A leading energy company uses MDO for Spare Parts Management

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.