RFID Solutions in the Oil & Gas Industry Asset Management in the Oil and Gas Industry Today, oil and gas
Track real-time fixed asset inventory and track asset spending and capitalization. Empower your finance team with total visibility and control of assets to eliminate ghost assets & ensure accurate financial statements.
Improve operational decision making and material management workflow optimization through advanced visual analytics
SmartX HUB's Fixed Assets are highly configurable. With it, asset managers can schedule, track & conduct multiple Inventory Inspections and Reconciliations across various sites using a single, easy-to-use mobile platform.
The SmartX HUB® FAM - Fixed Asset Manager Platform is a powerful tool that will help you in managing your inventory and quickly locate the assets. In it, users can view important information about your asset like status, current location, container location, bar codes, RFID and serial numbers.
The SmartX HUB solution dramatically raises asset efficiency, helping you to reduce purchases and optimize your rental program. Shrinkage control reduces lost, stolen or misplaced assets, with annual savings in the tens or hundreds of thousands of dollars.
Merge with EAM and supply chain processes to optimize fixed asset management, and view asset summary reports, asset master changes, and capitalization - all in one place.
Whether online or through our Mobile App, you and your team have on-demand access to asset information anytime, from anywhere, on the smartphones, tablets and computers you’re already using.
Audits, spot audits and inventory counts achieve (or approach) 100% accuracy and completeness. Regulatory compliance is as a result much easier to meet.
Audits and inventory counts are completed 50-90% faster than counts done with manual or bar code methods, saving both valuable personnel hours and substantial auditing cost.
Based on clients’ best experiences.
The ability to virtually automate asset management practically eliminates the need for staff to spend time inventorying assets and tracking down specific assets that are lost or misplaced, or require maintenance, repair or destroying. Some customers have reported as much as a 95 percent reduction in asset tracking time.
Asset ownership or responsibility is far easier to track and reconcile. This is an especially important benefit during office moves, facilities audits or data center expansion, consolidation situations or in production environments. It also adds to audit compliance ease.
Through greater asset visibility, and through the use of smart alarms, asset security is vastly enhanced.
By retaining the last known location of the tagged assets, the RFID enabled solution provides inventory location information for assets across the facility. This perpetual inventory not only provides location data to help staff locate assets but creates an efficient method to account for equipment inventories.
Track rental equipment to ensure assets are returned on time and analyze utilization data to optimize the balance between capital and rental equipment—significantly lowering operational costs.