Enhanced maintenance effectiveness, better cost control and optimized inventory among benefits to transportation authority operating in one of the largest, most populous U.S. counties
DENVER, Aug. 14, 2013 /PRNewswire/ — Oniqua MRO Analytics (Oniqua), the leading provider of analytics-based MRO optimization solutions for asset-intensive industries, today announced that Los Angeles County Metropolitan Transportation Authority (Metro) has chosen Oniqua Analytics Solution (OAS) to optimize the agency's equipment spares inventories in order to enhance maintenance effectiveness and control costs.
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"Metro's asset maintenance inventory is complex and unique. We maintain 20 warehouses throughout Los Angeles County to provide inventory and parts to maintain our railcars, buses and operating facilities. Efficient and effective management of the nearly 16,000 active materials used to maintain our equipment and assets is essential to meet our service and safety goals," stated Robert New, Deputy Executive Officer, Acquisitions & Supply Chain Management for Metro.
Metro provides bus and rail service for one of the largest, most populous counties in the United States. More than 9.6 million people – nearly one-third of California's residents – live, work and play within Metro's 1,433-square-mile service area. Metro operates a fleet of more than 2,200 coach buses, and its rail assets include more than 270 rail cars running on over 79 miles of track. The agency serves as transportation planner and coordinator, designer, builder and operator.
"Metro needed an inventory optimization solution that could provide our material planning staff with replenishment calculations for each material item held in inventory at each inventory location across the agency, and interface seamlessly with our M3 ERP system," said New. "After conducting a detailed RFP process and performing comprehensive due diligence, we found that Oniqua and OAS provide the analytics features, capabilities and scalability to meet Metro's inventory optimization objectives."
With OAS, Metro's inventory management team will be able to consistently supply materials congruent with customer demand; calculate materials stocking levels to meet materials demands at each location; manage the life cycle of each material held in inventory; and maintain targeted levels of material availability.
"OAS inventory optimization capabilities will automate the inventory review process resulting in improved inventory levels, reduced surplus and overall cost savings for Metro," says Steve Sotwick, Vice President of Business Development, Oniqua. "The enterprise-wide solution will be configured to handle the complexity of Metro's material catalog and will be adaptable to the changing needs across Metro's operations."
Oniqua consulting services will help ensure that Metro gets the most out of its investment in OAS by helping users streamline processes and implement best practices.
Oniqua has extensive experience helping asset intensive businesses reduce risk and lower costs while maintaining or improving service levels. Oniqua serves a large array of clients within and beyond the transportation industry, including Orange County Transportation Authority, Tennessee Valley Authority, ConocoPhillips, Rio Tinto, Newmont Mining, and many other asset-intensive companies around the world.
About Oniqua MRO Analytics
With operations in the Americas, Africa and Asia-Pacific regions, Oniqua is the world's leading MRO (Maintenance, Repair and Operations) analytics software company. Oniqua helps organizations maximize profits, savings and efficiencies by minimizing MRO waste, and delivers a positive return on investment in as little as three to six months. Oniqua Analytics Solution (OAS) leverages customers' transactional data by applying advanced analytics to identify inefficiencies and ensure that their maintenance, inventory and procurement operations run as efficiently as possible. Oniqua is proud to serve the world's leading companies in the oil and gas, mining, utilities and other asset-intensive industries, including ConocoPhillips, BP, Apache, Tennessee Valley Authority, Nebraska Public Power District, Orange County Transportation Authority, Vale, Codelco, Rio Tinto, Anglo Coal, BHP Billiton, Newmont Mining, Alcoa, Xstrata, Fortescue, Drummond Company, Freeport McMoRan and many others. www.oniqua.com
Oniqua is part of ASCO Group, the international oil and gas services company.
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