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	Vectren Corporation Case Study

Vectren Corporation Case Study

Technology Category	Functional Applications - Enterprise Asset Management Systems (EAM)
Applicable Industries	Utilities
Applicable Functions	Maintenance
Use Cases	Asset Lifecycle Management
Challenge	Reduce overall operations, maintenance and capital spending, while maintaining high availability within plants and continuously and efficiently serving customer Read More
About 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. Read More
Customer Name	Vectren Resources Read More
Solution	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. Read More Log in to view content
Data Collected	Emergency Maintenance Work Orders, Maintenance Records, Maintenance Work Orders, Parts and material pricing, Per-Unit Maintenance Costs Read More Log in to view content
Contents

Technology Category

Functional Applications - Enterprise Asset Management Systems (EAM)

Applicable Industries

Utilities

Applicable Functions

Maintenance

Use Cases

Asset Lifecycle Management

Challenge

Reduce overall operations, maintenance and capital spending, while maintaining high availability within plants and continuously and efficiently serving customer

About 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.

Customer Name

Vectren Resources

Solution

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.

Data Collected

Emergency Maintenance Work Orders, Maintenance Records, Maintenance Work Orders, Parts and material pricing, Per-Unit Maintenance Costs

Impact #1	[Data Management - Data Analysis] Enabled management to capture and analyze data about maintenance work.
Impact #2	[Efficiency Improvement - Labor] Ascertains key performance indicators and benchmarks throughout the maintenance operation

Impact #1

[Data Management - Data Analysis]
Enabled management to capture and analyze data about maintenance work.

Impact #2

[Efficiency Improvement - Labor]
Ascertains key performance indicators and benchmarks throughout the maintenance operation

Benefit #1	Efficiently tracks 6,000 unique assets and more than 33,000 individual spare parts, keeping track of work orders and labor time.
Benefit #2	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.

Benefit #1

Efficiently tracks 6,000 unique assets and more than 33,000 individual spare parts, keeping track of work orders and labor time.

Benefit #2

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.

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Overview

Vectren Corporation Case Study

Operational Impact

Quantitative Benefit