Customer: Kuwait National Petroleum Company (KNPC)
Project Status: Completed and currently running.
Business Needs: Automation of core KNPC business processes to achieve the goal of SMART Refinery and at the same time reduce costs and strengthen KNPC’s competitive position.
Solution Provided: KNPC implemented IBM Maximo for Oil and Gas software as its asset-management solution. The solution provides maintenance control through integration with the company’s finance, commercial, maintenance management, materials management, Inventory management, contract management and operations departments.
Technologies used: IBM MAXIMO for Oil and Gas, IBM MAXIMO for IT Asset Management, IBM Maximo Everyplace, IBM Maximo Anywhere.
- Improved desktop cycle times.
- Reduced the data transfer rate by 88 percent.
- Decreased invoice cycle times by 92 percent.
- Cut purchase cycle times by 90 percent.
- Improved the procurement cycle.
- Decreased the time needed to complete asset maintenance.
- Enhanced the work order preventative-maintenance versus corrective-maintenance ratio.