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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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Waiting, waiting….It’s been a week and still waiting and I am still waiting. The value of Value Stream Mapping
angry man with phone in bed

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…

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Key Logistics Trends Shaping the Oil and Gas Industry

Logistic Trends- Oil and Gas Key Logistics Trends Shaping the Oil and Gas Industry in 2017 and Beyond After a period of low prices and slowing demand, oil and gas…

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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…

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