Hi, I'm Aaron Rubenstein, I work for Anadarko. We're a global upstream oil and gas producer. We find, develop, and produce oil and gas around the world. We develop midstream energy infrastructure. I lead the process and technology team within our supply chain group.
I guess I'd answer that by talking a little bit about the dynamics that Anadarko faces in our industry. That's been particularly pronounced over the past couple of years as we've seen oil prices range from over $100 a barrel to under $30 in a relatively short time span. Managing through that kind of cyclicality requires a really agile supply chain. A key part of that agility is having flexible and efficient business processes.
For Anadarko, sourcing is really front and center, and how you execute in rapidly evolving market conditions. We were looking for a tool that kind of gave us that flexibility and adaptability to be able to kind of quickly execute sourcing initiatives to respond to those kind of changes in the market.
Anadarko’s budgeting and planning process is a collaborative effort within the organization, and often the targets we're setting are a response to market conditions that are going on. When we're in a down cycle, we're trying to bring that cost structure down. When prices are coming back up, we're trying to execute a more robust capital plan. Supply chain must work hand in hand with engineering, with planning, with finance, operations, to come up with a sourcing plan that will enable us to achieve the kind of budget and planning targets that the organization has set forth for the year. We use the sourcing process as the mechanism to execute on that, but it requires close coordination and collaboration among those groups to be able to achieve the targets that we've set forth.
I've worked with Enterprise Software for years over the course of my career. With every passing year, I put increasing weight on a strong user experience is one of the key factors that I'm looking for in software systems Anadarko implements. I've seen so many projects where applications were implemented and then it was a continual uphill battle to get adoption among users and to achieve the vision and the benefits that were original sold with the project. So I really look these days at companies that provide solutions that are lightweight, intuitive, yet powerful. That's a rare combination, but I think tools like Scout, are the best in breed in delivering that.