MRO inventory optimization with IBM's Mehtab Gilani

How to reduce costs and minimize asset downtime with the right inventory mix

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With approximately 50 per cent of annual unscheduled asset downtime in the oil and gas industry attributed to the lack of spare parts and stock outs, Mehtab Gilani, Associate Partner – Chemical & Petroleum at IBM, shares how advanced analytics can be used to tackle maintenance repair and operations challenges.

Recorded at Asset Optimization in Oil & Gas: Online 2019, Gilani discusses:

  • Why companies must avoid and manage risk while minimizing and optimizing cost and exceed performance.
  • How to minimize inventory costs without compromising service levels and asset uptime to deliver true inventory optimization.
  • How to attain a 50 per cent reduction in unplanned downtime through MRO inventory optimization and an average 30 per cent reduction in MRO inventory costs.