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American Electric Power (AEP) and Oniqua to Co-Facilitate Roundtable Discussion at 2016 Power Plant Management and Generation Summit

AEP and Oniqua to lead discussion on optimizing MRO spares and materials to improve material availability, significantly reduce O&M costs and increase uptime

DENVER – October 13, 2016 – Oniqua Intelligent MRO, the leader in MRO spares and materials optimization for asset-intensive industries, today announced it will co-facilitate an interactive roundtable discussion with customer American Electric Power (AEP) at the upcoming Power Plant Management and Generation (PPMG) 2016 summit. The PPMG summit will be held October 23-25, 2016 in Houston, TX.

Oniqua and AEP’s session will focus on strategies and tactics for optimizing MRO spares and materials to improve material availability, eliminate unnecessary costs, improve visibility to essential data and eliminate time-consuming manual efforts. Discussion topics will include the following:

  • Establishing objective spares criticality rankings
  • Dynamically segmenting inventory
  • Maintaining the right mix of inventory
  • Streamlining potential stranded reviews
  • Improving collaboration between maintenance and supply chain teams
  • Prioritizing and streamlining workload through exceptions management

North American power generation companies are under tremendous pressure to maximize asset uptime and improve service levels, while also reducing operations and maintenance costs. The continuous optimization of maintenance spares and materials positively impacts both a reduction in downtime and cost reduction objectives.

“Oniqua has been helping asset-intensive companies for the past 25 years address the perennial challenges of inventory growth, unnecessary costs and inadequate service levels,” stated Steve Sotwick, Vice President, Business Development for Utilities Oniqua Intelligent MRO. “I look forward to working alongside our customer and partner AEP to share our collective knowledge and experience with other utilities to help them start down a path of MRO inventory optimization maturity.”

The Power Plant Management & Generation Summit is the premium forum bringing senior power generation executives, plant managers and industry thought leaders together. As an invitation-only event, taking place behind closed doors, the Summit offers solution providers, energy executives and senior plant managers an intimate environment for a focused discussion of key new drivers shaping the future of the Power Generation industry.

Oniqua is proud to serve many of the world’s leading energy and resources companies, including American Electric Power, Tennessee Valley Authority, BHP Billiton, Nebraska Public Power District, ConocoPhillips, ExxonMobil, Newmont Mining, Rio Tinto, , and many others.

Oniqua is owned by international oilfield support services company ASCO. The company employs over 2,500 people in four key regions, and offers a wide range of services including inventory and materials management, offshore supply base management, onshore oilfield support, environmental services, personnel and training, advisory and technical services as well as fuel services.

For more information on the PPMG Summit, please visit: http://www.ppmgsummit.com/