Digital inventory system
Global implementation in the energy sector
is an Industry Collaboration Project (ICP) with the purpose of setting an industry standard for a digital inventory ecosystem. The collaboration partners bp, ConocoPhillips, Equinor, Exxon Mobil, Shell, TotalEnergies, Vår Energi, Woodside Energy and the software company Fieldnode show a firm commitment to develop a digital foundation to build a network for supply of spare parts produced on demand through additive manufacturing technology.
- Project duration
- The project will run for two years with the goal to scale up the digital ecosystem to drastically reduce lead times, physical inventories, materials waste and reduce shipping distances, improving the overall environmental impact, efficiency, and security of the supply processes.
- Project technology
- The technology to achieve the above-mentioned benefits is available, however, to really scale this the partners in the collaboration see it necessary to establish a fit for purpose standard process to utilize the technology and transact in the new ecosystem and have therefore entered the collaboration, to solve the challenges together which the whole energy sector would benefit from.
Revolutionizing Supply Chains
Digital Inventory Platform Collaboration for Industry Transformation
Standardization around qualification processes, a new commercial model that caters for mass customization and improved total cost of ownership for customer vs. traditional volume-based incentives, are some of the areas that are set out to be addressed in the collaboration project.
To reach the set goals the partners in the collaboration intends to progressively invite their current suppliers, independent additive manufacturers as well as other suppliers to collaborate on the platform throughout the two years to ensure the whole industry can benefit from this transformation. By collaborating with the above-mentioned entities, the project partners intend to both test the technical and commercial solutions as well as fill the digital inventory with content.
New manufacturing techniques such as additive manufacturing together with secure and efficient digital inventory solutions has been key drivers for the collaboration and the basis is the Fieldnode Digital Inventory platform which is built to facilitate efficient and resilient operation of supply networks.
The industry collaboration project intends to invite original equipment manufacturers, independent additive manufacturers as well as other suppliers to collaborate on the platform to fill the Digital Inventory with content and to test both technical and commercial solutions.
The collaboration partners see great opportunities for all participants in the network and want to collaborate with current suppliers and other possible entities in the change from the current supply chain into a digital supply network.
PROJECT SCOPE & VISION
Project Scope
The project partners share the ambition of future digital manufacturing solutions that will drastically reduce lead time, physical inventories, materials waste and reduce shipping distances, improving the overall environmental impact, efficiency, and security of the supply processes in our sector.
The scope of work is to Scale and Mature the Ecosystem, which includes sector focused efforts to mature relevant digital networks between end users (demand), IP owners – often referred to as OEMs (supply) and manufacturers (supply) as well as service (support) providers.
The focused efforts will include scaling of relevant content and network for the sector by accelerating the recruitment of IP owners, service providers and manufacturers. Continuous development and improvement of the software platform and of the commercial models will be undertaken in order to secure further scaling of the ecosystem.
Project Vision
The overarching goal is to develop the leading Energy focused Digital Inventory Ecosystem, this including the largest and most relevant manufacturing network as well as service portal offerings. To achieve this the key elements is to establish scalable ground rules, then reach and attract a critical mass.
THE ICP CONSISTS OF 9 PROJECT PARTNERS
All partners in the project share the ambition of future digital manufacturing solutions that will drastically reduce lead time, physical inventories, materials waste and reduce shipping distances, improving the overall environmental impact, efficiency, and security of the supply processes in our sector.
