Sections: Inner Blogs

As product users demand more and more product performance value for their money, product cost management becomes imperative. Product cost management begins as early as the conceptualization and design stage in the product life cycle (PLC). About 70% of product cost commitment decisions happen during these initial phases and the rest being decided by the

An established Service Management framework lays emphasis on value creation for the customer, delivering strategic value to the business, providing definition for the business value of a service and will certainly have the customer’s influence on the framework. Following are some of the key benefits to customers when an engineering service provider operates on the

Aerospace is one of the largest consumers of the composites industry. Composites are used considerably in the manufacture of commercial aircraft, military craft, helicopters, business jets, general aviation aircraft and space craft. The constant call for lighter and more efficient aircraft will continue to propel business opportunities for composite material, parts and airframe structure manufacturers

Many a time, amongst other factors, culture plays a major role in the success or failure of a process, system, business, industry, and economy. Culture varies from company to company, industry to industry and country to country. The success of business will be based on these deeply set norms and values and how best they

Kevin Lacy, Global Senior Vice President for Drilling and Completions, Talisman Energy (retired), once said, «It’s now statistically safer to work on a drilling rig than on a farm or a construction site. But if you factor in well control as a measure, and you create a safety scale of one to four, I’d put

At QuEST our tagline “Born to Engineer” wraps up very nicely who we are, what we do and our approach to conducting business. We have customers, colleagues who join us, others who may have left us, play back to us that this is indeed a very unique aspect about QuEST. An engineering approach to most

Recent Trends The importance of physical asset management to a company’s success has increased over recent decades. Automation is one reason for this trend, as it has forced industries to delegate more tasks to machines, thereby making maintenance more crucial. The perceived significance of maintenance by management spans a wide variety of perspectives. Some see

With the oil and gas industry operating in increasingly remote geographical locations, harsher environmental conditions, employing newer and unconventional processes for extraction, the importance of managing physical assets has started sinking in and managing these assets has become critical. This has in turn enabled a wholistic approach; one that is more balanced and inclusive of

Post identifying a supplier, supplier management becomes a key imperative to successful implementation of an outsourcing strategy. Many companies with limited experience in outsourcing underestimate the difficulties associated with integration of the service provider to their processes. More experienced companies have dedicated teams assigned to manage and facilitate the integration and implementation of outsourcing. Current

Engineering companies need to dig deep and ensure that their outsourcing services partner comes with the necessary domain expertise and relevant field experience backed by a strong commitment towards process orientation and maturity. By creating a self-sustaining Center of Excellence (CoE) and clearly distinguishing roles and responsibilities, organizations can ensure process and delivery consistencies within