The KOIOS Mission
The KOIOS cloud based online community of manufacturers and distributors will become the leading trusted source of manufacturing product information globally making it much easier for businesses to trade internationally.
By ensuring all product data in the KOIOS repository complies fully with ISO 22745 and ISO 8000, buyers can rest assured that the products they purchase have accurate and complete detailed specifications, where the data sources are well defined, and where language constraints are no more. Manufacturers will increase sales by reaching a large market, and buyers will gain cost-savings and operational efficiency by simplifying how product data is sourced.
Material master data is widely acknowledged to be a major issue in end-user organisations, where multiple millions of dollars are spent worldwide each year in efforts to correct, normalise and enrich data created by the end-user, often originating from documentation provided by an Engineering, Procurement and Construction (EPC) contractor in the form of spares part interchange records (SPIR). These documents usually contain no more than a noun to describe the item as part of a bill of material (BoM) of a piece of installed equipment. These SPIR documents are often used as an attachment to a purchase order in the build stage of a project.
Over time, attempts are made by the operations teams to better identify the product and improve the item description in order to purchase replacement parts. The supply chain can consist of a number of players. It starts with the part manufacturer, and may continue via an original equipment manufacturer (OEM) and an EPC in the early stages of a project, as explained above, or in a more mature site may consist simply of a manufacturer and a distributor. The distribution sector has also spends millions of dollars creating data for their sales order processing systems, and websites.
The distributors are also under pressure to produce data for portals such as SAP Ariba, usually in the form of a CIF catalogue. The drawback with this method is that the data is not searchable in the portal. At regular intervals, most corporations embark on material data cleansing projects, usually with disappointing results. There are several reasons why these projects fail to deliver, but one key reason is the failure to specify, as a key deliverable, that the data must meet the international data quality standards of ISO 22745 and ISO 8000.
KOIOS helps organisations adopt ISO 22745 & ISO 8000 to share technical dictionaries and product specifications
What is KOIOS?
KOIOS enables manufacturers, distributors, suppliers and MRO organisations across many industries, including oil & gas, power transmission & distribution, finance and retail, to easily collaborate by searching for, uploading and downloading product quality data, in particular product specifications.
All catalogue items are available in an open, resolvable, machine readable form throughout the product data lifecycle across multiple organisations without language restrictions. By adhering to ISO Standards 22745, 8000 and 15926 all data is guaranteed to be accurate, complete and with known provenance.
An open technical dictionary (OTD) that contains an ever-expanding collection of terms and conditions in multiple languages conforming fully to the requirements of ISO 22745, and where all entries are referenced with the source to affirm data provenance.
Equipment record builder
Upload RTL and Common Data Records into your open technical directory and then build and publish your complete and accurate technical specifications.
Technical specifications converter
Master data software allows manufacturers to transform their technical specification data into ISO 8000 compliant XML files for exchange in multiple languages without loss of meaning, enabling full and unambiguous collaboration across the entire supply chain.
Bill of materials creator
Due for release soon, this product will enable operating and MRO organisations to build maintenance bill of materials for their suppliers to fulfil, based on the criticality of the equipment, maintenance strategy, end user knowledge and location of the facility.
How KOIOS Works
Once published, the open, resolvable, machine readable Product Specifications (ID Guides) can be searched for and downloaded by your prospective customers, existing customers and their MRO partners looking to procure spares and buy additional products, and by distributors looking for new products to enhance their product catalogue. All of which will drive your sales and help maintain strong business relationships.