Scope Of Work: ERP for Contract Lifecycle Management
Mashhor provides a range of services to oil and gas companies in Southeast Asia, including steel fabrication, mechanical and civil construction, piping, and pipeline fabrication, as well as blasting and painting. They specialize in executing complex, multi-year contracts based on client-defined work orders.
Effective Contract Lifecycle Management (CLM) is crucial for oil and gas companies operating in a highly regulated and uncertain environment. CLM helps manage contracts, reduce risks, ensure compliance, and improve profitability.
Key factors for Mashhor's success include:
Strong Customer Relationships
Technical Expertise and Experience
High-Quality Service Delivery
Rigorous Safety and Compliance Standards
Adherence to Regulatory and Environmental Requirements
Improved Outcomes:
Faster Response Times: Real-time information sharing enables quicker responses to tenders and requests for proposals.
Enhanced Collaboration: Improved visibility and tracking of contracts and updates fosters better collaboration between departments.
Streamlined Contract Management: Efficient tracking of multi-year contracts, work packages, and compliance requirements.
Enhanced Quality Assurance: Robust checklists and workflows ensure adherence to quality standards and industry best practices.
Improved Workforce Development: Effective tracking of employee training and certifications.