Supply Chain Committee

In addition, the IADC Supply Chain Committee would endeavor to improve the overall performance of the global Drilling Contractor supply chain in order to better serve customers and key stake holders.

The functions of the Committee include:

•  Advance the Supply Chain function in the drilling industry by providing a forum for the exchange of knowledge, best practices, and ideas between committee members and the IADC at large.
• To establish standard supplier performance metrics to be used to measure the performance of drilling industry suppliers, including recommendation to the IADC Board of Directors for periodic publication of such metrics.  Metrics may include surveys of IADC Supply Chain Committee participants regarding supplier performance to rate and report supplier performance at an aggregate level.
• To review and recommend standards in equipment and product catalog data content and classification (nomenclature/taxonomy), and electronic means to improve process efficiencies such as RFID tracking and barcode scanning relative to inventory, procurement, global trade compliance data, trade preference program data/documentation, logistics, packaging, cargo handling, etc.
• Recognize industry suppliers that continuously improve the performance of the industry supply chain through adherence and superior performance to IADC Supply Chain Committee key performance metrics.

For more information please Contact the IADC Supply Chain Committee.

A drilling contractor member elected by the committee will chair the Supply Chain Committee. The Committee Chairman may at his discretion appoint a reasonable number of Committee Vice-Chairmen to oversee specific disciplines or issues (e.g., onshore/offshore safety issues, environmental practices, specific regulatory issues, etc.)

General meetings are open to drilling contractor members only. The Chairman may invite non-members to attend when it furthers the interests of the Committee. Meetings will be held at such times and locations as may be selected by the Chairman with the advice of the Committee.

General meetings are currently open to drilling contractor members only. The Chairman may invite non-members to attend when it furthers the interests of the Committee. At the discretion of the Chairman and IADC staff, the meeting or portions of the meeting may be exclusively reserved for drilling contractor members. Meetings will be held at such times and locations as may be selected by the Chairman with the advice of the Committee.