As a result, energy companies are increasingly looking to reduce operational costs, improve decision-making, effectively utilize both capacity and assets, and invest in new technologies. With its diverse offerings, Fabit penetrates multiple businesses across the energy value chain, from oil and gas to power generation OEMs, energy services, and transmission and distribution.
Fabit has worked with many Fortune 500 customers in USA, Saudi Arabia and India, helping them implementing ERP Solutions and as well centralize their master data and govern it to be in compliant with local industry and governance compliances.
“The energy industry is in the midst of change like never before, driven by new exploration technologies, production and development processes, and a surge in global demand. Despite this growth, the pressures faced by the industry continue to mount due to stricter regulatory requirements, increasing EHS concerns, global resourcing challenges, and macroeconomic uncertainty. These conditions magnify traditional cost pressures, increase the need for skilled resources, and add significantly to the volume, variety, and velocity of data generated.”
Following are key service offerings…
- Finance and accounting services – End-to-end solutions for the financial supply chain, including accounts payable, order to cash, record to report, and general ledger
- Procurement –End-to-end solutions across both indirect and direct materials for the upstream segment, delivering measurable improvements in compliance, the total cost of ownership (TCO), working capital, and material and services availability
- Logistics and fulfillment support – Helps downstream companies enhance visibility and optimization across areas, including logistics network design, distribution centers, carrier sourcing, and metrics rationalization
- Aftermarket service – End-to-end solutions, focusing on improving the effectiveness and efficiency of service supply chains and thereby improving service revenues and margins
Smart decision services…
- Analytics and research – Delivers insights and intelligence to help companies make smarter decisions and address challenges around regulations, risk, and growth. Key offerings include sales and marketing analytics, supply chain decision services, service contract analytics, energy-trading risk management, and oil pricing analytics.
- Business process re-engineering – Drives process optimization and ongoing effectiveness through the Global Business Services model
IT Services…
- Proprietary process-driven tools across enterprise applications and IT infrastructure management help energy companies maximize their IT investments and operational efficiencies
- Energy companies are able to improve their business processes, increase regulatory compliance, and manage enterprise risk more effectively by partnering with Genpact. Our domain and analytics experts work together to identify inefficiencies in the complex energy supply chain and to provide insights that lead to smarter decisions, thereby reducing costs and improving operating models.
Key differentiators…
- Deep understanding of the energy industry; more than 10 years’ experience working with multiple Fortune Global 500 clients
- Over two thousand industry experts working in a flexible global delivery model (onsite, offshore, right-shore, and near-shore)
- Strong expertise across the value lifecycle; oil and gas engineering services, forecasting, planning, sourcing, procurement, fulfillment, and aftermarket services
- Integrated process, analytics, and technology expertise to deliver superior business outcomes