Embracing innovation, key to oil industry growth, says Expert
CHIGOZIE AMADI
A seasoned logistics expert, Azubuike Ukwuoma, has advocated the transformation of the oil and gas sector through innovative approaches.
In a bid to achieve this, Ukwuoma recommended a “LOGIC methodology”, which he claimed would redefine operational efficiency and set new standards in the industry.
While sharing insights into his career journey and the development of the LOGIC methodology on Monday, he said, “What inspired me to pursue a career in logistics was my fascination with the intricate systems behind shipping and delivery services.
“The LOGIC methodology emerged from my experiences and the realization that a structured approach could significantly enhance operational efficiency.”
If adopted, the expert explained that the methodology would enhance customer satisfaction and ensure compliance with industry regulations.
He said the LOGIC methodology is built on five key pillars logistics management, optimisation techniques, governance and compliance, innovation and technology, coordination and communication.
Ukwuoma said, “Effective logistics management is at the core of the LOGIC methodology. This includes strategic planning, resource allocation, and performance metrics to ensure every aspect of the supply chain is efficiently managed.
“Optimisation is central to enhancing productivity. On governance and compliance, adherence to legal and regulatory requirements is crucial. Also, embracing innovation drives progress. Effective coordination and communication are vital. This includes fostering team collaboration, engaging with stakeholders, and ensuring timely information flow.”
