TITLE:
How Global Supply Chain Management Is Disrupting Local Supply Chain Management Case of Oil and Gas Industry in UAE
AUTHORS:
Mounir El Khatib, Abdulaziz Al Hammadi, Azza Al Hamar, Karim Oraby, Mona Abdulaziz
KEYWORDS:
Supply Chain Management, Oil & Gas Sector, Management, Digital Transformation, Knowledge Management, Sustainability
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.12 No.5,
May
31,
2022
ABSTRACT: The development of modern business is highly
dependent on the factor of globalization,
which impacts both economic and social aspects of modern business
activity. In the context of globalization, modern businesses must be capable to
identify optimal formats of strategic development to satisfy the needs of key
stakeholders and preserve strong competitive positions. This study analyzed the
role of globalization in the aspect of modification of the supply chain
management (SCM) processes in modern organizations operating in the oil &
gas (O&G) sector. It was sensible to analyze a research problem about the
influence of the global SCM trends on the development of local SCM processes in
the oil & gas sector of different countries. For the realization of the
study objective, the qualitative research methodology was applied. A researcher
initially analyzed the findings of relevant and reliable academic literature sources to identify the existing
knowledge in the sphere of the study. Based
on an analysis of academic literature, relevant challenges and knowledge
gaps were identified. To address the stated gaps of the study, it was important
to perform a mixture of interview and case analysis. A semi-structured
interview format was applied to collect primary data from the respondents of
the study. Representatives of management of different O&G sector companies
were attracted to the study. For the aims of case analysis, a set of relevant
cases describing the process of local SCM transformation in the target industry
was considered. The findings of the study were analyzed using the thematic
analysis instrument. The outcomes of the study demonstrated the significant role of global trends for the
modernization of local SCM processes in the O&G sector. Specific
factors that were found to be vital included digitalization, sustainability,
and knowledge management. It was found that the O&G business cannot ignore
the requirements of the global trends if it aims to compete in the global
market and reach long-term development objectives.