Remove Book Remove Inventory Management Remove Order Management Remove Risk Management
article thumbnail

Six EAM trends pushing the oil and gas industries forward

IBM Business Partners

EAM systems can include functions like maintenance management, asset lifecycle management , inventory management and work order management, among others. Inventory management : Managing an inventory of spare parts and materials is a significant challenge for oil and gas companies.

article thumbnail

Business process management (BPM) examples

IBM Services

Benefits: Automated claim processing Reduced processing times Enhanced visibility Compliance and risk management By automating routine tasks and implementing predefined rules, BPM enables timely compliance with regulatory requirements and internal policies.