ERP solutions tailored for oilfield machinery manufacturing companies
As an oilfield machinery manufacturer, the pressure is mounting for more innovative and better-quality products, shorter product lifecycles, and stricter compliance to safety and environmental regulations. An ERP solution delivered with customizations to your business by Rand Group can transform your everyday operations, help you overcome industry challenges, and deliver long-term success regardless of what type of equipment you manufacture.
Streamline oilfield machinery operations with a tailored ERP system
Oilfield machinery manufacturers that partner with Rand Group aim to increase production throughput, cut production delays, eliminate costly inefficiencies, and boost the performance of their machinery and industrial assets through a connected ERP solution. Our oil and gas industry and ERP experts combined with the power of Microsoft, NetSuite, and other leading technologies deliver connected systems that can support any type of manufacturing including drilling and fracking equipment, valves, fittings and flanges, tanks and totes, pumps, trucks, and more.
Rand Group is your long-term partner to help you address industry challenges such as reducing time to market, developing new technologies, customizing equipment for different clients and their drilling environments, balancing supply and demand, and more. We have been serving clients in the oil and gas industry – including numerous oilfield machinery companies – since 2003, and are a certified Microsoft gold partner and Oracle NetSuite Solution Provider.
Maintain strong vendor and customer relationships
Use a single source of information for acquiring, converting, and interacting with your customers and vendors with easy access to all activity, quotes, and billing.
Manage your product and asset lifecycles
Create a shared and singular version of truth for all item master data. Implement an organized and structured method for handling product changes to reduce delays and go-to-market faster, plus maintain strong performance of your assets on the shop floor.
Adapt faster to changing consumer demand and needs
Infuse your planning process with supply chain, sales, and marketing pipeline data to improve demand forecasting so that you can make smarter, better decisions about the future.
White Paper
How to choose an ERP solution for your oil & gas business
From fast-changing regulations to fluctuations in international markets, oil and gas businesses need enterprise resource planning (ERP) software that is flexible, efficient, and amenable to an ever-changing landscape. In this whitepaper, our industry experts will walk you through the process of defining ERP requirements, identifying the necessary modules for your business, and finding a partner to implement the solution.
White Paper
How to choose an ERP solution for your oil & gas business
From fast-changing regulations to fluctuations in international markets, oil and gas businesses need enterprise resource planning (ERP) software that is flexible, efficient, and amenable to an ever-changing landscape. In this whitepaper, our industry experts will walk you through the process of defining ERP requirements, identifying the necessary modules for your business, and finding a partner to implement the solution.
Build and manage multiple production configuration models
The need to configure a product to meet special requirements is nearly the rule instead of the exception when supplying oilfield machinery, including drilling tools, pipes, blowout preventers, mud pumps, frack storage tanks, wellheads, trucks, valves, fittings, totes, and more. For a manufacturer, the ability to support configure-to-order scenarios represents a lucrative opportunity to carefully respond to the needs of the oil and gas customer, plus reduce high costs that are tied to inventory.
Product configuration is an essential tool in your ERP that allows users to quickly satisfy customer requirements by providing access to frequently selected data by using configuration templates. It can save time when you configure items on sales orders, sales quotations, purchase orders, and production orders, and provides a visual overview of the product configuration model structure.
Balance capacity planning and scheduling for optimal performance
Oilfield machinery companies understand the importance of planning the production process so that each operation in the production route is assigned a starting and ending date and time, and that the materials needed for production are available when the operation starts.
With an ERP solution by Microsoft or NetSuite delivered with customizations by Rand Group’s experts, you can complete the following processes in your single system:
- Schedule multiple productions in the order of their assigned priority
- Split production orders based on delivery schedule
- Plan productions based on the capacity of the resources
- Produce an overall schedule for the jobs that are to be performed
- Assign jobs and operations to a resource or resource groups
- Monitor and measure scrap
Manage supply chain volatility
A shaky supply chain coupled with ever-changing demand for oilfield machinery based on commodity prices and market performance is a big challenge for manufacturers today. By implementing a connected, cloud-based ERP system with intelligent supply chain and manufacturing functionality, your organization can better manage volatility, maintain the right level of inventory, and adapt to changing delivery times for the materials you need to produce oilfield machinery for clients.
An ERP system delivered with customizations by Rand Group can help your organization:
- Better track lead times on raw materials
- Negotiate the best price materials and outsourced products based on intelligent insights
- Automatically make substitutions in the manufacturing process if a part or material is not available
- Build redundancy in the supplier network with a fast and sophisticated supplier qualification process
- Accelerate the procurement of direct and indirect supplies by integrating in real-time with vendor catalogs
Industry-tailored solutions for oilfield machinery manufacturers from Rand Group
Rand Group is proud to offer a variety of ERP solutions built by Microsoft and NetSuite to transform the way you run your oilfield machinery operations. Our team will help you evaluate and select the best solution for your business, then implement and customize it based on your specific processes. Explore Microsoft and NetSuite solutions below based on your organization’s unique needs.
Dynamics 365 for Oil & Gas
Dynamics 365 for Oil & Gas is a collection of end-to-end cloud solutions that manage finances, workforces, assets and equipment, projects, customers, and more. It is designed for all sizes of oil & gas companies including oilfield services, drilling, machinery, and others to connect and provide visibility to every aspect of the business.
Dynamics 365 Field Service
Dynamics 365 Field Service is a connected field service solution that uses intelligent IoT, machine learning, and mixed reality capabilities to enable proactive field service operations, effective resource scheduling, drive technician productivity, increase asset uptime, and boost customer satisfaction.
NetSuite ERP
NetSuite ERP gives organizations clear visibility and control of their business from financials to supply chain, order management, procurement, production management, and warehouse management. It is scalable to meet the needs of all sizes of organizations and is highly customizable to the oil and gas industry.
NetSuite for Manufacturing
SuiteSuccess Manufacturing by NetSuite is a unified suite to support manufacturing needs including forecasting, supply chain, shop floor scheduling and capacity monitoring, work order management, procurement, and fulfillment. It can support highly specialized manufacturers, including oilfield machinery.
Related Insights
Top 5 2023 industry trends for the oil and gas industry and the role of modern Cloud ERP
The oil and gas industry has undergone significant transformations, and 2023 is no exception. From sustainability efforts to technological advancements, several trends are reshaping the landscape. In this blog, we will explore the top five industry trends for 2023 and how modern Cloud ERP systems can play a vital role in supporting and enhancing these developments.
Technology trends in the oil & gas industry
From rapidly-changing regulations to fluctuations in commodity prices, oil and gas businesses know the importance of staying agile and ahead of the competition. One way to combat industry changes is to stay up-to-date with the latest technology trends and evaluate if any make sense for your organization.
Digitize your oil & gas operations with a cloud-based ERP
The oil and gas industry is a volatile one, highly susceptible to fluctuations due to a variety of factors beyond just commodity prices. Because of this, businesses in the industry need the ability to make fast decisions and adapt processes to meet a changing landscape. One of the many ways to keep your business agile is through flexible software that meets your changing needs.
Let’s talk about how we can transform your business
