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American Electric Power to Optimize Inventory Ingram Publishing/Thinkstock

American Electric Power to Optimize Inventory

AEP to use Oniqua Analytics Solution, Oniqua Consulting Services and Oniqua Analyst Services to optimize its inventory across generation, transmission and distribution assets; support workload prioritization and completion

American Electric Power has chosen Oniqua to help optimize its inventory across its generation fleet; and transmission and distribution assets.

Headquartered in Columbus, Ohio, AEP is one of the largest electric utilities in the U.S., serving over 5 million customers in 11 states. AEP manages 60 power generation plants and 180 transmission and distribution storerooms.

In addition to leveraging Oniqua's analytics technology, AEP will also use Oniqua analyst services to support workload prioritization and completion to ensure achievement of business objectives through measureable performance improvements.

Oniqua Intelligent MRO – packaged in one integrated offering and accessible through the Cloud – combines advanced analytics technology with consulting, coaching, analyst services and master data capabilities to help asset-intensive companies intelligently monitor and manage a wide range of materials, spares and inventory variables.

Decision-support capabilities help make necessary adjustments, from item criticality codes and min-max stocking levels to supplier management and maintenance effectiveness – all on an ongoing, continuous improvement basis.

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