Inventory, Procurement and Logistics Optimization

Minimize operational downtime and cut inventory costs

Speak to an expert

At Add Energy, we utilize our award-winning software and highly experienced experts to unlock efficiencies in inventory management processes to safeguard business integrity and minimize operational expenditure.

How we deliver full-cycle inventory management efficiencies

Add Energy has joined forces with Craig International and AH Asset Solutions to create an end-to-end, efficiency-driven inventory, procurement, and logistics optimization solution which provides significant time and financial benefits.

From inventory data enrichment and process optimization to procurement, warehouse management, asset tracking, and disposal of unnecessary spares, we provide a turn-key solution to inventory management challenges.

How we deliver full-cycle inventory management efficiencies

How we can help

Operational inventory management

Operational inventory management

  • Repair and sparing strategies
  • Material data standardization and mastering
  • Equipment and maintenance Bill of Materials (BoMs) development and enrichment
  • Critical spares identification
  • Min max level setting for stock holding
  • Preservation maintenance strategies
  • Obsolescence management
Procurement

Procurement

  • 24/7 cost effective part ordering, sourcing, monitoring and delivery
  • A client buyer portal including a digital catalogue of 60,000 products
  • Supply of procurement specialists
Warehouse and logistics

Warehouse and logistics

  • Inventory audit, count, and verification
  • Warehouse audits
  • Inventory rationalization studies
  • Surplus spares valuation, disposal and transfer of ownership
  • RFID asset tracking and management of change software

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Our inventory management solutions are guaranteed to help you:

Save money

Save money

Enabled by accurate and reliable inventory data to better determine the optimal spares holding for your business and procure assets at a competitive price point

Boost productivity

Boost productivity

Through access to accurate data and use of cutting-edge technology to automate processes, streamline laborious tasks, and achieve effective management of change

Generate cash

Generate cash

Identify obsolete items and unnecessary stock to dispose of and sell off to gain capital back into your business

Minimize downtime

Minimize downtime

Through identification of critical assets which could impact production, assuring their readiness for use and being able to pinpoint their location at the click of a button

Our proven results

Our solutions have been proven to minimize business risk and unlock significant cost savings and efficiencies for our global clients across multiple industries.

Some of our results include:

  • Saved over $17M on planning and efficiencies gains through enrichment of 167,000 Maintenance BoMs
  • Saved an average of 11% on procurement spend per client
  • Identified $19,007,006.50 of unnecessary stock being held, caused by poor data standards which resulted in ordering duplication of equipment
  • Reduced number of suppliers our client had to manage directly by 60% through access to our online procurement portal
Our proven results
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By having up to date and accurate maintenance BoMs, the maintenance team can efficiently identify the right spare parts, with the correct specifications to execute the maintenance tasks. This has helped reduce equipment outage time, backlog, and expenditure associated with part sourcing.

Maintenance Director, International Energy Company


5 reasons why you should consider utilizing Add Energy to optimize your inventory, procurement, and logistics management:

Viable options

Viable options

Through a cost-free initial review and consultation, we can recommend where best to focus your efforts and budget to solve your inventory management challenges

Results focused

Results focused

Born from a shared team mission to relentlessly pursue solutions that unlock business efficiencies– we will not commit to a project without a guaranteed ROI for our client

Cost and time effective

Cost and time effective

Access tried and tested technology that is capable of solving real-world inventory management challenges in a timely and cost-effective manner

Buying power

Buying power

Reduce procurement spend through access to preferential pricing for over 60,000 products influenced by our annual spend

Quality and sustainability assured

Quality and sustainability assured

Harness technology and highly experienced materials management experts to implement quality assured and future-proof solutions

Key contacts

AE ABL Headshot21

Afia McClenaghan

AIM Canada Regional Lead

The Americas

afia.mcclenaghan@addenergy.no

AE ABL Headshot29

Jennifer Bellacosa

AIM USA Regional Lead

The Americas

jennifer.bellacosa@addenergy.no

AE ABL Headshot6

Peter Adam

ABL Group MD - Asset and Integrity Management

peter.adam@addenergy.no

Get in touch

If you'd like to learn more about our range of asset and integrity management services, or want to discuss your project with us, please get in touch by completing the form below...

