
Oil refining and petrochemical company dealt with a problem how to reduce capital held in the inventory while maintaining sufficient quantity of maintenance spare parts in stock.
At Unipetrol, we found 25% savings in capital tied up in spare parts inventory.
We performed spare parts criticality analysis, optimized the spare parts life cycle and introduced an automated spare parts purchasing process. We reduced the value of inventory, as well as the risk of spare parts unavailability.