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Who Drives Asset Management in Your Company and What is Asset Management?
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Who Drives Asset Management in Your Company and What is Asset Management?

I Was in the Dark Remember the adage, “If everyone is responsible, then no one is responsible.”  I spent the first six years of my career as an Army Officer…

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Differences between such as LoRaWAN, RFID, or how they work together (Asset Tracking)

When it comes to oil and gas, LoRaWAN (Long Range Wide Area Network) is quickly drawing the attention of companies around the globe, especially for asset tracking. This technology is…

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The Short Guide to Asset Verifications During M&A

When you merge with or acquire a company, you are taking on an entire portfolio of assets. From real estate to equipment, proprietary knowledge to product designs, each asset needs…

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WHAT IS ASSET MANAGEMENT?

Definition by Example Most industrial companies make capital equipment purchases on a regular basis.  Much care is taken to ensure the equipment item is fit-for-purpose, competitively priced, and properly accounted…

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How Can LoRaWAN Be Used to Track Assets In O&G?
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How Can LoRaWAN Be Used to Track Assets In O&G?

Since we first formed our company, we have seen many changes in terms of developing technology. Although the evolution of technology has drastically changed (and improved) a wide range of…

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When Should I Perform a Physical Inventory Count (Stocktake)?

One question we are asked repeatedly is when should I perform a physical inventory count also known as a stocktake. There are several circumstances that call for a physical inventory…

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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.…

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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…

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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,…

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

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…

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