“Making the most of what you have” and “doing more for less” are notions that have been repeated many times throughout the energy industry but has that helped your business? Or do you end up doing less with less and put your business at more risk, under more pressure?
Downturn or no downturn, we believe that oilfield equipment should be fully utilized and creating revenues at all times. For equipment rental businesses, making the most of what you have means achieving more through efficient and effective automation of processes; it’s as simple as that.
Setting and enforcing processes such as Standard Operating Procedures (SOPs) to help outline inspection, repair and maintenance activities, will ensure fast turnaround of returned equipment and confirm that any existing stock is performing at its best.
TRACS is a management system that supports and complements the application of these processes company-wide. By maintaining all procedures alongside a complete catalog of equipment stock in one secure software solution, you gain visibility of all your equipment, anywhere, and its live status to make quick and informed decisions.