Meeting the oil and
gas challenge 2017
21 December 2016
The last 12 months has seen some of the toughest conditions
for the oil and gas industry in recent memory, with stunted oil prices,
postponed projects and staff cuts affecting business across the globe.
But the good news is that technology can help to streamline
This new state-of-the-art fuel distribution functionality
includes fuel distribution IT systems, tank telemetry, vehicle tracking &
telematics and mobile computing hardware. And it can all help to decrease risk,
increase efficiency and make a positive improvement to the bottom line.
Risk, cost and
Going in to 2017, the oil and gas industry is facing a
crossroads. The scale of digital transformation that has benefitted so many
other industries is yet to have an impact on many downstream oil and gas
business. But most will need to seriously consider the investment if they are
to manage risk effectively, improve efficiency and reduce costs.
The latest downstream technology can meet the challenges
that the current oil and gas landscape is posing, providing answers to some of
the industry’s most critical challenges.
What’s more, the technology available today helps power the
drive towards operational excellence – the unrelenting pursuit of world-class
The path to operational excellence has become the key to
improving businesses, as many have realised that simply cutting costs does not
equal better performance.
Instead, emphasis is being put on running the operational
parts of businesses more effectively and more efficiently but with less risk.
Perhaps more than any other industry, oil and gas largely
relies on ageing assets that are becoming much more difficult and expensive to
maintain or replace.
Downstream businesses need to undertake a through review of
their people, processes and levels of current technology implemented. By
comparing this with the challenges they face, many will be able to identify opportunities
Technology can help
meet the challenge
There are a myriad of ways in which technology can help a
business push towards their operational excellence goals.
In the fuel delivery sector, solutions have been created to
offer a mobile, rugged and paperless option for drivers that include:
Real time Proof of Delivery (POD)
Customer name and signature capture
Real time invoicing following delivery
Real time reporting of what’s left on board
Vehicle tracking and telematics
ATEX approved hardware
Specialist configuration to cater for multiple drop types
Back office connectivity to all leading fuel distribution & ERP systems
Interface with automated capturing systems
Legally compliant paperwork.
The end result is that downstream businesses reduce
paperwork and admin time while increasing invoicing and logistics efficiency.
They reduce risk by using rugged ATEX approved hardware, enhance driver
communication and also add traceability to their POD solution.
And the drive towards operational excellence doesn’t stop
there. With the latest technology linked to back office systems and able to
update in real time, businesses improve stock accuracy and also stock security
as they will have better information on what is currently being transported.
A step further
Getting the technology right is a key step, but implementing
it and making it part of a business’s culture is just as vital. Sweeping
changes do not happen overnight, but a trusted advisor can help to ensure that you
invest in the right technology for your business and that it is set up
correctly and functioning properly to maximise the return on your investment.
The goal is for managers and supervisors to be able to have
visibility of improvements they can make today, tomorrow, and even further
ahead. By reducing basic admin time and providing better updates, managers can
make the decisions that will benefit the business in both the short and long