Prospecta

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A leading energy company uses MDO for...

The client is an American global independent energy company which was engaged in the exploration and production of crude oil and natural gas. A Fortune 500 corporation and is headquartered in New York city.

Business Challenges:

  • Effectiveness of the implemented MDG tool.
  • The initial data which was entered manually that was full of errors and inaccurate.
  • Procurement had lesser visibility in the spend for spares at the plant level.
  • No system for Supplier collaboration.
  • Their current solution also did not automate the follow-on processes of a Material Master Process.
  • Multiple high-cost subscriptions for business process automation. 

Solution Area:

MDM, DIW & FUSE

  • A  process of managing spare parts with requestors, and defined approvers at the plant and head office.
  • Streamlined the process of both individual and mass processes with defined SLA’s globally with more automation.
  • Removing existing duplicates and standardizing their current spare parts using MDO Global Spare Network.
  • A strong validated data acquisition process with built-in cataloging functionality of MDO MDM.
  • Single platform for automating multiple business processes.

Business Benefits:

  • Accurate definition of parts helps in strategic sourcing.
  • Reduction in Operational Inventory Cost.
  • Quicker turnaround for breakdowns and maintenance activities.
  • Integrated process that brings supply and maintenance together.
  • Managing multiple business processes within same user login.
  • Cost saving on disparate business application subscriptions.
  • Effective end-user training with minimal Change Management.