CF Industries

Approximate cost savings of $2 million through improved sourcing and contract negotiations

CF Industries

CF Industries, one of North America’s largest agricultural fertiliser producers, upgrades existing IBM software to an Enterprise Asset Management solution providing growth and costs savings.

Goals

  • Locate software to deliver continued maintenance planning functionality while providing the flexibility for growth and costs savings

Challenges

  • The investment to keep the homegrown application in place with growing business is expensive, well over $1 million.

Results

  • Approximate cost savings of $2 million through improved sourcing and contract negotiations
  • Reduced inventory management and purchasing costs by several million dollars
  • This system automates maintenance planning and tracking activities on nearly 50,000 asset entities
  • Helps manage and analyze inventory and procurement on more than 60,000 items in the four CF Industries manufacturing locations

"We’ve installed the Enterprise Asset Management solution and it paid for itself almost immediately. It turns raw data into business intelligence and that improves our performance."

– Dave Wiedenfeld, Group Project Leader

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