Monday, December 21, 2009

Canada-based Global Oil & Gas Company Selects MetricStream Platform for Supplier Governance

MetricStream, Inc., the bazaar baton in the enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions today appear that a Canada-based Global Oil & Gas Company has called MetricStream for supplier babyminding through above assessments, audits, inspections and achievement administration of its suppliers.

The applicant is a all-around activity baton complex in the exploration, development, assembly and business of awkward oil, accustomed gas and ability with all-embracing operations. The circuitous oil and gas analysis and development operations absorb accommodating with abundant suppliers and breath assurance with suppliers is analytical for affair goals for quality, compliance, babyminding and ecology protection. MetricStream Supplier Governance band-aid will abutment anatomic areas such as Supplier Quality Assessment, Supplier Audits, Product Inspection, Quality Surveillance, Modularization, Construction Inspection and Acceptance Certification for the customer. By replacing paper-based and chiral processes with the web-based MetricStream solution, the applicant will apprehend the afterward benefits:

1. Reduced Cost of Poor Quality: Enhanced arrangement abutment will accommodate above advice for bigger and appropriate decisions to abode above issues, aspersing the appulse on costs and agenda

2. Improved Issue Management: Efficient monitoring, classification, escalation, resolution and advertisement of above issues will advice accomplishing activity objectives and deliverables

3. Enhanced Decision Making: Current and complete advice will acquiesce added assured decisions based on an cold accumulating of affirmation and facts, accurate by metrics and advertisement

4. Better Communication: Improved advice and abstracts administration amid the above administration team, 3rd affair inspectors, partners, suppliers and added stakeholders

5. Process Efficiency: Increased ability of absolute supplier above and achievement administration processes by automating and amalgam absolute operational practices

6. Resource Optimization: Better use of animal assets committed to amount added tasks, such as appraisal and accommodation making, against chiral administering and organization

7. Continuous Improvement: Centralized above affair tracking will advance into a ability abject for abeyant improvements above the alignment

8. Enhanced Supplier Relationships: Sharing achievement after-effects and areas for advance with suppliers will lower the amount of poor above and strengthen the partnering relationships

Deployed at above energy, oil and gas companies, MetricStream provides an industry arch belvedere to drive enterprise-level Governance, Risk and Compliance (GRC) and Quality Management programs through configurable workflows, real-time advertisement and anchored best practices. With a ample band-aid footprint, MetricStream facilitates automation in analytical areas such as Internal Audit, Policy Management, Financial Controls, IT-GRC, Ethics & Issue Management, Nonconformance Recording, Corrective Actions (CAPA), Quality & Compliance Audits, Occupational Health & Safety and Environmental Compliance.

About MetricStream
MetricStream is a bazaar baton in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for all-around corporations. MetricStream solutions are acclimated by arch corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, BP, Subway, Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in assorted industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to administer their above processes, authoritative and industry-mandated acquiescence and accumulated babyminding initiatives, as able-bodied as by over a actor acquiescence professionals common via the www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be accomplished at www.metricstream.com.

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