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Addressing the Economic Challenges of Utilities Asset Managers & the Positive Financial Impact of MRO Inventory Optimization

Wednesday Dec 5, 2018 - 1:30 PM 2:30PM Presented by IBM
Virtual Event

Join this free webcast to explore challenging economic issues and pressures by today's asset management team, best practices for MRO inventory optimization, and real success stories around implementing MRO inventory optimization and ROI achieved.

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Event Information

Location: Virtual Event,
Venue: Your Office
Event Price: 0.00 (US)

Organizer Information

IBM
Contact Name: Energy Central
Phone: 303-782-5510
 

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Who should attend?
Executives, managers, and other Utilities professionals who face economic challenges within asset management; especially for those who have financial responsibility for very expensive and large-scaled MRO inventories, such as in power generation. 

Why attend?
The cost to operate power plants is only rising with higher demands upon production and the price of materials continues to increase over time. In order to minimize the negative impact to consumers, today's asset managers are compelled to manage their MRO spares inventories more effectively than ever before.

MRO inventory managers in utilities are faced with the challenge of managing tens or hundreds of thousands of items, each with their own characteristics, requiring complex and time-consuming calculations. Organizations without optimized inventory run the risk of overpaying and underperforming.

By leveraging technology tools, automated processes and inventory management best practices to optimize MRO spares and consumables, utilities can consistently achieve significant benefits that improve the financial picture, such as up to 50% reduction in unplanned asset downtime, up to 40% reduction in inventory costs, up to 35% savings in maintenance budgets, and up to 25% increase in service levels. 


Join this free webcast to explore:

  • Challenging economic issues and pressures by today's asset management teams
  • Best practices for MRO inventory optimization
  • Real success stories around implementing MRO inventory optimization and ROI achieved

Moderated by Energy Central, the webcast panelists include:

SPEAKERS:

Rebekah Eggers
Industry Leader, Energy, Environment & Utilities
IBM | Watson Internet of Things

Rebekah has responsibility for IBM's Watson IoT Solutions for Energy, Environment, & Utilities Business and is a trusted utility industry professional based in Los Angeles with a 20 year track record of strong solution leadership. She mobilizes the IBM global capabilities to create business value leveraging experiences managing complex initiative design when operating in intense, results focused environments. Rebekah is known for creating sustainable GTM and portfolio leadership for solutions that leverage data and analytics, improve operational efficiencies, and deliver customer satisfaction that enable high performance teams. She actively participates and presents at industry events across the globe.

 

Greg Meszes
Principal Presales, IBM Maximo MRO Inventory Optimization
IBM | Global Business Services 

Greg has global responsibility for actively driving and managing the technical solutions to address his customer needs and sustainably stretch and extend customers' MRO strategies. He is driven by the opportunity to enable his clients to attain sustainable and quantifiable business benefits, through proactive and continuous business improvement. Greg's professional background includes over 20 years in senior positions providing technical solutions incorporating software and services with enterprise software providers (ERP, EAM and SCM) across a broad range of industries including Government, Education, Health, Transportation, Construction, Mining, Utilities, and Oil & Gas.

Make plans now to attend this FREE webinar.

Addressing the Economic Challenges of Utilities Asset Managers & the Positive Financial Impact of MRO Inventory Optimization

Wednesday, December 5, 2018 | 1:30pm ET 



Can't make the date? Sign up anyway and we'll give you access to the replay of the session.