Optimization for Operational Inventory | Built for When More Than Profit is on the Line
Materials IntelligenceBuilt for You
Energy firms like yours typically understand they’re carrying more materials than what’s needed to preserve reliability. Unfortunately, this is traditionally a very manual process involving the lengthy cleansing and combining of data from disparate sources and prevents optimization projects from getting off the ground.
Leveraging a partner like Verusen helps you streamline operational inventory management by automating data consolidation and analysis, resulting in increased resiliency and a reduction in working capital.
Download our ebook "5 Reasons Why Companies Struggle with MRO Optimization" to gain key insights and solidify your inventory strategy
Providing necessary services to households and facilities means added pressure to ensure reliability, not only on a day-to-day basis, but when things go wrong. When MRO is not properly optimized, customers go without heat and electricity.
Having an accurate account of both safety-related and standard inventory items is necessary at all times for energy companies to assess, strategize, and mitigate shortages or unexpected deficiencies. Safety-related items must be categorized as such, requiring a tedious accreditation and certification process.
Using Verusen’s AI-based Material Truth™ materials management platform enables data harmonization across multiple systems and locations and ensures that when an inevitable problem occurs, you know you have the supplies to resolve it.
Balancing risk while driving down costs is easier said than done, especially if you lack the right technology and processes. Manual materials management means more internal resources, lower efficiency, and ultimately higher costs.
Internal cost savings mean cost savings passed to your customers. Avoid costly downtime and manual processes when you implement a material management solution like Verusen.
Mergers and acquisitions are common scaling and cost saving strategies that enable manufacturers to increase market share, create longevity, and increase revenue and profitability. Unfortunately, M&A activity can significantly disrupt workflows and often take year to successfully migrate all necessary components into the larger organization.
During this transition, MRO and spare parts inventory management can slip through the cracks and severely handicap synergy in your M&A strategy. Avoid costly downtime and manual processes when you implement a material management solution like Verusen.