Indorama Ventures is a global producer of fibers, oxides, and derivatives headquartered in Singapore. The company operates petrochemical plants in 32 countries across the Americas, Europe, Asia, and Africa. Indorama Ventures is the largest ethylene oxide manufacturer in North America. The company recently implemented three Innovapptive solutions at its Port Neches, Texas plant and projects a high ROI.
“Innovapptive really takes the time to understand your needs and there’s tons of customization.”
Micah Mosely – Manufacturing Excellence Manager, Indorama Ventures (Port Neches, TX)
Goals
- Reduce unplanned asset downtime.
- Increase reliability of assets.
- Decrease contractor and overtime spend.
- Cut overall maintenance costs.
- Raise spare parts inventory accuracy.
- Eliminate paper-based work order fulfillment process.
Challenges
- Excessive downtime and poor asset reliability.
- High maintenance costs from overtime and contractors.
- Lack of issue detection, alerts, and early action.
- Paper-based system for work orders and spare parts.
- Manual SAP data entry causing errors and delays.
- Third-party mobile solution not meeting needs.
Solution
- Mobile Operator Rounds
- Mobile Work Order Management
- Mobile Warehouse and Inventory Management
- All powered by Innovapptive and AWS
Projected Results
- ~$1.6 million projected annual savings through greater technician wrench time.
- ~$1.3 million estimated annual savings from higher asset reliability.
- ~$407,000 estimated annual savings from raising inventory accuracy from 89% to 99%.