Global energy company ExxonMobil has joined “The Industry Collaboration Project” which aims to establish an industry standard for a digital inventory ecosystem, specifically focusing on on-demand spare parts produced with AM.
The consortium already includes 7 other companies that share the same vision for the energy sector’s supply chain. The project’s primary goal is to create a digital foundation that will pave the way for a network dedicated to the efficient supply of spare parts manufactured on demand, thereby reducing lead times, physical inventories, total cost of ownership, materials waste, and shipping distances, Field node explains.
As a reminder, Fieldnode is the common thread of this “Industry Collaboration Project”. The company develops a software solution that will support the digital network of spare parts.
To achieve their overall goal of improving the environmental impact, efficiency, and security of the supply chain by embracing digital technologies, the consortium will focus on standardization of qualification processes, development of a commercial model supporting mass customization, and enhanced total cost of ownership for customers compared to traditional volume-based incentives.
According to Fieldnode, throughout the project, the partners will progressively invite current suppliers, independent additive manufacturers, and other collaborators to join the platform, ensuring widespread industry adoption and benefits.
“The Fieldnode Industry Collaboration Project shows real potential to bring optionality to our supply chain and enhance access to spare parts, which will enable reductions in physical inventory, decrease lead times for spare parts, and help eliminate part obsolescence,” stated April Feick, ExxonMobil Supply Chain, Vice President of Materials Management.
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