Oracle Service Parts Planning for EAM – Featuring Barrick Gold

Please join Inspirage, Oracle and Barrick Gold for a webinar covering best practice methodologies for Service Parts Planning for Oracle Enterprise Asset Management customers.

Service Parts Planning for EAM improves the use of both time and money by the integration of Oracle’s Enterprise Asset Management with Oracle’s Service Parts Planning and Value Chain Solutions. The integration of MRO material requirements for planned maintenance, incorporation of estimates of part remaining useful life from condition based maintenance systems, and the use of organization level service parts usage to forecast unplanned “break-fix” material increases maintenance efficiency by providing higher MRO inventory service levels, improved collaboration with suppliers, and reduced inventory levels. The maintenance and material team now have integrated processes and data necessary that increases the probability of having the right parts, at the right place at the right time to meet the desired level of asset availability.

Companies that have invested in Oracle’s Enterprise Asset Maintenance solution can now include best practices like condition based maintenance to improve the proactive management of MRO inventory. Inspirage’s Norm Messenger will discuss the future of Service Lifecycle Management and best practices in implementing SPP.

Learn how Barrick Gold leveraged Oracle Service Parts Planning to:

• Use EAM consumption data to forecast future demand at mining locations
• Employ SPP inline forecasting
• Perform Inventory Optimization at the mining org level for critical spare parts
• Transition from static min-max planning to demand driven, time-phased planning with SPP
• Integrate SPP with multiple global Oracle ERP instances and versions
• Implement a centralized planning organization
• Employ change management to gain adoption of the new processes by maintenance and operations
• Provide financial savings through inventory savings