UK based Entec International has begun delivering its 3PMRO service into the mining & minerals market with a multimillion-euro contract that will optimise MRO supply chains for a leading Sub-Saharan Africa building materials company manufacturing and packaging cement and construction aggregate.
With capital equipment sourced Globally from multiple manufacturers across Europe, China and the Americas the existing supply chain for day to day operating spares is complex and extended. Entec 3PMRO service streamlines ways of working and provides a single process, with procurement and logistics of MRO (Maintenance, Repair & Operations), optimised to improve cost and working capital.
According to Entec Sales Director Charlie Patterson; Entec services improve profitability and creates competitive edge for clients. He expects Entec to deliver significant cost reduction (parts price, logistics and handling), for this Cement industry client, throughout the three-year contract.
The project will involve the consolidation of 125 separate suppliers into a single supply chain, which will be managed by Entec, operating in a single currency with standardised terms.
The business case analysis projects the number of individual spares shipments will be reduced by over 50%, cutting cost and co2 emissions, improving MRO supply chain sustainability.
Charlie explains that Entec 3PMRO will deliver a massive reduction in the volume of purchase orders and invoices transacted daily. At the same time “Consolidating multiple trading currencies into a single currency, for example, simplifies the Process to Pay for our clients and mitigates the risk of having to manage the different exchange rates,” releases cash and delivers improved Return on Capital Employed (ROCE).”
“This is a great step for Entec, this contract opens up a new market with huge potential for us. We are delighted to be working with one of the top three companies in this sector, whose commitment to innovation and environmental sustainability reflects our ethos at Entec.”.
