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Technology Evaluation & Selection for Industry

 This Week's Featured Reports and News

Tim SheaOilfield Operations Management Systems Deliver Multiple Benefits

The global upstream oil & gas segment has been growing and evolving in a rapid and dramatic way. International oil companies (IOC) and national oil companies (NOC) are both competing and cooperating in the constant race to recover hydrocarbons, primarily oil and natural gas. Many industry participants now understand that focused investments in oilfield operations management systems can help increase production, enhance recovery rates, improve HSE metrics, and improve profitability in the face of increasingly more complex operational and technical challenges.

Steve BankerROI of Managed Transportation Services vs. Transportation Management Systems

When a shipper decides it needs to improve its transportation performance, it typically attempts to achieve this by either buying a transportation management system (TMS) or outsourcing transportation planning and execution to a managed transportation services (MTS) provider. According to ARC research, among those shippers that successfully achieve significant reductions in freight savings, TMS and MTS perform roughly the same. However, when you look at the achieved negative results (increased freight costs); TMS appears to be the less-risky investment.

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