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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 , Read More
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...
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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

oil reserves  competitive market, with record oil prices, high labor costs, and intense pressures from discount carriers. Recently, it completed an SAP ERP upgrade project specifically to create a common scalable platform for both Air France and KLM, which it acquired in 2004. The elimination of nearly 100 customized programs means that the IT department now has more time and resources to pursue strategic initiatives, rather than writing its own code to maintain its operations, which translates into lower maintenance Read More
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

oil reserves  and boat owners to oil rig operators in the North Sea and Antarctic research facilities. But the company's strong success was no longer supported by its chosen technology platform, and with demand increasing, the potential to make costly mistakes was rising as well. Business Issue What we had available with our old system couldn't by any means handle the vision we had for the company in the future, says Todd Sieber, Southwest Windpower traffic manager. We had to have the ability to communicate with Read More
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

oil reserves  enterprise solution . The oil and gas industry is one of IFS’ core markets. Based on a single product line, IFS Applications delivers component-based business solutions that manage the entire lifecycle of contracts, projects, assets, and services. IFS Applications includes functionality for contract and project management, risk management, budgeting and forecasting, engineering, material management, fabrication, document management, service and asset management, all integrated with financials and human Read More
IFS’ Large Wins Streak Continues
In late November 2012, IFS announced that a major North American offshore oil @ gas drilling company had signed a contract to implement IFS Applications as its

oil reserves  major North American offshore oil & gas drilling company had signed a contract to implement IFS Applications as its enterprise asset management (EAM) software system. The unnamed offshore drilling company will implement the IFS Applications for Offshore Service edition to support maintenance operations. The deployed solution will include projects, maintenance, and IFS Instant Replication, a special solution for rapid replication of data between offshore rigs or vessels and onshore facilities. The unnamed Read More
How Can Your Vendor Make Your Implementation Easier?
Enterprise resource planning (ERP) implementations are mainly business projects rather than IT projects, so a lion’s share of efforts and, consequently, costs

oil reserves  beverage companies, for chemicals, oil and gas, and so on. Software solutions, although similar to each other, vary in multiple ways within those verticals due to different product types, different compliance and item auditing requirements, and many other reasons. Such vertical-focused solutions are typically pre-defined for a certain market niche and require significantly less effort from both vendors and their clients to implement. The Benefits of Vendor Experience: Oracle's Implementation Tools Tools Read More
CORTEC Fluid Control Finds
In researching a new system, CORTEC considered five ERP products, but selected Infor ERP VISUAL for several reasons. CORTEC serves oil and gas production

oil reserves  several reasons. CORTEC serves oil and gas production companies as well as drilling contractors with specialized equipment and services, and needed a fully integrated systeme to maintain the aggressive pace of customer demands. Read More
SAP Business Transformation Study: Valero Energy Corporation
Managing growth is a monumental undertaking@and one that Valero Energy Corporation has mastered. But as one of the largest oil refinery companies in North

oil reserves  Corporation is the largest oil refining company in North America. The company's primary products are reformulated gasoline, California Air Resources Board Phase II gasoline, low- sulfur diesel, and oxygenates. Valero has 17 refineries in the United States, Canada, and Aruba; approximately 5,800 retail and branded wholesale outlets in the United States, Canada, and the Caribbean, and refining capacity of 3.1 million barrels per day. Key Challenges Grow rapidly, primarily through acquisitions Quickly Read More
Pradeep Metals Selects Epicor ERP
April 2013 started with a notable win for Epicor in India as Pradeep Metals Limited, a leading manufacturer of closed-die forgings for the oil and gas, valve

oil reserves  closed-die forgings for the oil and gas, valve, instrumentation, petrochemical, and general engineering industries around the world, announced that is has selected the Epicor enterprise resource planning (ERP) solution. The company chose Epicor because it met the company's business requirements to be easy to use and to have a flexible technology platform. Pradeep Metals’ production plant is integrated with a state-of-the-art facility for design, tooling, laboratory testing, cutting, forging, Read More
Case Study: NexTec Group Provides Successful Platform for MODEC International
Oil and gas industry leader MODEC was already using Microsoft Dynamics SL for core financial activities. But as the company faced rapid growth, it began to look

oil reserves  Platform for MODEC International Oil and gas industry leader MODEC was already using Microsoft Dynamics SL for core financial activities. But as the company faced rapid growth, it began to look at how the technology could be used to improve other vital business processes. Discover how MODEC worked with the NexTec Group to hone those processes, identify areas for improvement, and propose and direct the technology initiatives to effect the needed changes. Read More
The Total EAM Vision Strategic Advantages in Asset Management
Physical asset management contributes greatly to the achievement of competitive advantages in capital intensive companies. Particularly in the areas of

oil reserves  the areas of Mining, Oil and Gas, Defense, Utilities and Transport although it does also offer positive benefits for companies in some areas of manufacturing. The Gartner Group defines EAM as the following: EAM consists of asset management, materials management, HRMS and financials Figure 1: Complimentary Effects between Managerial Functions in Capital Intensive Industries The focus and structure of an EAM system recognises the strategic importance of asset management and provides a structure and depth Read More
Oil and Gas: Upstream Data and Information Management Survey
Oil and gas companies have numerous information systems, each churning through vast amounts of data to support business decisions. Successful management of

oil reserves  and Information Management Survey Oil and gas companies have numerous information systems, each churning through vast amounts of data to support business decisions. Successful management of these information systems is not simply a case of keeping the systems running and providing suitable backup mechanisms. It also includes the adoption of professional data management practices. Download this report to learn about effective practices for addressing data management challenges. Read More
Achieve Fuel Distribution Excellence: Drive Efficiency and Growth with Integrated Solutions
Fuel marketers and distributors must act quickly to keep up with the volatile marketplace. Margins are narrow and fuel prices fluctuate constantly@and at the

oil reserves  your forecasts, there’s an oil and gas software solution that offers automated functionality for invoicing and billing, and more. Read More
IFS Ends Year with a Few Bangs
IFS has had a pretty decent time of late, but the company has apparently had a great end to 2013 if one judges by a slew of new win announcements. Senior

oil reserves  such as project-based manufacturing, oil and gas, process manufacturing, and power generation. The group will implement a wide range of IFS Applications functionality, including modules for project management, manufacturing, supply chain management, and maintenance.   Another announcement came from The Midcounties Co-operative , the largest independent co-operative in the U.K., which has chosen IFS Applications to help its finance, HR, and payroll departments become more efficient. There will be 500 Read More
Bizagi, Now Certified for BPM Functionality
I’m pleased to announce that the Bizagi’s BPM Suite 9.1 has recently joined the ranks of TEC Certified systems providing business process management (BPM

oil reserves  as well as the oil and gas industry, which shows the flexibility of the product to adapt to different productive scenarios and industries. For TEC certification, Bizagi completed TEC’s detailed request for information (RFI) ( download a sample BPM RFI template ), and delivered the formal product demonstration I’d requested. In a dynamic and interesting demo, we were able to see the outstanding features of Bizagi’s application and how Bizagi can help an organization with its process management Read More
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