Enventure to help rejuvenate CMMS data for a diversified resource company in Canada.

Portsmouth, NH March 15, 2020 – Enventure has been awarded a contract to develop an Asset Register and Hierarchical BOM for a new capital project in the coal and potash terminal.

The client handles Canadian potash and steelmaking coal for markets around the world. The client’s terminals manage over 30 million tonnes of commodities, transported through its highly efficient rail-based system linked from source to ship.

The objective of the contract is to improve asset availability, spare parts availability and Optimize the MRO inventory. The scope of work includes:

• Develop an Asset register
• Create a hierarchal BoM for all Systems in the terminal
• Develop the ISO 8000 based taxonomy that helps to define each spare part with the UNSPSC classification.
• Create spare parts master that covers all spare parts of the assets in the plant

The upcoming new capital project will add additional capacity in their terminal to manage movement of more commodities. Client’s Bulk shipping terminals handle commodities that are transported in large quantities without packaging or containerization. Hence the asset up time and availability of spare parts is very crucial to handle high volume transport operations without interruption. Enventure will enable all of this by capitalizing on their AI based technology, combined with domain experts, thereby providing the accurate asset BoM and spare parts data.

The client is expected to benefit by improving the efficiency and effectiveness of a number of core business processes by:

• Effective maintenance scheduling and execution
• On time availability parts for scheduled maintenance work
• Spare parts life cycle management – enables disposition of obsolete items associated with discontinued assets
• Enables efficient requisition /reservation of required spare parts at time of job planning
• Standardized material requisitions can be raised at time of job planning improving the consistency and speed of procurement process

Enventure has been a valuable partner in helping organizations to transform their Asset life cycle management, MRO inventory management and supply chain optimization. Our supply chain strategies have always helped and will continue to evolve with emerging technologies to provide ROI driven solutions,” said CK Bharathan, VP – Operations, Enventure.

About Enventure:

Enventure Engineering (enventure.com) is a privately-held, ISO 9001:2015 & ISO 27001:2013 certified Engineering and Supply Chain Solutions company, with full-fledged delivery centers in India. Enventure has been serving clients in North America and Europe since 1997 and is today a preferred supplier of engineering and master data management services to Fortune 500 companies, across different industry verticals such as Hi-tech Electronics, Oil & Gas, Water Treatment, Automotive and Industrial Manufacturing. Enventure provides a wide variety of services to Clients, in areas such as Plant Design Engineering, Building Engineering, Master Data Management, MRO Data Services, Component Engineering, Environmental Compliance Support and Product Design.