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RMC-06-81 A Global Contracting Strategy for Improving Productivity and Cost Management

Ruediger Schmidt, Vice President, Technical Site Services Americas, Bayer MaterialScience LLC, Dr. Thomas Birsztejn, Vice President, Technology Services, Contractor Management Bayer MaterialScience AG, Bob Harrell President, Management Controls, and Randy

Format:
Electronic (digital download/no shipping)

Associate Member, International Member, Petrochemical Member, Refining Member, Special/Temporary Member - $0.00
Government, NonMember - $25.00

Description:

Time and Materials contracting is the dominant contract type used today in US refining and petrochemicals. Wrenchtime, the measure of productivity, averages 30% in US refining and chemicals operations. We believe there is a correlation. Unit Price contracting is not for the faint of heart. With the right kind of tools and practices, Unit Price contracts deliver significant improvements in productivity and drive costs down. We’ll show you what Bayer MaterialScience is doing globally to achieve the best of both worlds.

Product Details:

Product ID: RMC-06-81
Publication Year: 2006