Typically the energy industry has not expended a lot of resources in supply chain optimisation and material management efficiency as the other industries with smaller profit margins have needed to remain competitive in consumer product good markets.
These industries have slim profit margins and a business which is dependent upon supply chain efficiency. They rely on lean and efficient supply chain and can only sell products, if they are available on the shelf at the right time for their customers.
With supply chain management increasingly significant to the industrial gases business, and project costs under such scrutiny in the oil and gas sector, the appetite for tracking technologies and asset management solutions only grows.
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