Introduction

Managing the inventory, rental fleet, and field services of an oilfield company is a tough job that requires constant communication with various departments. However, with the advent of operations management software, this job can be made much easier. In this blog post, we will discuss the benefits of using Operations management software and how it can help in day-to-day operations.

Benefits of Operations Management Software

With operations management software, you can easily manage your inventory, track the location of each piece of equipment, and know its availability, whether it is deployed, needs maintenance, or repair. The software can also create electronic field tickets, schedule and dispatch jobs, and track time, among other things. Let’s take a look at some of the benefits of using operations management software in an oilfield service or rental company.

Equipment Rentals

With the software, you can track equipment availability, locations, calculate rental days, manage inspections, and repairs. This feature allows you to keep an eye on your rental fleet and ensure that each piece of equipment is well-maintained and available when needed.

Field Services

Operations management software allows you to use field tickets with job time tracking, streamline your operations from quoting to invoicing, and dispatch jobs to field technicians. This feature enables you to keep track of your field services and ensure timely completion of jobs.

Business Analytics

The software provides reports and dashboards that empower decision-making, efficiency analyses, cost optimization, etc. With this feature, you can analyze your profitability, define the most profitable services, and make informed decisions based on data and insights.

Digital Transformation Delivered

RigER: Oilfield Services ERP is an example of operations management software that can help with daily operations. It offers a range of features, including mobile oilfield, dispatching and scheduling, sub-rental, reserves and backups, maintenance, and job costing, among others. With RigER, you can prepare quotes, generate field tickets, access service history, sign documents from a mobile device, and track equipment maintenance records, among other things.

Conclusion

In conclusion, operations management software can help oilfield service and rental companies manage their inventory, rental fleet, and field services with ease. With the features discussed in this blog post, companies can streamline their operations, improve efficiency, and make informed decisions based on data and insights. If you’re interested in learning more about operations management software, book a demo today.