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The Role of Data Governance in Ensuring Data Privacy and Security

In today’s world, nearly every company relies on data to operate effectively. With data being one of the most valuable assets, protecting it is a top priority. But with technology enabling access from anywhere, anytime, it’s essential to follow specific protocols to keep that data from landing in the wrong hands. Cyber threats, compliance violations, […]

Master Data Management in Utilities and Power Generation

master data management

The power generation and utility sector provide the foundation for today’s infrastructure, providing industries and homes with a constant flow of electricity, water, and gas.  As utility firms expand and evolve, they are able to gather humongous quantities of data across various sources like smart meters, grid sensors, customer billing, and trading systems. With varied […]

Power Generation of Commercial & Industrial Operations

The drastic shift in how the commercial and industrial markets of today operate, having a strategic resource is no longer an exception. Any interruption, be it grid instability, equipment breakdown, or other reasons, corresponds to substantial downtime, financial losses, and efficiency compromises. Owing to these issues, businesses are now opting for customized power supply solutions that provide […]

Supply Chain Management in Chemical and Petrochemical Manufacturing Industry

Maintaining an industry that drives almost all the other major manufacturing units, be it pharma, fuels or industrial chemicals, is quite a challenge. Supply chain management (SCM) in chemical and petrochemical industry is all about planning, sourcing, manufacturing, and delivering goods, and all this process demands precision, efficiency, and compliance without any compromises.  These industries […]

Upcoming Challenges in Oil and Gas Supply Chain Management

The oil and gas industry is a giant powerhouse for a reason. Behind all the major economic moves, this stands firm. Be it about fueling the industries, driving innovation, sustaining global infrastructure or strengthening a country’s energy sector. However, everything good comes at a cost. And that cost is the emerging challenge threatening the supply chain […]

How to automate your data cleansing process in MRO

data cleansing

Are you up for losing $15 million or more annually?  Don’t get us wrong. It’s just the facts. For example, if you’re still not taking your data cleaning process seriously, you must get ready for the consequences you may face.  According to Gartner reports, organizations lose approximately $15 million annually due to poor data quality.  […]

Optimize Your MRO Operations: A Step-by-Step Guide

mro operation for business

MRO is short for Maintenance, Repair, and Operations. It is a common term used in industries like aviation, manufacturing, and energy, where machinery and equipment require regular repairs and upkeep. MRO Inventory consists of supplies businesses keep on hand to make sure all their facilities and operations run smoothly. These items include spare parts needed […]

What is the Difference Between Supply Chain and Procurement?

Supply chain and procurement

Ever found yourself confused between ‘Procurement’ and ‘Supply Chain’? You’re not the first one. These terminologies are often used interchangeably, and on the surface level they might seem like the same thing. But they are not. Procurement focuses on the ‘Input’ (sourcing, negotiating, & purchasing of raw material/services). Whereas, Supply chain management oversees the ‘output’ […]

Who OWNS Versus Who BENEFITS from Your MRO Data

Benefits of MRO data

In many organizations, confusion exists about who has responsibility for MRO data ownership (maintaining your MRO materials data in the company’s item master), crucial for effective MRO maintenance versus who are the users or beneficiaries of the data. Often, the owners and the beneficiaries of the data are not the same. The owner of the […]

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