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Author: NHDAdmin

Why should you care about blue-collar contractor trends?   This is part 2 of our series which delves into five emerging trends asset-intensive companies can expect from their contractor workforce in 2024.  In Part 1, we highlighted the first two trends which touch on the following: Global contractor shortages are driving up costs and reducing quality. The elimination of degree requirements by companies outside the asset-intensive space acting as an indirect...

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Why should you care about blue-collar contractor trends? As we are well on our way into 2024 there are now several dozen articles on the major employment trends that are likely to impact the market this year.  Many of the articles available examine the trends for direct labor (i.e. full or part time hires to a company), contingent labor (i.e. staff augmentation), and/or service workers (i.e. white-collar workers)...

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Can Savings Shift Their Shape?  In today’s highly digital world, chances are pretty good that you have at some point been impacted by or actively participated in a software implementation or update. There are many reasons why companies choose to acquire or update their existing software, one of the greatest being the potential cost savings tied to making the changes. Acquiring new software or making upgrades can...

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Going Back to the Basics of Procurement SoftwareWhat is your procurement software legacy? Have you considered that the software decisions you make today, from the acquisition to the modifications, can have lasting impacts on the long-term success of your company? If you are like most professionals, you probably haven’t given deep thought to the legacy you are leaving behind as it relates to your procurement software...

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/*! elementor - v3.15.0 - 09-08-2023 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}Contractor Procurement: Going Global? Managing a global contractor program in an asset-intensive industry comes with a high degree of complexity and is regularly impacted by outside forces that affect how business is conducted. Some of the unique forces that shape and create changes in global asset-intensive contractor programs, such as those in Oil &...

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/*! elementor - v3.15.0 - 09-08-2023 */ .elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))} /*! elementor - v3.15.0 - 09-08-2023 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}A Perspective on Turnkey Projects in the Oil and Gas Production Sector /*! elementor - v3.15.0 - 09-08-2023 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=".svg"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} Introduction Oilfield services companies play a critical role in supporting the oil and gas exploration and production sector, providing essential expertise, equipment, and services to enable...

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/*! elementor - v3.13.2 - 11-05-2023 */ .elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}It may seem counterintuitive to rush out and purchase software in financially challenging times. However, investing in the right software solutions during all these challenges can be a strategic move that yields long-term benefits for businesses. By leveraging technology to optimize processes, improve management, and stay competitive in a rapidly evolving market, businesses can position themselves for growth...

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/*! elementor - v3.8.1 - 13-11-2022 */ .elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));-ms-flex-item-align:stretch;align-self:stretch;-ms-flex-negative:0;flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))} May 4, 2023BearingPoint and NHD are pleased to announce a strategic partnership that will help companies maximize the impact and return on their contractor workforce management.Ralf Dillmann, Partner with BearingPoint, and Dietrich Pankratz, Managing Director with NHD, participated in a Q&A to provide more details about this new partnership. What do your companies do? Dietrich:NHD is a software company which...

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/*! elementor - v3.8.1 - 13-11-2022 */ .elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));-ms-flex-item-align:stretch;align-self:stretch;-ms-flex-negative:0;flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))} In part 1 of this blog series, we looked at a commonly utilized solution, the contingent-centric Vendor Management Solution (VMS) and explored why it may not be the best primary solution for asset intensive industries looking for holistic external workforce management.We explored how asset-intensive companies often have much of their external labour from complex service contracts as opposed to...

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/*! elementor - v3.8.1 - 13-11-2022 */ .elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));-ms-flex-item-align:stretch;align-self:stretch;-ms-flex-negative:0;flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))} Asset intensive companies, such as those in the automotive, chemicals, aviation, and oil and gas industries, have some of the largest utilization of external labour on a global scale. Complex service agreements, high-volume contracts, and staff augmentation/ contingent labour can easily make up more than half of the total labour performing work for asset-intensive companies. Yet, there remain major...

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