operates.

Key Business Benefits:

  • Gain full transparency, identify the root cause of inefficiencies, and empower the organization to create change.
  • Utilize data-driven insights to drive change within an organization.
  • Identify and prioritize the highest value drivers to streamline procurement processes.
Track 2: Operational Excellence
  • Adam Pryor
    Strategic Sourcing Team Lead, Murphy Oil Corporation
  • David Richardson
    Supply Chain Management Systems Support Analyst, Murphy Oil Corporation
  • Chris Hull
    Solution Specialist, Celonis

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