+1.713.402.6100 info@rig-serv.com

Tag: WMS

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. […]

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, […]

Is It Time You Implemented Consignment Inventory Management ?

Effective inventory management is critical to the profitable rig operations. In many cases, consignment inventory is a practical solution to inventory challenges. Let’s look at the benefits of consignment inventory as well as some things that tend to stand in the way of exploring this option. Typical consignment inventory agreements allow […]

Mobility

Why Should an Energy Company Consider BPO for Supply Chain Functions?

In today’s environment of low commodity prices and reduced earnings, oil and gas companies need to be more innovative than ever in optimizing the efficiency of their supply chains. Unfortunately, many firms overlook the possibility of outsourcing their supply chain management. Business process outsourcing, or BPO, for supply chain functions, […]

Rig Beach

Oil and Gas ERP’s – Will One Size Fit All?

ERP Oil and Gas ERPs – Will One Size Fit All?   When the term “ERP” is used, many flavors and functionalities come to mind. Unlike an organization like The American Kennel Club, there are no “breed standards” for an Enterprise Resource Planning system. As a matter of fact, with […]

Improve Inventory Accuracy In The O&G Industry -10 Tips

    In today’s economic climate, most leaders recognize that effective inventory management will result in significant cost savings and is a barometer of corporate health. A key component is ensuring that on-hand inventory is kept accurate, along with processes to determine the root cause of those variances and clear plans […]