ASCO Group company, 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.
ASCO, which celebrates its landmark 50th anniversary in 2017, is the leading supply base operator to the global oil and gas industry. Working primarily with IOCs, E&P companies and major contractors, the company is headquartered in Aberdeen, Scotland and operates from in six countries across over 60 locations, and employs 1,500 people. Supply base management operations are augmented by a suite of complimentary services, including materials and warehouse management, waste management, decommissioning, transport and logistics, training, personnel provision, fuel services and marine management. ASCO also delivers a range of specialist technical and advisory services in marine, warehouse and inventory and lifting operations. Operations are delivered using world class technology via our proprietary integrated Logistics Management System (iLMS). ASCO is owned by DH Equity Partners and ASCO Management.