Consumers Energy Chooses Oniqua for MRO Inventory Optimization
Leading inventory optimization company to streamline utility's inventory management, reduce MRO spend and improve service levels
DENVER, Nov. 16, 2017 /PRNewswire/ -- Oniqua, a leading provider of MRO inventory optimization software and services, today announced it has signed a new agreement with Consumers Energy to optimize its MRO critical spares and materials inventory. The latest agreement adds to Oniqua's growing list of power production and distribution customers in the Utilities market.
Consumers Energy is Michigan's largest energy provider, delivering electricity and/or natural gas to 6.7 million Michiganders. Focused on operational excellence, Consumers Energy recognizes that the optimization of spares and materials inventories will ensure strong material availability, while also eliminating unnecessary costs. Oniqua's IQ Inventory will help Consumers Energy to continuously optimize its spares and materials inventory, and to streamline inventory management processes.
"With their rich history of serving the people of Michigan for more than 130 years, we couldn't be happier to be working with Consumers Energy on their inventory optimization initiative," said Steve Sotwick, Vice President - Business Development for Utilities, Oniqua. "Continuous optimization of spares and materials directly supports equipment reliability while freeing up working capital by preventing surplus inventory. We're looking forward to helping Consumers Energy achieve its corporate goals related to cost management and service reliability."
"We at Consumers Energy are committed to delivering the best experience to the Michigan homes and businesses that we serve," said LeeRoy Wells Jr., Consumers Energy's vice president of operations support. "We look forward to working with Oniqua to ensure we have the right materials in the right place at the right time."
Oniqua is recognized globally for its unique cloud-based MRO inventory optimization platform and expert consulting services, and is proud to be helping some of the world's leading energy and utility companies optimize their inventories, including American Electric Power, Tennessee Valley Authority, Nebraska Public Power District, Hawaiian Electric and others.
To learn more about Oniqua, please visit Oniqua.com.
About Oniqua
Oniqua provides Intelligent MRO (maintenance, repair and operations) capabilities that are transforming the way Utilities, Oil & Gas, Mining, and Manufacturing companies manage their capital-intensive assets. The Company's unique cloud-based offering combines the world's most advanced MRO analytics technology with analyst services, consulting, master data cleansing and industry expertise to optimize the performance of materials management and operations & maintenance activities. Oniqua does the "heavy lifting" on behalf of customers so they can achieve rapid benefits in the form of reduced waste and costs, minimized risks, greater efficiencies and smarter decisions across their MRO operations. Oniqua is proud to serve many of the world's largest energy and resources companies, including Tennessee Valley Authority (TVA), American Electric Power (AEP), Nebraska Public Power District, ConocoPhillips, BP, New Gold, Phillips66, Occidental (OXY), ADMA, BHP Billiton Petroleum, Rio Tinto, Newmont Mining, Lundin Mining, Freeport McMoRan and many others. To learn more, visit www.oniqua.com | LinkedIn
SOURCE Oniqua
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