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Tag: Inventory Management

OTC 2017 RigServ

OTC 2017 Booth 1361 Demos & Golf (OTC 2017) Join us at the offshore energy industry’s premier, global event. We will be at booth 1361 with our JV Partner Zentech Inc. Please join us at OTC 2017 for demos that will show you how to make the most of your data […]

Automating MRO Warehouses- Domo Arigato Mr. Roboto

3D Printing: A Solution for Parts Acquisition in Remote Areas? Automating MRO Warehouses Maintenance, repair and operations (MRO) decisions reach far beyond repair and maintenance processes. Optimizing MRO involves refining procurement and sourcing methods to get the most out of budgets spent on services, supplies and tools. In some cases, MRO represents […]

From Outer Space to Offshore Oil, 3D Printing Saves The Day

3D Printing: A Solution for Parts Acquisition in Remote Areas? 3D Printing: A Solution for Parts Acquisition in Remote Areas? The rig manager shook his head as he looked at the rig’s broken parts list on his computer screen. He’d replaced worn parts all over rigs since he started out […]

Disrupt And Conquer: How Disruption Is Needed Now In The Energy Industry Supply Chain

Disruption Disruption in Oil and Gas Supply Chains: A Necessary Intervention Over the past few years, many oil and gas companies have gone from successful to lackluster. Steeply dropping crude prices played a role in this downturn–in June of 2015, oil prices hit a six-year low, forcing many businesses in […]

Inventory Accuracy Measures to Ensure Uptime with the Lowest Investment

Inventory Accuracy Measures Inventory Accuracy Measures Recently a client contacted us to help them determine true inventory accuracy at their company. They stated that every month their rigs and managers reported accuracy levels between 98-100% (0-2% variance), but they now were experiencing downtime on one rig for a $40 critical […]

Business Intelligence Considerations- Magnum BI

The Importance of Pre-Job Planning In today’s world, access to seamless, accurate, and timely information is key to developing and maintaining competitive advantages; business entities who have not yet implemented data-driven decision-making processes are finding themselves further and further behind their competitors who have. An integral part of the data-driven […]

Free In Between Well Checklist for Drilling Rigs

The Importance of Pre-Job Planning In Between Well Checklist Before embarking on a vacation, careful planning is done to ensure the time away goes as planned. Leaving things to chance can lead to undesirable consequences and a not-so-pleasant hiatus from work. Starting a job or a project is no different. […]

Decoding the Advantages of Barcodes

Save Time and Money Tracking Your MRO Inventory with Barcodes Advancements in technology have made life much easier than it was even five years ago. But many companies have been slow to adopt this technology, usually because it doesn’t fit their core business aims and/or they have had IT issues […]

Challenges of Doing a Physical Count

Is Your Inventory Control System "Rigged" For Success?   John couldn’t believe what he was hearing from his OIM. “We are going on downtime for not having WHAT?” he asked.  Apparently, his company had run out of VX Gaskets (metal gaskets for the wellhead) after the last few were used […]

Free Packaging and Sorting Checklist to Reduce Shipping Costs

Packaging Sorting Checklist Trimming the Fat from Shipping Costs During Christmas, my wife recalled the unique way her father packaged certain gifts. Each child would receive a small gift that was placed inside a box, which was placed in a larger box, which was in turn placed in a larger […]