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To address these challenges, IBM has created Maximo Inventory Insights: a pre-‐configured advanced analy/cs offering for Maximo Asset Management customers.
The product helps organiza/ons to both drama/cally reduce over-‐stocked inventory items, and reduce the risk of running out of stock for cri/cal parts by applying predic/ve analy/cs to an/cipate inventory issues.
Most organiza/ons maintain at least $20M in parts and spares inventory, but have liNle insight into which parts are over-‐stocked and which are under-‐stocked.
Even more challenging, not only do they not know how big the problem is today, but whether the problem will get bigger or smaller in the future.
The system targets key elements of inventory planning, such as re-‐order points, generates recommenda/ons for op/mizing each line item.
Organiza/ons that use Maximo Inventory Insights can take advantage of the power of predic/ve analy/cs and op/miza/on to generate substan/al savings, which can be $300K-‐$400K per year for $20M in inventory.
Unlike other enterprise analy/cs offerings, Inventory Insights generates value within a day, since it extracts the data, profiles the inventory, priori/zes areas of focus, recommends op/miza/ons of ROP’s and applies them to Maximo…all automa/cally.
The offering is delivered as a service (SaaS) so not only requires no addi/onal IT infrastructure, it is offered for a monthly fee based primarily on the value of inventory managed.
• Assumptions • $20M USD inventory value • 100,000 unique parts • 5 possible users
• Benefits • For items trending to over-stock
• 5% reduction in inventory x 15% holding costs = $150,000/year
• For items trending to under-stock • 1% increase in asset production due to ensuring in-stock parts and avoiding asset downtime • $100,000/year asset production value x 150 assets x 1% annual improvement = $150,000/year
• Cost (List Price) • Up to $100M USD inventory band plus 5 authorized users
• $3,500 USD/month + $500/month x 12 months = $48,000/year • No incremental headcount – system is fully automatic after 15-minute setup
• TRIRIGA Real Estate TBD • TRIRIGA Projects - Maximo work order data health - Maximo work order priority op/miza/on - MII /me-‐series factors - Mul/-‐currency control
Smarter Infrastructure Predic,ve Analy,cs PlaPorm
• SAP data integra/on • Cognos support • Maximo SaaS integra/on
Q4 2014
Maximo Inventory Insights PlaPorm
• Localiza/on of primary languages
Inventory Analy,cs Wiki • Product blogs, technical FAQs
Maximo Inventory Insights Applica,on
• FISMA support • Data health reports phase 2 • UI layout improvements phase 3 • Seasonality factors
Smarter Infrastructure Predic,ve Analy,cs Mobile Applica,ons
• Maximo Anywhere support • Mobile Inventory support
Inventory Analy,cs Wiki • Best prac/ces blogs
Smarter Infrastructure Wiki • Product, best prac/ces blogs
• Easy setup • Request a Trial, get a link, download the file, extract and setup • Setup can take only 30 minutes
• Likely requires dba or systems admin, however, to authorize data collector access
• Uses customer’s actual data • A very fast, easy proof-of-concept • All inventory data will be analyzed • Data is secure on Softlayer servers
• Provides clear value in less than a day • Users will receive summary of inventory profile, priorities and recommendations • Users will receive specific recommendations on up to 50 items, for each of up to 5 sites • The system will help identify incomplete and incorrect data • Customer organization will have access to it for 30 days
• Straightforward conversion to production use • No need to install any other software • Prior analyzed data completely available, with all details and functionality applied
Additional information for Maximo Inventory Insights
• Announcement of IBM Maximo Inventory Insights • http://www-01.ibm.com/common/ssi/cgi-bin/ssialias?infotype=AN&subtype=CA&htmlfid=897/ENUSC14-014&appname=USN#214-110
IBM’s statements regarding its plans, directions, and intent are subject to change or withdrawal without notice at IBM’s sole discretion.
Information regarding potential future products is intended to outline our general product direction and it should not be relied on in making a purchasing decision.
The information mentioned regarding potential future products is not a commitment, promise, or legal obligation to deliver any material, code or functionality. Information about potential future products may not be incorporated into any contract. The development, release, and timing of any future features or functionality described for our products remains at our sole discretion.
Performance is based on measurements and projec/ons using standard IBM benchmarks in a controlled environment. The actual throughput or performance that any user will experience will vary depending upon many factors, including considera/ons such as the amount of mul/programming in the user’s job stream, the I/O configura/on, the storage configura/on, and the workload processed. Therefore, no assurance can be given that an individual user will achieve results similar to those stated here.