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Archive for Month: August 2017

True Costs of Physical Count Errors in the Energy Industry

The True Costs of Physical Count Errors Inventory counting may not be the most exciting topic, but it is a critical one – especially in the oil and gas industry. Many companies in the space have hundreds of millions of dollars’ worth of spare parts in their inventories at a given time. […]

Augmented Reality Glass

Augmented Reality: For the Oil and Gas Industry, It’s Not a Mirage

Augmented reality is defined as a technology that superimposes a computer-generated image on a user’s view of the real world, thus providing a composite view. Augmented reality, or AR, is finding a place in a variety of fields, not the least of which is in the military. Tests conducted for the military have […]

Angry man in bed with phone

Waiting, waiting….It’s been a week and still waiting and I am still waiting. The value of Value Stream Mapping

I was recently a part of a Value Stream Mapping project for a company. During my discussions with process owners, one of the main complaints was time. More specifically, time to close out certain business activities. From purchase order creation, approval for expenditures, item master/material number creation through the accounts […]

Welcome Kadri Akyurt to RigServ as IFS Principal Lead

We are very pleased to announce that Kadri Akyurt joined RigServ as an IFS Principal Lead on August 1st. Kadri brings 12 years of comprehensive IFS Distribution, EAM and PM experience as well as several years as a Managing Partner of another IFS Partner company. He has also earned a […]

Things to Consider When Conducting Year-End Physical Counts

We’ve looked at ways to improve inventory accuracy for oil and gas projects, such as increasing transaction discipline, labeling items clearly and using the latest technology. Yet inventory control is a constant challenge. There are many parts involved, and each one is important. Tracking each part is critical to rig success. Recently, […]