The energy sector is changing fast, driven by increased urbanization, climate change, more active customers and new technological opportunities. The low energy prices, depressed commodities, and low overall economic growth have created a need for the energy industry to transform as well as make savings at the same time.
Today this company is already a leader in terms of its products - two thirds the total energy it provides is CO2-free. However, they have a long-term financial target to ensure that the return on capital employed (ROCE) is at or above 10%. Concretely in today's economy, this means that profit needs to be safeguarded where it can, and capital employed (including working capital) needs to be reduced.
The Refresh Desktop software suite is being used to deliver for every operational item, the practical data needed to make these savings. For example, all current items will be classified to UNSPSC, ISO and in-house standards, de-duplicated at source and described consistently so that they are easily identifiable. MRO and Supply chain savings such as spend rationalization, stock level optimization, and item de-duplication should then simultaneously decrease expenses and overall working capital spent. Given the USD28 Billion asset-base the large ERP system master data and specifically the enterprise asset management system, IBM Maximo will be improved upon by the Refresh software.