maintenance effectiveness

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- Maintenance Effectiveness Providing a feature rich toolset for analyzing, standardizing and optimizing maintenance activities. Maintenance represents one of the most significant costs over the lifecycle of an asset. Studies have shown that as much as 30% of maintenance budgets are wasted in ineffective tasks. Performing non-standardized activities performed on similar equipment makes it difficult to identify equipment that is not performing to standard or identifying repetitive "bad actors". Oniqua Analytics Solution’s maintenance capabilities enable your organization to create an accurate maintenance budget, track maintenance performance and identify ineffective maintenance activities, helping your organization create an optimized maintenance budget.

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Page 1: Maintenance effectiveness

- Maintenance EffectivenessProviding a feature rich toolset for analyzing, standardizing and optimizing maintenance activities.Maintenance represents one of the most significant costs over the lifecycle of an asset. Studies have shown that as much as 30% of maintenance budgets are wasted in ineffective tasks. Performing non-standardized activities performed on similar equipment makes it difficult to identify equipment that is not performing to standard or identifying repetitive "bad actors".

Oniqua Analytics Solution’s maintenance capabilities enable your organization to create an accurate maintenance budget, track maintenance performance and identify ineffective maintenance activities, helping your organization create an optimized maintenance budget.

 

 

Page 2: Maintenance effectiveness

- Equipment PerformanceOptimizing equipment performance to maximize revenuePoor equipment performance has a very significant financial impact on your organization either through lost revenue resulting from equipment down-time, or through increased costs resulting from excessive maintenance and repair costs.

Through the Oniqua Analytics Solution capabilities your organization can quickly analyze and understand the performance of your assets from a variety of perspectives and identify problem areas and opportunities for improvement.

By tracking, analyzing and understanding the total cost of ownership over the lifecycle of your assets, your organization is able to make better decisions about the operation, outsourcing, maintenance and replacement of those assets.

 

 

Page 3: Maintenance effectiveness

- Inventory OptimizationDetermining MRO stock levels should be a science, not an art.Determining the optimal stock levels for Maintenance Repair and Overhaul (MRO) spares should be a science, not an art. But for most organizations, it represents an impossible numbers game.

Inventory managers are faced with the challenge of managing tens of thousands of items, each with their own characteristics, requiring complex and time-consuming calculations. Without a structured methodology and powerful analytical tools, the proactive management of large inventories becomes an impossible task, resulting in rapidly increasing inventory levels combined with critical shortages of spare parts.

Oniqua Analytics Solution is the world’s leading inventory optimization tool for MRO spares – aligning safety stock with business impact to ensure that you have more of what you need, and less of what you don’t.

 

 

Page 4: Maintenance effectiveness

- Procurement EffectivenessMoving from tactical purchasing to strategic procurement

Organizations increasingly recognize that procurement can be a strategic value driver for the business. But how do you move from a culture of tactical purchasing, where the emphasis is on processing transactions, to a strategic approach to procurement focusing on the creation of value through sourcing, category management and the development of partnerships with suppliers?

Oniqua Analytics Solution provides powerful tools to help you on this journey. Prebuilt analytics, supporting best practice procurement methodologies, allow procurement professionals to spend more time negotiating contracts and managing relationships and less time collecting data.

 

 

Page 5: Maintenance effectiveness

- Supplier PerformanceCreate value by aligning your supplier relationships.Your suppliers are imperative to your organization. By identifying key suppliers that are critical to your business, your organization can focus its attention on securing improved relationships and eliminating business risk.

Oniqua Analytics Solution helps you identify the hidden and/or administrative costs of doing business with your suppliers. Supplier performance is streamlined to encourage cost reduction and risk mitigation, aligning supplier performance with your business needs.

 

 

Page 6: Maintenance effectiveness

- Supply Chain EffectivenessSystematically squeeze inefficiencies out of your procure-to-pay processesBottlenecks in your supply chain can lengthen your purchase order conversion lead-times, extend payment periods and increase your administrative costs and discrepancy levels, which are costing your organization time and money.

Oniqua Analytics Solution is designed to identify process gaps and issues across MRO in-bound supply chains. Policies and procedures can be created/improved based on the findings, resulting in improved productivity and efficiencies, and higher levels of automation will reduce cycle lead times and overhead costs.