YPF, the largest non-U.S. shale oil operator, and Globant, a digitally native company focused on reinventing businesses through digital technology, have signed a Memorandum of Understanding (MoU) that marks a significant milestone in the transformation of YPF’s supply chain operations.
“This alliance supports the work we are doing at YPF to become increasingly efficient,” said Horacio Marín, President and CEO of YPF. “We compete with the world’s leading players, and our suppliers play a key role in our competitiveness. We trust that Globant’s expertise will help us implement new tools to better manage YPF’s entire value chain.”
“Collaborating with YPF is both a challenge and a privilege,” added Martín Migoya, Co-founder and CEO of Globant. “Founded over 100 years ago, YPF was a pioneer in showing the world what Argentines are capable of. Having them put their trust in Globant to explore how to modernize their processes using AI developed in Argentina fills me with pride.”
YPF manages a portfolio of approximately 5,000 suppliers and handles more than 100,000 products and services, making the supply chain area a strategic component in the company’s operations and its ongoing quest for efficiency.
This agreement will allow YPF to leverage Globant’s deep knowledge and capabilities in Artificial Intelligence and AI Agents to create an innovative, integrated operating model. This model will continuously learn and evolve, make complex decisions through expert-supervised algorithms, and ensure compliance with the company’s internal policies and standards.
These tools will reduce operational friction, improve efficiency, and scale capabilities across the entire supply chain.
This alliance reinforces YPF’s ongoing efforts under its “Plan 4×4,” which aims to enhance operational efficiency across all areas of the business and position the company as a globally competitive player, with the goal of generating $30 billion in exports by 2030.
This article was originally posted at www.worldoil.com
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