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


Is There a Smarter Way to Handle Excess Active and Obsolete Inventory?
Imagine the convenience of a 24x7 intranet marketplace where companies could sell off their inventory to the highest bidder. FreeFlow is one such business

oil reserves  and Refurbished Materials Adding Oil to the Fire Thus far, one conclusion would unequivocally be that inventory challenges exist at every stage of the product life cycle, since product phase-in/phase-out, missed sales, and basic forecast errors result in excess active inventory. The end-of-life (EOL) stock and obsolete inventory are the inevitable results of unsold active inventory that has since been displaced by newer-generation products, or otherwise discontinued. But what about inventory returns ,

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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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Documents related to » oil reserves

Enterprises Reap Rewards of Modernizing Their ERP Systems


With increased mergers and acquisitions at the global level, organizations have started recognizing the benefits of upgrading to a modern enterprise resource planning (ERP) platform and a service-oriented architecture (SOA). Learn how different approaches to ERP system and architecture upgrades can help your company drive down costs, raise employee productivity, and produce meaningful business process improvement.

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TEC's Mid-market ERP-Distribution Buyer’s Guide


Midsize manufacturers and distributors now have access to an array of powerful software solutions that simply weren’t available before. But with so many choices, you need accurate and unbiased information. This comprehensive guide from TEC and SupplyChainBrain provides a state-of-the-market analysis, success stories from your peers, in-depth information on solutions, and a directory of the leading vendors in the field.

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Creating Value From Global Commerce Management People, Process and Enablers


Companies are going global because the risk of not doing so greatly outweighs the comfort that staying domestic brings. According to a World Trade Organization (WTO) report issued in October 2004, "Despite the rise in oil prices the volume of world trade is likely to grow by 8.5% in real terms by the end of 2004." The liberalization of trade, the reduction of tariffs, the elimination of quotas, the continued rise in China as an industrial force, and the rise of outsourcing as a cost reduction opportunity, all create an environment that is full of opportunity and fraught with hazards. The ability to effectively manage global commerce will be a key strategic competitive differentiator. Global commerce management (GCM) is what is required by companies to win in this tougher, more competitive environment.

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TARGIT


TARGIT was founded in 1986 with CEO Morten Sandlykke as one of the founding partners. Back then, we worked closely together with other large Danish software companies like Navision and XAL, known today as MS Dynamics NAV and AX, and we still share the technologies and innovative business ideologies with these platforms. From the very beginning, we developed and sold Business Management Systems. While starting out as a software company providing applications to the retail and oil business, we quickly realized the overwhelming need for analytical processing tools that could help management in day-to-day decision-making and action taking. With the acquisition of Morton Systems, established by Dr. Morten Middelfart, in 1996, TARGIT started to develop a Business Intelligence tool based on the same basic ideas of usability, versatility and ease of implementation that has always been a TARGIT trademark. In October 2000, our company was reorganized; the "new" TARGIT Inc. is a pure business intelligence company that markets only the Business Intelligence software solution; TARGIT BI Suite. The first version of the TARGIT Business Intelligence technology was launched during spring of 1996, and the core technology of TARGIT's Business Intelligence software is protected by several international patents. Today, TARGIT is driven by providing facts that beat fear and enables courageous leadership..

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748 INC


748 INC is the recognized leader in earned value implementation, data integration, and project and portfolio management consulting. 748 INC helps organizations reach business goals by implementing project, performance and portfolio management. Headquartered in Tampa, FL with a regional office in Herndon, VA and Seattle, Washington, 748 INC is a full-service project management solution provider. 748 INC is unique in that we can help you implement systems and processes that take the entire project life cycle into account. We specialize in earned value management system implementation, data integration, project portfolio and resource management and reporting. We have implemented our solutions across many industries including Aerospace & Defense, Oil & Gas, Transportation, Engineering and Construction,Telecommunications, Manufacturing and IT. Our entire executive management team and a majority of our consultants are certified Project Management Professionals (PMP). Leverage our extensive experience in project management system implementations that is diverse and deep. Company Vision "To be the recognized leader in earned value implementation, data integration, and project and portfolio management consulting." Mission Statement "To leverage our business process knowledge and experience married with best of breed applications to deliver industry solutions for project management." Values Attract and retain sharp people. Maintain integrity at all times with our clients and with each other. Positively reward top performers with professional growth opportunities. Provide a continual feedback mechanism for our clients by staying in constant contact and having an open weblog for client discussion needs. Recognize that coming up with the best ideas takes teamwork and nurturing an environment of teamwork.

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Basic Energy Services: Getting Paychecks out The Door with SAP ERP


With thousands of employees providing a range of well-site services, US–based Basic Energy Services Inc. is “basic” to the operation of oil and gas wells spread across 13 states. Faced with high turnover rates among field employees, Basic Energy realized its existing human resources (HR) software was limiting its ability to conduct business efficiently. Learn how an integrated human capital management solution helped.

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SAP Business Transformation Study: Energen Corporation


Oil company Energen wrestles with volatile energy prices and their effect on operations. Energen’s key challenges included reducing operating costs and improving efficiency. Many tasks related to plant maintenance and purchasing were done manually—both cumbersome and limited in analysis abilities. After an enterprise resource planning (ERP) implementation, Energen has a system that is integrated and automated. Learn more.

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SAP and Accenture Create a Joint Business Group


Accenture and SAP recently announced the creation of a new business group focused on shortening the time it takes to jointly develop and deliver new industry-specific solutions based on cloud and other digital technologies such as analytics and enterprise mobility.

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Atlas Pipeline Selects IFS Applications


IFS’ win streak continued with Atlas Pipeline Mid-Continent Holdings, LLC (“Atlas Pipeline”), active in gathering and processing natural gas for transportation to commercial, industrial, and residential markets, recently choosing IFS Applications as its new enterprise solution. The oil and gas industry is one of IFS’ core markets. Based on a single product line, IFS Applications delivers component

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Three Oilfield Service Problems and How to Solve Them with Mobile Software


Oilfield services is a growth industry—many companies in this segment must quickly adopt processes to scale up their operations while maintaining the integrity of their work. Enterprise service management (ESM) software, encompassing enterprise asset management (EAM), maintenance repair and overhaul, field service management, and other business and service disciplines, can deliver best practices associated with more mature service industries.

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