Enventure's Content Management Services for the Oil & Gas Industry turns raw data into a goldmine of actionable information to improve the bottom line of your company.
Controlling the cost of inventory, while reducing or eliminating downtime is a major challenge for the Oil & Gas exploration industry. Thousands of dollars invested in IT systems - like ERP, asset management, EDI-enabled purchases, and spend analysis do not provide the expected returns and in most cases this is primarily due to the flaws in the underlying data that supports the process.Manufacturing process downtime can cost thousands of dollars every minute in asset-intensive industries like Oil & Gas exploration. Availability of MRO items at the right time at the right place at the right price is an essential requirement for successful uninterrupted functioning. However, more often than not, maintenance teams struggle to identify MRO items they need, face delays in part identification and finally end up making avoidable expensive purchases.
