Green Bay Packaging Selects Avantis Enterprise Asset Management Solution From Invensys
Projects ROI in less than six months by streamlining purchasing; reducing inventory, downtime, maintenance costsFOXBORO, MASSACHUSETTS -- March 11, 2004 -- The Avantis unit of Invensys plc today announced that Green Bay Packaging, Inc., will deploy the Avantis Enterprise Asset Management (EAM) solution to improve equipment performance and inventory control, and reduce overall operating expenses. Green Bay Packaging company officials expect that the installation will pay for itself within six months, while setting the stage for long-term enterprise efficiency. Within six months after installing Avantis, we expect to significantly shrink inventory, increase production equipment reliability, and improve all resource scheduling and planning, said Ben Coyle, Green Bay Packaging project engineer and EAM project manager. We are also using Avantis to automate our purchasing, which among other things will enable us to make much better use of historical data in managing and selecting vendors. Invensys took the time to truly evaluate our needs in all of these areas and provide a solution that was right on target, said Coyle. An additional benefit in using Avantis is that we can achieve even greater gains through integration with our Foxboro I/A Series automation system. We will be able to monitor production equipment, maintenance, and operations in real time, which will significantly improve long-term enterprise efficiencies, said Coyle. Green Bay Packaging is a diversified manufacturer of paperboard packaging, pressure sensitive label stock, building and lumber products, and folding cartons. The company is implementing the Avantis solution at its Morrilton, Arkansas Kraft facility to reduce inventory, optimize capital assets, and improve the efficiency of materials management and maintenance. It will interface with Green Bay Packagings existing financial application and replace the maintenance and inventory control software. Partnering with Invensys to provide Green Bay Packagings solution are Inventory Management Analysis Ltd. (IMA), headquartered in Tillsonburg, Ontario, Canada; and Performance Consulting Associates (PCA), Duluth, GA. IMA will assist Green Bay Packaging in cleaning its MRO inventory and building an electronic catalog while simultaneously completing an MRO item analysis to identify the ROI from inventory reduction and identification of spot buys. PCA will develop a preconfigured Best Business Practices model for asset reliability, which includes work identification, job planning, outage coordination and job scheduling. These pre-defined practices, procedures and processes will be implemented in parallel with the roll out of the Avantis solution. PCA will also develop a Green Bay Packaging asset reliability model, which documents such functions as work flows, business rules, codes, roles and responsibilities. Green Bay Packaging is a very forward-thinking company with a clear vision for achieving quality, innovation, and total customer satisfaction. The Avantis solution is based on fully understanding Green Bay Packagings vision and providing tailored asset management technology to achieve immediate benefits and payback, with long-term enterprise efficiency, said Ryan Roberts, vice president of Invensys Avantis unit. About Green Bay PackagingGreen Bay Packaging, Inc., is a privately owned diversified manufacturer of paperboard packaging. Founded in 1933, the company employs more than 2,750 and consists of 29 divisions operating in 14 states. The Arkansas Kraft Division is a fully integrated pulp and paperboard mill the first of its kind. About AvantisFor more than 20 years, customers throughout the world have relied on Avantis enterprise asset management (EAM) solutions to improve resource productivity by driving down operating costs, minimizing the risk of unplanned downtime and maximizing financial return on capital assets. Avantis is part of the Production Management division of Invensys plc.About InvensysInvensys is a global leader in production technology. The group helps customers improve productivity, performance and profitability using innovative services and technologies and a deep understanding of their industries and applications. Invensys works closely with customers to increase performance of production assets, maximize return on investment in production and data management technologies and remove cost and cash from the supply chain. The company includes well-known brands such as APV, Avantis, Eurotherm, Foxboro, IMServ, SimSci-Esscor, Triconex and Wonderware. These businesses address process and batch industries - including oil and gas, chemicals, power and utilities, food and beverage, and personal health care - and the discrete and hybrid manufacturing sectors.Invensys operates in more than 60 countries, with its headquarters in London. For more information visit www.invensys.com.
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