How Dynamics 365 ERP Will Impact The Oil & Gas Industry
Digital Transformation for Oil & Gas Services
• Oil and Gas companies have numerous challenges in running business operations and staying competitive and profitable with the changing market trends.
• Microsoft Dynamics 365 ERP is the perfect solution to streamline all the oil and gas ecosystems and business processes.
Processes in business operations
Oil and gas services have three distinct processes in business operations.
1. Upstream: The exploration and production of crude oil and natural gas.
2. Midstream: The transportation and storage of crude oil and natural gas,
3. Downstream: The conversion of crude oil and natural gas into several finished products.
Dynamics 365 ERP streamlines all upstream, midstream, and downstream processes seamlessly and efficiently.
How Dynamics is connected to Cloud ERP for Oil & Gas Services
• Microsoft Dynamics 365 ERP enhances cloud computing strategy by connecting operations, products, clients, and services and simplifies and connects business processes, improving customer relations and boosting growth.
• Dynamics 365 has a field service component to provide connected field services to optimize your resources, such as dispatching the right technicians to troubleshoot and resolve the issues in real time.
What are the Dynamic field services in oil & gas
• Dynamics 365 field service business application allows oil & gas companies to manage a mobile workforce by scheduling resources based on the requirements.
• You can create work orders to assign field service engineers to fix on-time breakdowns and periodic maintenance. Customer agreements allow for generating work orders and invoices for the field workforce.
• In the field service, you can generate purchase orders to add inventory to your warehouse and transfer inventory from one warehouse to another if you have multiple warehouses and products that need to be available in the required warehouse.
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