case study - genpact · case study improving bill of materials management for an oil and gas...
TRANSCRIPT
PROCESS • ANALYTICS • TECHNOLOGY
GeneratinG enGineerinG impact
Case Study
improving Bill of materials management for an oil and gas company decreases time to markets and saves cost
A global oil and gas company providing industry-leading drilling and production applications.
Business challenges• Non-standardized engineering and sourcing
processes led to incorrect parts procurement, inventory pile up, and high maintenance cycle time
• High number of field assets (250+ globally) without an engineering Bill of Materials (BOM)
• Historical technical data of most assets distributed in multiple, disparate IT systems
Genpact solution• Created detailed process maps through
cross-functional workshops with operations, engineering, and supply chain
• Updated BOMs by comparing data derived from multiple IT systems
• Provided predictive reporting for accurate contractual spares availability
• Created repair schedule-based spare parts requirement forecasting
Business impact delivered• Reduced time to market by two months
• 3% cost savings through better spare parts availability
• Clean BOM for all assets
www.genpact.com/home/solutions/industrial-solutions/engineering-services
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