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Beyond cost controller: Redefining indirect procurement for strategic growth in Oil & Gas

16 Sep 2026 Economic Times admin

Oil & Gas procurement functions are going through a period of unprecedented change. Companies today face uncertain oil prices, regulatory shifts, geopolitical risks, and broken supply chains. This makes it difficult for many companies to source their supplies favourably. Adopting new technologies like AI and automation will reshape the industry by allowing companies to make better decisions with their suppliers at a quicker pace.

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