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A shared stock management platform to put new unused parts back into circulation
01.
Identification
All those stocks are managed in different local management system tools, with no guidelines on how managing our stocks and no consolidation at any level of the organization. As a consequence, working capital represents a very high amount of cash immobilized either on thermal or renewables activities.
BeeWe aims at rationalizing spare parts inventory. BeeWe's ambition is that as many sites as possible join the movement and start sharing their stock. Pooling resources helps to reduce investment through purchasing savings, reduces carbon footprint by limiting overproduction of spare parts, as well as limits replacement delays in the event of a breakdown. BeeWe is proud that its vision of optimizing inventory, fully aligned with Engie’s business purpose, contributes to accelerating the transition to a carbon-neutral economy, through a more energy-efficient solution that also acts for the environment through using available spare parts. The name ‘BeeWe’ is a reference to the bee (« Bee ») and to the community (« We ») because this solution has been inspired by the industrious bees around their hive: a more rational storage system, thanks to collective intelligence in an eco-efficiency approach.
Label Date
October 7, 2020
By
ENGIE
From
France
Maturity stage
Initial market commercialization
Looking For
New clients, Visibility, Funding, Credibility
02.
Implementation Stories
Result
Over the last 2 years, net gain stock optimization represented 950,000 ⍬
03.
The environmental benefits
- •+ 100 000 product references in the portfolio
- •80% of the amount of spares parts are idle (not consumed over 2 to 4 previous years)
- •25% of idle spare parts amount are no more useful and can be sold
- •100 average transactions in one year equivalent to 22MWh produced by a gas power station
- •more than 50% of the avoided carbon are link to raw material production and parts manufacturing
- •Around 40% of the avoided carbon are link to transportation
04.
The Financial benefits
- •3 years from breakeven
- •At least, 10% of inventory amount can be removed from of our Customer
06.
Company Profile
Headquarters
07.
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator ENGIE has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.