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Optimizing Critical Maintenance Spares and Material Inventories for Petrochemicals

In the current energy environment, and especially for the petrochemical industry, profitability depends on operating efficiency – which requires keeping costs low, service levels high and unplanned downtime to a minimum.

Having the right spares and materials available when needed, to perform both planned and unplanned maintenance, is clearly essential to reliability and safety. However, a variety of factors make accomplishing this goal extremely difficult, such as the sheer volume of items, diversity of equipment, potential lack of established BOMs, varying levels of criticality, inconsistent lead times, slow and lumpy demand history, consideration of upcoming projects, repairable items and the time required to gather and organize essential data for decision making.

Oniqua Intelligent MRO is designed to directly address these and other challenges related to optimizing critical MRO spares, materials and maintenance management. OAS integrates your reliability / engineering teams’ business logic with MRO-specific predictive models. The level of automation that OAS provides makes it possible for Oniqua’s global, multisite clients to optimize their spares and materials every month, resulting in:

  • Improved service levels
  • Mitigation of production risks
  • Enhanced reliability and safety of assets and infrastructures
  • Improved operational and plant efficiencies
  • Optimized maintenance supply chain processes
  • Reduced costs
MRO Asset Optimization

Leveraging MRO Inventory Optimization in Oil and Gas

Oil and Gas sector to leverage MRO inventory optimization to improve their APM results: An LNS paper