Asset and Integrity Management Blog

Digitization and Digitalization: How to kickstart your Industry 4.0 journey

31 Jan 2023

Digitization and Digitalization: How to kickstart your Industry 4.0 journey

The terms ‘digitalization’, ‘digitization’ and ‘digital transformation’ are gaining more and more popularity as companies discover the benefits that come with automated processes and enhanced interfaces between people and data.

What is asset integrity management?

24 Jan 2023

What is asset integrity management?

An operating asset must perform efficiently, effectively and reliably in order to achieve a company’s objectives, and for asset-intensive industries, such as oil and gas, the process of asset integrity management is critical to ensuring this - helping to maximize production, reduce downtime, and ensure the safety of people and the environment. 

From oil rigs and refineries, to power plants and pipelines, it has become more important than ever to ensure each component of an asset is continually performing correctly.

Ask the Expert: How to level up your asset integrity, with Add Energy’s Senior Asset and Integrity Manager, Emeka Onuh

17 Jan 2023

Ask the Expert: How to level up your asset integrity, with Add Energy’s Senior Asset and Integrity Manager, Emeka Onuh

At Add Energy, we help our clients overcome their biggest challenges in asset and integrity management, drilling and well engineering, safety and risk, and decarbonization, which couldn’t be made possible without our driven team of industry experts.

In our ‘Ask the Experts’ series, we delve into the knowledge and insights of specialists across the company, asking them to share their most compelling advice, as well as the keys to success within their roles.

Based in Aberdeen, Emeka Onuh, our Senior Asset and Integrity Manager, has gained a deep understanding of the challenges within asset integrity management, and has been a valued member of the Add Energy team for over 14 years now. 

In this interview, which forms part of our ‘Ask the Experts’ series, Emeka reflects on his many years of experience and shares his advice on how maintenance teams can overcome key challenges in asset integrity management, and what the future holds for this area of specialty…

4 key phases of asset integrity management

15 Dec 2022

4 key phases of asset integrity management

The discipline of asset integrity management (AIM)focuses on ensuring assets operate safely and are suitably intact for what they are required to do. Essentially, this involves making sure that the integrity of each component of an asset is at its premium throughout its entire lifecycle. 

Ask the Expert: The importance of maintenance and reliability, with Add Energy’s Principal Consultant, Brian Smith

20 Oct 2022

Ask the Expert: The importance of maintenance and reliability, with Add Energy’s Principal Consultant, Brian Smith

Based in the Calgary office, Brian Smith, Add Energy’s Principal Consultant of Maintenance and Reliability Engineering, has developed a rich understanding of the challenges maintenance teams face, as well as the keys to success.

Planning and scheduling maintenance: the biggest challenges and how to solve them

06 Jul 2022

Planning and scheduling maintenance: the biggest challenges and how to solve them

Effective maintenance planning and scheduling is vitally important for every asset, because not only does it enable efficient work execution, it has a direct impact on production and safety targets as well as OPEX. Proactively planning and scheduling your maintenance can often seem impossible amid unexpected priority changes and urgent requests - or what many describe as “firefighting”.

Downstream USA 2022: Connect with the maintenance and reliability community

07 Jun 2022

Downstream USA 2022: Connect with the maintenance and reliability community

Downstream USA unites leading innovators and decision makers as they identify, discuss, and map out future OPEX success opportunities. Add Energy’s North America team are very much looking forward to exhibiting at this year's event and connecting with the downstream and maintenance and reliability community.  

Why budget constraints shouldn’t put an end to training and development

30 May 2022

Why budget constraints shouldn’t put an end to training and development

During a time when budgets are being scrutinized and cut, we are forced to work smarter with fewer resources. Add Energy’s Country Manager and BD Manager for our Canada branch, Afia McClenaghan, has seen the effects that budget constraints have on companies, describing the current tone of the industry as “cautiously optimistic, but nevertheless still cautious”.  

We asked our LinkedIn audience what they found to be the biggest challenge relating to training and competency assurance in their maintenance and reliability workforce, and these were the results: