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Reduce overall operations, maintenance and capital spending, while maintaining high availability within plants and continuously and efficiently serving customer
Vectren Resources is a $2 billion utility company that provides electricity or natural gas to nearly two-thirds of Indiana and 16 counties in Ohio.
As a key part of its strategy for meeting this challenge, Vectren management set out to eliminate inefficiencies in scheduling maintenance, ordering parts and keeping track of completed work. It accomplished this with the help of Schneider Electric’s Avantis enterprise asset management software. Avantis gave Vectren an enterprise database that enabled management to capture and analyze data about the current and historical maintenance work. It also helped track the cost of maintaining any given piece of equipment, keeping track of work orders and labor time, and ascertaining key performance indicators and benchmarks throughout the maintenance operation.
Efficiently tracks 6,000 unique assets and more than 33,000 individual spare parts, keeping track of work orders and labor time.
Vectren knows that since July, it completed 12,000 work tasks, 7,300 of which were corrective repairs and 3,500 were preventive maintenance work tasks. In addition, employees completed 250 “safety” work orders.