Introducing Lean ERP for Electric Transmission and Distribution

ADEACA ONE on Microsoft Dynamics 365 ERP
Project Financials, Operations and ERP unified into one solution

Are your projects ready for the Real-Time Economy? Real-time enterprise operations is not simply about speeding up information flow. It is also about being able to monitor your entire portfolio continuously and react instantly when conditions change.

Companies

In today’s economy, electric transmission and distribution companies face numerous challenges. These include the added pressure to improve reliability and boost their investments to address aging infrastructure; increased regulatory and customer sensitivity to the performance of their networks; and continued load growth. But they also face restrictions on capital availability and funding.

Electric transmission and distribution organizations know that their aging assets have to deliver more power. And regulators expect these utilities to be responsible for safeguarding critical infrastructure as well as ensuring reliability, safety and cost effectiveness.

Managing and building electric transmission projects involves more than the structures and power lines themselves. Regulatory, environmental and permitting challenges can affect project deadlines, and geographically distributed work sites mean there are even more issues when it comes to communication and supply chain management.

That means electric transmission and distribution firms have to balance the need to develop new markets as well as operate more efficiently so they can improve service levels, significantly reduce costs and become more profitable.

Project Based

Electric transmission and distribution contractors require the mechanisms and controls needed to complete multi-faceted projects on schedule and within budget. They need top-notch project management to mitigate schedule delays and cost overruns of their complex projects as well as tie together all the activities of their projects to make certain that they’re tightly integrated and managed.

Electric transmission and distribution firms need integrated cost and schedule tracking tools as well as reporting tools for all stages of their projects, including planning, permitting, design and construction. They have to ensure the right tools are in the right hands at the right times because each task must be finished correctly before teams move on to the next series of tasks.

Challenges

To compete successfully, electric transmission and distribution contractors must reduce the delays they face because of the shortages of materials and equipment. They can do that by integrating core project management activities with material management, purchasing, and subcontracting. These utilities must also have real-time visibility into, and control over, costs and cash flows with accurate budgeting and accounting.

To help manage the complexity and volume of data, most electric transmission and distribution companies implement disparate project management tools but their business operations run less efficiently than ever. Advanced technology is key to helping electric transmission and distribution contractors deliver projects more efficiently.

Project ERP

To track complex projects, electric transmission and distribution contractors must implement a structured, controlled way of managing their projects via a Project ERP system. The system should enable them to monitor all the changes to the costs and progress of their projects and allow them to make adjustments instantly.

When problems arise, Project ERP helps electric transmission and distribution contractors rapidly respond to customer requests as well as better manage and execute their projects.

The premise of Project ERP is that accurate and timely information must flow seamlessly between the various business functions. That way decision-makers will not only have visibility into what’s going on inside the enterprise, they’ll also have greater control over all parts of the business.

Proposition

By choosing ADEACA’s Project ERP solution to help manage day-to-day project operations, electric transmission and distribution companies can meet their project goals and deadlines. With a true Project ERP system like the one offered by ADEACA, electric transmission and distribution companies can:

  • Provide a more cohesive view of operations in real-time
  • Allow for a high level of equipment availability and safety
  • Increase the life of their assets, cut down on manual work, and make cost-effective maintenance planning possible
  • Meet the need for global standards
  • Effectively evaluate the profitability of projects in the sales phase and maintain that profitability through planning, design, and development
  • Ensure high cost equipment and resources are utilized effectively across a portfolio of projects
  • Reduce margin variance and cost overruns by showing exactly which resources and equipment will be available prior to project start
  • Improve post-delivery service opportunities by coming in on time and on budget more often
  • Quickly respond to scope changes and other external delays, including the impact across their portfolio of projects
  • Provide a clear real time view of their utilization and profitability across their entire portfolio of projects and clients
  • Enable close collaboration between their people, no matter where in the world they are based
  • Effectively manage time, costs, resources, contracts, and changes in a single solution

Generic ERP just doesn’t work for project-based businesses like electric transmission and distribution firms. In fact, implementing an enterprise ERP system could even hinder productivity and profitability.

Project ERP software from ADEACA, on the other hand, will enable electric transmission and distribution companies to effectively manage and control their client engagements and all related processes while at the same time provide the required insights into business performance. This means they can operate more efficiently, make timely and informed business decisions, reduce risks and increase profitability.
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