Case Studies
Australian Railway Leader Reduces Labor Costs by 80% and Easily Passes Safety Audits After Partnering with Avetta
Overview
Analytics & Modeling - Predictive Analytics Functional Applications - Enterprise Resource Planning Systems (ERP) Functional Applications - Remote Monitoring & Control Systems | |
Railway & Metro Transportation | |
Maintenance Procurement Quality Assurance | |
Predictive Maintenance Remote Asset Management Supply Chain Visibility | |
System Integration Training | |
Operational Impact
In October 2014, the Federal Safety Commission performed another audit on the business unit that had failed a year earlier. This time, the company scored 99 points out of 100, thanks to the work done within the contract safety management committee and the engagement with Avetta. | |
The impact in terms of cost savings and potential cost savings were equally impressive. The team estimated that managing the thousands of contractors and suppliers internally would require six full-time employees working 40 to 50 hours for at least six months. Instead, they have one person sitting in that seat. | |
The time required for manual prequalification of contractors would be 80 hours per week. With Avetta, the railway staff spends just 10 hours per week on prequalification—an eighth of the time they would otherwise spend. | |
Quantitative Benefit
Reduced labor costs by more than 80%. | |
Scored 99 points out of 100 in the Federal Safety Commission audit, up from 1 point the previous year. | |
Reduced time required for manual prequalification of contractors from 80 hours per week to just 10 hours per week. | |