Business Benefits
Whatever happens in the Supply Chain it is the End User or Consumer that ends up paying the bill. It is here that the Benefits of Quality Data and a Master Data Strategy are amplified. All current ERP, PIM and CRM systems are bought as technology ‘shells’ empty of data. The data that populates these systems comes from multiple sources and uses disparate people, systems and technologies to implement them.
KOIOS transforms this approach in two ways. First, we provide a Master Data Governance platform for all our clients to take their existing data, however it got there, and transforms it by comparing it with the Quality Data that we have from the original producer, who manages this in our Product Data Library.
Secondly, data available from our Product Data Library ensures that you ‘get it right first time’, along with adds moves and changes, and allows your data teams to focus on making use of the data rather than the complexities of loading and managing it.
Thus we empower our clients, whether greenfield, blue field or brownfield sites in terms of their data quickly to transform the operational and financial power of their business. This leads to a whole new generation of services and insights that the old manual, and ‘fuzzy matching’ approaches made impossible – no more ‘garbage in, garbage out’!
Safely Reduce MRO Stock (by as much as 30%)
With KOIOS’s advanced inventory optimisation tools and real-time data cleansing, safely reduce MRO stock levels without compromising operational efficiency, freeing up working capital for other strategic initiatives.
Dramatically Reduce Downtime Risks (Maintenance Profile)
By implementing reliability and maintenance strategies supported by KOIOS’s comprehensive data insights, minimise downtime risks associated with equipment failures, ensuring uninterrupted operations and maximising productivity.
Reduce Procurement Costs (by as much as 15%)
Leverage KOIOS’s supplier identification capabilities and comprehensive supply information to negotiate better prices and terms with suppliers, significantly reducing procurement costs while maintaining quality and reliability.
Reduce Carbon Emissions and improve Environmental Impact:
By safely reducing MRO stock levels with KOIOS’s inventory optimisation tools, organisations significantly decrease the need for manufacturing, transporting, and storing spare parts. By minimising the environmental footprint of spare parts management, organisations demonstrate their commitment to sustainability and environmental stewardship, thereby enhancing their ESG credentials and contributing to a greener future.
Reduce Administration Effort
Streamline administrative processes with KOIOS’s centralised platform, eliminating the need for manual data entry, spreadsheet exchanges, and multiple touchpoints. This reduction in administrative effort allows your team to focus on more value-added tasks, improving overall efficiency and productivity.
Enhance Capital Projects ROI
Utilise KOIOS’s features for managing SPIR data, evaluating spares requirements, and mapping to current material master records to enhance return on investment for capital projects. By optimising spare parts management and ensuring data accuracy, KOIOS contributes to maximising the ROI of your capital projects.
Experience the tangible business benefits of KOIOS and unlock efficiency, cost savings, and operational excellence in your spare parts management and capital projects.
