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amount of time, schedule it for replacement, and alert procurement about the need for replacement. Procurement then can cite field performance data in negotiating terms with the supplier of that bit, or decide to turn to an alternative supplier whose bits last longer.
Approaches like this not only are helping energy companies modernize their existing field operations, they’ re also positioning them to take advantage of new exploration and production opportunities around the world. ■
Robert R. Davis II www. sap. com
As a member of SAP’ s oil, gas, and energy industry business unit, Robert R. Davis II provides thought leadership and global solution management to companies around the world. A global leader in enterprise applications and business AI, SAP stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience.
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