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Enventure Technologies www.enventureinc.com

Oil & Gas PDF Print E-mail
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.

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.

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.

Enventure's services are focused on content transformation of Maintenance, Repair and Operations (MRO) inventory to result in measurable business success by maintaining classified, standardized and enriched content on indirect materials.

Enventure partners with Oil & Gas exploration companies in an IT revamp project or process improvement program to ensure that investments made on people, processes and technology have the desired impact in providing the expected ROI.

Focused services for Oil & Gas sector:
  • Master data services
  • MRO data optimization
  • e-Procurement enabling
  • Spend analysis
  • Consulting

Benefits of MRO Services

  • Maximizes ROI from Enterprise Software Systems

  • Enables spend analysis and spend reduction

  • Optimizes inventory, improves procurement and streamlines operations

  • Gains preventative maintenance efficiencies

  • Aligns strategic sourcing to business objectives

  • Reduces cost

  • Defines Schema, creates Data Models, develops Taxonomy

  • Integrates sourcing data across locations

  • Optimizes purchase database to reduce procurement costs