Case Study: KNPC
Kuwait National Petroleum Company (KNPC) manages one of the world’s largest oil complexes. The company is responsible for Kuwait’s entire domestic refining, gas liquefaction and petroleum goods distribution, and manages three refineries and 37 local petrol stations across the country. KNPC is a subsidiary of the state-owned Kuwait Petroleum Company (KPC), one of the world’s top ten oil conglomerates.
The challenge: As the country’s sole refinery, KNPC needs to continually operate at maximum capacity. Many aspects of the process are reliant on parts and services from external suppliers, and therefore any bottlenecks in the sourcing and procurement process can have a significant impact on output – and ultimately profitability.