MeRLIN - Strategic Sourcing Solution for Oil and Gas, EPC Industries

Transforming Procurement in Oil, Gas, Energy and EPC Industries with Strategy and Automation

Operating in a volatile, uncertain, and complex environment, oil and gas companies and EPC firms face constant pressure to innovate and optimize procurement strategies for profitable growth. MeRLIN, a leading sourcing software for oil and gas companies, empowers these industries with automation and data-driven insights to enhance efficiency, compliance, and supply chain management.

Increase Compliance

Ensure adherence to policies with configurable workflows, supplier policies, audits and surveys, demand management, and budget controls.

Improved Visibility and Transparency

Gain real-time and end-to-end visibility across the procurement process, with detailed audit logs, milestone tracking, and spend analytics for transparent sourcing.

Mitigate Risks

Reduce uncertainty by monitoring supplier performance, delivery timelines, and historical data. Leverage insights to mitigate risks and strengthen your supply chain management.

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MeRLIN for Strategic Sourcing Solution for Oil and Gas, EPC Industries

As a purpose-built strategic sourcing platform, MeRLIN is designed to streamline complex procurement processes in the oil & gas, oil field services, and EPC sourcing domains. It drives efficiency through enhanced collaboration, supplier lifecycle management, and data-driven planning.

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MeRLIN Features for the Oil and Natural Gas Sector

Identify the Right Buying Strategy to Drive Project Success

Demand Management

Aggregate demand across plants and project sites to optimize spending. Forecast needs effectively and control costs by managing procurement in the oil and gas sector holistically.

Capital Procurement

Maximize ROI in long-term capital projects. Build strategic supplier partnerships and manage capital-intensive crude oil project sourcing initiatives effectively.

Procurement Milestones Tracking

Enable milestone-based contract execution with alerts and a centralized repository. Track project timelines and synchronize sourcing with construction schedules.

Supplier Lifecycle Management

Accelerate onboarding, manage supplier risk, and monitor supplier performance for oil and gas companies and contractors.

Budget Control and Spend Analysis

Deep-dive into organizational spend patterns by category, department, and supplier. Control budgets, compare actual vs planned spending, and uncover new savings opportunities.

Configurable Response Templates

Streamline complex RFx or auction events with customized templates, tailored for Engineer-to-Order (ETO) procurement typical in oil and gas procurement scenarios.

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Frequently Asked Questions

What are the typical procurement challenges for EPC and energy sector companies?

Procurement in EPC and energy sectors is rarely straightforward. You often deal with large capital projects, multiple stakeholders, and tight delivery timelines. Common challenges include siloed purchasing processes, lack of visibility into spend, poor supplier coordination, and delays caused by last-minute sourcing.

There’s also a risk of overshooting budgets when procurement isn’t aligned with project milestones or financial controls. MeRLIN tackles these pain points with a platform that brings everything under one roof. You get real-time tracking of sourcing activities, clear workflows tied to project timelines, and alerts for key procurement milestones.

How does MeRLIN help oil and gas procurement companies reduce sourcing costs and inefficiencies?

MeRLIN offers a modern, cloud-based oil and gas e-procurement platform designed to streamline and digitize the entire procurement process for oil and gas companies and EPC contractors. Cost reduction is achieved through a combination of automation, enhanced visibility, and better sourcing strategies.

By consolidating demand across departments and remote sites, MeRLIN allows companies to negotiate better terms with suppliers, leverage bulk buying power, and avoid duplicated efforts. It offers real-time budget control, spend analysis, and negotiation tools that help procurement managers track actual vs. planned expenditures and identify areas of cost leakage or overspending.

What is strategic sourcing in the oil and gas industry, and why is it important?

Strategic sourcing in the oil and gas industry is a procurement approach that focuses on long-term planning, cost-efficiency, and supplier relationship management rather than just short-term price negotiation. Given the industry’s volatile and capital-intensive nature, a strategic sourcing model helps oil and gas procurement companies optimize sourcing decisions for critical materials, equipment, and services.

MeRLIN’s oil and gas sourcing software supports this by offering real-time visibility across the procurement cycle, automating supplier onboarding and performance tracking, and enabling informed decisions through analytics. It ensures better alignment with project goals, improved contract compliance, and enhanced transparency—all while reducing supply chain risks and driving cost down.

Factsheet

Uncover meaningful insights from your sourcing data and trends that translates to new opportunities for savings and growth.

MeRLIN Strategic Sourcing Solution Factsheet