POSC Frequently Asked Questions

What are the benefits of POSC membership?

A number of the benefits are cited below. Please contact POSC (info@posc.org) with any questions.

POSC Member Benefits

Participation in POSC can result in a positive influence on a company's business return - business re-engineering empowerment, reduced cost, reduction of cycle time.
Participation can result in a significant influence on POSC's business plans.
Participation significantly influences POSC's current and future development and maintenance of POSC deliverables.
Actively participating in POSC provides a greater understanding of the vendor and oil community, and projects currently planned or underway.
Actively participating in POSC provides vendors a tremendous benefit in understanding and assessing petroleum industry needs through exposure to multiple customers in a non-sales environment.
Early access to specifications and work in progress provide capability for earlier implementation and realization of savings.
Membership provides an outstanding opportunity for collaboration in joint development projects which can result in cost reduction, faster implementation, and risk sharing between oil companies and/or vendors.
Membership provides a platform for collaboration for learning - participation in meetings, work groups and joint projects means a faster/quality learning cycle; learning from "early adopters" reduces take-up costs.
Learning experiences are a direct result of participation in POSC; it allows one to seek input through outside ideas.
Assignment of personnel to a short-term (one year) loanee program provides in-depth hands-on training/understanding. This is an effective way to create an in-house POSC expert; and can be used as a tool for technology transfer and/or for internal marketing of POSC benefits within the company.
Membership provides a good return on membership fee investment, a staff of 30+ working on your problems.
Obtain immediate leverage of your investment -- you are taking advantage of four (4) years work, 175 man years, and $23 Million effort. +, +
Oil company membership sends a clear message to supplier community the desire for and willingness to invest in standards.
Supplier membership demonstrates commitment to this industry segment.
Oil company membership is a way of providing corporate support to the overall industry - industry data & computing standards provide significant benefit to all.

Updated: February 21, 2001. Send questions and comments to webmaster@posc.org