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Tag: Master Data

Asset Walkdown – Know Your Assets

   When does an asset walkdown typically take place?  One example is the acquisition of a new rig, equipment storage yard, or an industrial facility such as a refinery.  For the benefit of brevity let’s focus on rigs here.  After the deal closes what’s next from an equipment perspective?  You […]

How Mobile Printing Streamlines Rig Supply Chain & Warehouse Processes

To survive and thrive, the oil and gas industry must work more efficiently than ever, especially in a low-crude price environment. To make the supply chain more streamlined, I see many rig owners trying to operate with a lower headcount but not using technological advances to make the tasks easier for […]

Data

The Top 10 Challenges When Cleaning and Converting Master Data

Dirty data is a big problem—and too many companies don’t know how to handle it. According to a 2013 Gartner study, 20 percent of the information inside a database is of poor quality, and it’s costing organizations an average of more than $14 million every year. Data cleaning is a challenging […]