Company is the largest drilling rig contractor in Canada, with operations spanning across Canada, USA, Saudi Arabia, and Kuwait.<\/span><\/p>\n Company aimed to transform its asset management processes and procedures to align with industry best practices.\u00a0 To do so, they needed to revamp their master data by building Bills of Materials (BOMs), and creating standardized and scalable processes.<\/span><\/p>\n After two unsuccessful years of creating BOMs within SAP, Company went back to the drawing board and adopted AIC as the home for their BOMs.\u00a0 Aided by Metanoia\u2019s services, which build BOMs from OEM parts catalogs, they were armed with Interactive BOMs for their international division within 6 months of implementation.<\/span><\/p>\n This transformation saved Company $6.8 Million dollars (in Saudi Arabia and Kuwait alone), by providing the company with accurate master data for inventory, increased use of the material master, and elimination of Free-Text altogether.<\/span><\/p>\n <\/p>\n It was difficult, even impossible, for Company to extract meaningful insights from their master data.\u00a0 Users were simply unable to identify the correct parts and materials from SAP\u2019s Material Master: SAP provided no visual reference, descriptions alone weren\u2019t enough to correctly identify materials, and there was no system to identify interchangeable parts.\u00a0 This forced users to requisition parts and materials within SAP Work Orders using Free-Text.<\/span><\/p>\n The constant use of Free-Text to order parts created entropy within their master data; the once succinct Material Master became more of a spaghetti mess with each requisition.\u00a0 This resulted in overstocked inventory, errors and delays during the ordering process, and a lack of accurate insight into assets\u2019 Material Master groups.<\/span><\/p>\n To combat the deterioration of master data, Company implemented a data enrichment initiative to build and manage BOMs within SAP.\u00a0 They soon found, however, that SAP (and other CMMS systems) are not purpose-built for asset information management.\u00a0 Things like; creating Material IDs, aligning HERS records (interchangeable parts), managing supersessions, and building equipment hierarchies are all arduous tasks within the CMMS.\u00a0 After two years of diverting expensive SMEs from other projects to build BOMs, they were no closer to their goal and looked to Metanoia for help.<\/span><\/p>\n <\/p>\n Company needed a better system to manage BOMs, and also required help with the leg-work of building the BOMs themselves.\u00a0 So, they looked to Metanoia, who provides a turnkey solution to build and deploy fully Interactive BOMs.\u00a0 The solution is powered by Asset Information Center (AIC), an interactive parts system, and Metanoia\u2019s world class BOM creation services.<\/span><\/p>\n Metanoia received thousands of OEM parts books from the customer which were used to build Bills of Materials.\u00a0 These foundational BOMs, when matched with the Material Master from SAP, create Interactive BOMs which feature real-time information from SAP, such as: stock on hand,\u00a0 HERS records for interchangeable parts, and warehousing information.<\/span><\/p>\n AIC was pivotal to Company, as it created scalable processes to intelligently manage their asset information.\u00a0 The easy to use system, when paired with Interactive BOMs, let Company look at each piece of inventory to justify its purpose and which assets it supports.\u00a0 It also helped them link all HERS records to interchangeable materials, which highlighted some massively overstocked items that were removed to reduce inventory costs.\u00a0 Additionally, planners and technicians were mandated to submit parts to work orders through AIC, which was easy to do with AIC\u2019s visual interface, <\/span>which resulted in the complete eradication of Free-Text orders.<\/span><\/p>\n <\/p>\n Metanoia\u2019s services kicked off the data enrichment initiative by building BOMs, and the software provided Company with an intuitive system to further cleanse the master data.\u00a0 Together, these created standardized and scalable processes to avoid any ongoing entropy of master data.<\/span><\/p>\n All in all, the solution:<\/span><\/p>\n Overview Company is the largest drilling rig contractor in Canada, with operations spanning across Canada, USA, Saudi Arabia, and Kuwait. Company aimed to transform its asset management processes and procedures to align with industry best practices.\u00a0 To do so, they needed to revamp their master data by building Bills of Materials (BOMs), and creating standardized…<\/p>","protected":false},"author":121,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","inline_featured_image":false,"footnotes":""},"categories":[79],"tags":[108,107,105,30,106,31],"class_list":["post-1730","post","type-post","status-publish","format-standard","hentry","category-case-study","tag-bills-of-materials","tag-boms","tag-eliminate-free-text","tag-maintenance","tag-og","tag-reliability"],"_links":{"self":[{"href":"https:\/\/metanoiacorp.com\/es\/wp-json\/wp\/v2\/posts\/1730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metanoiacorp.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metanoiacorp.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metanoiacorp.com\/es\/wp-json\/wp\/v2\/users\/121"}],"replies":[{"embeddable":true,"href":"https:\/\/metanoiacorp.com\/es\/wp-json\/wp\/v2\/comments?post=1730"}],"version-history":[{"count":1,"href":"https:\/\/metanoiacorp.com\/es\/wp-json\/wp\/v2\/posts\/1730\/revisions"}],"predecessor-version":[{"id":1732,"href":"https:\/\/metanoiacorp.com\/es\/wp-json\/wp\/v2\/posts\/1730\/revisions\/1732"}],"wp:attachment":[{"href":"https:\/\/metanoiacorp.com\/es\/wp-json\/wp\/v2\/media?parent=1730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metanoiacorp.com\/es\/wp-json\/wp\/v2\/categories?post=1730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metanoiacorp.com\/es\/wp-json\/wp\/v2\/tags?post=1730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Before AIC<\/strong><\/h3>\n
After AIC<\/strong><\/h3>\n
Results<\/strong><\/h3>\n
\n