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Software Functionality Revealed in Detail
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 oil price


Oil and Gas
Oil and gas companies@whether upstream, downstream, or mid-stream@face a wide range of industry-specific challenges, including new and evolving government

oil price  and Gas Oil and gas companies—whether upstream, downstream, or mid-stream—face a wide range of industry-specific challenges, including new and evolving government regulations for air and water quality, and the need to better forecast prices in a highly volatile market (with fluctuating demand as well as fluctuating prices). There is also a shift in industry focus, from oil field exploration to exploitation, which raises issues related to “brown” (or mature) fields and sustainability.

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

ERP for the Oil and Gas Industry (Upstream)

The model of ERP systems for the upstream oil and gas sector addresses the particularly specialized business model of this industry. It is common practice for companies, individuals, and government agencies to form partnerships to explore, develop, and share production of oil wells. More often than not, this is a short-term alliance rather than a long-term partnership, and business structuring must therefore be flexible at initial set-up and throughout the lifespan of the venture. This model of ERP systems includes criteria for financials, human resources, production data capture and reporting, maintenance management, and supply chain management (SCM) functionality. 

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Finding Opportunity in Rising Fuel Costs: Strategies for Industrial Equipment Companies


The rising price of fuel has set in motion a series of more profound changes for both consumers and industry. But those companies that take comfort from the recent easing of fuel prices and whose management actions go no further than attempts to mitigate the immediate impact of fuel price increases will end up at a serious disadvantage in the market. Find out how your company can find opportunity in changing fuel markets.

oil price  Increase Announcement | Opportunity Oil Price Increase | Energy Market Changes Opportunity | Offers Solutions to Customers | Energy Efficient | Customers' Fuel Cost | Sales Forecasts | Strategies | Cost Strategies | Strategies and Market Events | Mix Manufacturing Model | Performance and Strategy | Enterprise Performance High Fuel Costs | Supply Chain | Suppliers | Freight and Travel Costs | Energy Cost Efficiency | Energy Costs Management | Costs Management | Production Models Change | Suffer from Fuel Read More

Selecting ERP for Oil and Gas Industry Contractors and Vendors


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oil price  While vendors to the oil and gas industry are affected by the same economic megatrends as everybody else, they are more directly affected by wild fluctuations in the price of oil than most other industries. In 2009, the industry finds itself in a situation where it is coming off of a period of high oil prices that had lasted between four and five years. During that time, oil companies and their suppliers have grown tremendously as organizations, and that competition for talent and resources has driven up Read More

Recent Developments in One Price Management Provider's Business


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oil price  as chemicals, high-tech, and oil and gas. The SAP-Vendavo joint solution, which is also certified as Powered by SAP NetWeaver , has been complementing and enhancing the price execution capabilities of mySAP ERP and mySAP CRM with real-time, sophisticated pricing analytics, which is a framework for price setting and policy management. Sold under the name SAP Price and Margin Management ( SAP PMM ) by Vendavo, the solution has been available for over a year. SAP is initially targeting it at the above Read More

Netpliance’s 4X Price Hike - Will It Spell Boom or Doom?


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oil price  4X Price Hike - Will It Spell Boom or Doom? Netpliance’s 4X Price Hike - Will It Spell Boom or Doom? R. Krause - July 24, 2000 Event Summary June 29, 2000 [Source: Netpliance press release] Netpliance, Inc. has announced i-opener 2001, the next generation service for Internet appliances. As part of the new service package, i-opener customers will be able to alert one another and chat live for the first time with iChime Direct Messaging using an i-opener Internet appliance. Adding to its Read More

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oil price  after Katrina-Murphy Oil Improves Server Management and Flexibility When Katrina hit in 2005, Murphy was among the many companies impacted by the devastation. Although its servers sustained no physical damage, they were inaccessible, and Murphy could not reach or use its data until the waters receded and the servers were moved. After retrieving the servers from New Orleans (US), the company went directly to Virtuozzo for an evaluation. Read More

Margin Squeeze and Globalization in the Food and Beverage Industry


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oil price  Squeeze and Globalization in the Food and Beverage Industry Fastidious Food Service Channel Many food distributors act as commodity brokers, negotiating annual supply contracts for the major retail chains for a range of food products. Often, these are private-label products sourced from different growers or food processors around the world to guarantee supply year-round. The logistics planning and documentation must be precise if costs are to be kept under control. Furthermore, if the quality is Read More

Configure Price Quote (CPQ)


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oil price  Price Quote (CPQ) Configure, price, and quote (CPQ) solutions (sometimes known as quote-to-order, or Q2O, systems) help drive sales effectiveness by supporting configuration and pricing activities and the generation of quotes that occure during the sales process. CPQ solutions create accurate and professional sales quotes for complex, custom-engineered or customizable products while streamlining core processes and lowering costs. Common features of CPQ software include product catalog and pricing Read More

How One Vendor Parlays Price Variation into Profit Improvement Opportunities


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oil price  One Vendor Parlays Price Variation into Profit Improvement Opportunities Zilliant is a data-driven price management software provider that aims to help business-to-business (B2B) companies maximize revenue and margins using advanced price segmentation, optimization, and execution capabilities. To learn more, please see part one of this series What if Companies Could Use Science to Align Prices to Market and Maximize Margins? The Pricing Challenges that B2B Participants Face In narrowing down the key Read More

What's Your Global Market Price?


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oil price  s Your Global Market Price? Introduction The United States has nothing to fear from commercial engagement with the rest of the planet. Who said this? Alexander Hamilton , the first Secretary of the Treasury of the United States, and probably the one individual most responsible for the financial and commercial system we have lived under for over 220 years. He went on to say, The maxims of the United States have hitherto favored a free intercourse with all the worlds. They have conceived that they Read More

The Rise of Price Management


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The Incredibly Shrinking Platform--and Price!


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Petrochemical Manufacturing


Companies in the petrochemical industry manage the operations and processes that transform crude oil and other raw materials into chemical products. There are two major categories of petrochemical companies:
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  • companies that use these basic chemicals to create materials that can then be used in other industries to produce finished products, such as plastics, detergents, paints, fertilizers, polyester, etc.


oil price  processes that transform crude oil and other raw materials into chemical products. There are two major categories of petrochemical companies: companies that refine oil and other raw materials and convert them into basic chemicals such as ethylene; and companies that use these basic chemicals to create materials that can then be used in other industries to produce finished products, such as plastics, detergents, paints, fertilizers, polyester, etc. Read More

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oil price  A Layman’s Guide Every enterprise resource planning (ERP) implementation comes with risks. But a seven-figure price tag and a painful multiyear deployment don’t have to be part of the package. This layman’s guide to ERP discusses how various industries, trends, challenges, and new tools are reshaping the ERP landscape. By developing an in-depth understanding of the technology, its benefits, and its risks, every organization can achieve ERP success. Read More

The State-of-the-Art, Cloud-based, Product Configurator, Quote and Order Management System


EosCloudStore Configure, Price, Quote (CPQ) provides a flexible platform to support e-commerce solutions for any organization or business involved with complex products, including manufacturers, resellers, distributors, and dealers. It is designed to help you sell products and services faster and easier, with more precision in order to eliminate the risk for costly errors. Download this data sheet and get the key product features.

oil price  EosCloudStore, CPQ, CPG software, configure price quote, product configurator, complex products, order management, configurable products, BOM Read More