LIOS Technology has now been officially registered as a supplier in the FPAL (First Point Assessment) database.
First Point Assessment (FPAL) is the Oil & Gas supply chain database for the UK and The Netherlands and is a division of Achilles Information Limited, who is the leading provider of supplier management information.
FPAL was set up in 1996 by the industry as their solution to internal vendor approved lists and continues to successfully eliminate costly duplication in pre-qualifying suppliers. FPAL is the key tool used by purchasers in the oil & gas industry to identify and select current and potential suppliers when awarding supply contracts.
All suppliers listed in the FPAL database have gone through an extensive auditing process to create a complete company profile, including specific company data, information about products & services, HS&E, financial data, project references etc.
FPAL currently matches the needs of over 70 purchasing organizations with the capabilities of over 2400 suppliers. It is used by major operators and pipeline owners in the North Sea area. Time and cost saving benefits are achieved on both the purchaser and supplier side, through minimizing and in many cases eliminating duplication work in the administrative processes related to sourcing of products and services.
More information can be found on www.fpal.com