IBM Case Studies Hydrite Chemical Co. Streamlining operations and increasing auditability and compliance with centralized asset management

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	Hydrite Chemical Co. Streamlining operations and increasing auditability and compliance with centralized asset management IBM

Hydrite Chemical Co. Streamlining operations and increasing auditability and compliance with centralized asset management

IBM

Technology Category	Platform as a Service (PaaS) - Device Management Platforms
Applicable Industries	Chemicals
Applicable Functions	Discrete Manufacturing Maintenance
Use Cases	Asset Health Management (AHM) Predictive Maintenance Regulatory Compliance Monitoring
Services	System Integration
Challenge	Hydrite Chemical Co., a leading US chemical producer, was facing challenges due to the rapid growth of its business. The company was finding it increasingly difficult to obtain a clear view of assets, processes, policies, and licenses across its different sites. All their sites had developed their own ways of managing assets, mainly using simple tools such as spreadsheets, calendar reminders, and small databases. Without a consistent set of systems, it was difficult to compare the same thing between two different sites. This lack of standardization and visibility was making it difficult for the company to demonstrate compliance with current laws and regulations, which involved regular audits by regulators and customers. Read More
About Customer	Founded in 1929 and headquartered in Brookfield, WI, Hydrite Chemical Co. is one of the largest providers of chemicals and related services in the United States. The company employs more than 850 people across 14 locations. As a leading US chemical producer with a significant focus on toll manufacturing for other chemical companies, Hydrite is often subject to external audits and inspections. However, the rapid growth of its business meant that it was becoming increasingly difficult to obtain a clear view of assets, processes, policies, and licenses across its different sites. Read More
Solution	Hydrite decided to implement IBM Maximo Asset Management, which is part of the IBM Watson IoT portfolio. The solution replaced paper-based methods of tracking work orders, inventory, and purchasing with an asset management platform that helps to control expenditures and facilitate compliance. With Maximo’s asset hierarchy, Hydrite can now track assets, and schedule repairs, replacements, and inspections all from a single database. Hydrite is also using Maximo to track regulatory obligations and ensure that it keeps all its licenses and permits up-to-date by creating a “compliance calendar.” Additionally, Hydrite is using Maximo to ensure quality-critical lab instruments are properly calibrated. Read More Log in to view content
Contents

Technology Category

Platform as a Service (PaaS) - Device Management Platforms

Applicable Industries

Chemicals

Applicable Functions

Discrete Manufacturing

Maintenance

Use Cases

Asset Health Management (AHM)

Predictive Maintenance

Regulatory Compliance Monitoring

Services

System Integration

Challenge

Hydrite Chemical Co., a leading US chemical producer, was facing challenges due to the rapid growth of its business. The company was finding it increasingly difficult to obtain a clear view of assets, processes, policies, and licenses across its different sites. All their sites had developed their own ways of managing assets, mainly using simple tools such as spreadsheets, calendar reminders, and small databases. Without a consistent set of systems, it was difficult to compare the same thing between two different sites. This lack of standardization and visibility was making it difficult for the company to demonstrate compliance with current laws and regulations, which involved regular audits by regulators and customers.

About Customer

Founded in 1929 and headquartered in Brookfield, WI, Hydrite Chemical Co. is one of the largest providers of chemicals and related services in the United States. The company employs more than 850 people across 14 locations. As a leading US chemical producer with a significant focus on toll manufacturing for other chemical companies, Hydrite is often subject to external audits and inspections. However, the rapid growth of its business meant that it was becoming increasingly difficult to obtain a clear view of assets, processes, policies, and licenses across its different sites.

Solution

Hydrite decided to implement IBM Maximo Asset Management, which is part of the IBM Watson IoT portfolio. The solution replaced paper-based methods of tracking work orders, inventory, and purchasing with an asset management platform that helps to control expenditures and facilitate compliance. With Maximo’s asset hierarchy, Hydrite can now track assets, and schedule repairs, replacements, and inspections all from a single database. Hydrite is also using Maximo to track regulatory obligations and ensure that it keeps all its licenses and permits up-to-date by creating a “compliance calendar.” Additionally, Hydrite is using Maximo to ensure quality-critical lab instruments are properly calibrated.

Impact #1	Now that consistent processes are in place at all of Hydrite’s sites, the chemical producer can easily gain visibility across its operations, helping it comply with regulations and demonstrate that compliance to auditors.
Impact #2	Different sites can communicate and collaborate more effectively.
Impact #3	Visibility into inventory and purchasing is also giving Hydrite far greater control over budgets and expenditures.

Impact #1

Now that consistent processes are in place at all of Hydrite’s sites, the chemical producer can easily gain visibility across its operations, helping it comply with regulations and demonstrate that compliance to auditors.

Impact #2

Different sites can communicate and collaborate more effectively.

Impact #3

Visibility into inventory and purchasing is also giving Hydrite far greater control over budgets and expenditures.

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Overview

Hydrite Chemical Co. Streamlining operations and increasing auditability and compliance with centralized asset management

Operational Impact