Plant asset data should be genuine, complete, trustworthy and should provide relevant information. Data integrity refers to data accuracy that provides usable, reliable information for
Today’s business world is posed by the high pressure of increasing overall efficiency and cost optimization, especially the asset-intensive organizations, as they are challenged to
Spend analytics is the foundation of all procurement initiatives of most organizations and should be in alignment with critical supply chain strategy. Spend analytics provides
Effective asset management at any plant involves multiple functions and is a process that begins even before the plant begins operations and continues even through
MRO Taxonomy is a comprehensive standard set of commodity categories with a clear definition of Noun Modifier(s) along with associated attributes arranged in a sequence
Globally, all Organizations work steadily towards making their businesses more profitable. Every new market, competition, and technology adds up to more and more business challenges.
The CMRT or the Conflict Minerals Reporting Template, standardized reporting template developed by the Responsible Minerals Initiative (RMI) that facilitates the transfer of information regarding
“BIM or Building Information Modelling is a process for creating and managing information on a construction project across the project lifecycle”. BIM has been around since
What prompted the need for Prop65? Proposition 65, which is officially called the Act of Safe Drinking Water and Toxic enforcement, was first enacted as
