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Cape Plc Chooses Material Advantage from Korecentric as its Materials Management Solution - Korecentric Ltd is pleased to announce that its Material Advantage software system has been selected as the central Materials Management system by Cape Plc for the Arzew Project in Algeria
Cape Plc Chooses Material Advantage from Korecentric as its Materials Management Solution

 

NewswireTODAY - /newswire/ - West Malling, Kent, United Kingdom, 2010/10/13 - Korecentric Ltd is pleased to announce that its Material Advantage software system has been selected as the central Materials Management system by Cape Plc for the Arzew Project in Algeria.

   
 
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Cape Plc is an international leader in the provision of essential non-mechanical industrial services focused on the energy and natural resources sectors. They specialise in providing industrial services, such as common user access systems, insulation, fire protection, abrasive blasting, refractory, coatings, cleaning, training and other essential non-mechanical services throughout the life cycle of major industrial assets. Cape's services are deployed during initial project build, commissioning, routine maintenance, extension of life projects and decommissioning.

Cape’s Industrial Services division contacted Korecentric prior to commencement of the project as they needed to address material shortfalls and expensive additional shipping costs to site. Korecentric’s extensive experience and proven software made them the ideal solutions provider to engage with in discussion to solve these issues. After a Needs Analysis and Scoping meeting, Korecentric proved they understood Cape’s requirements both on site in Algeria and at the Head Office in the UK, by demonstrating Cape workflows to the Project Management team.

A key part of Cape’s decision was Material Advantages ability to work with existing workflow documents and systems. Integration points will be set up from Cape’s excel forms to bring in Bill of Materials, Purchase Order and Shipping information. Another factor was Korecentric’s ability to deliver the solution within a specific timeframe and on a pre-determined budget.

Cape Plc System Manager for CIS, Mediterranean and North Africa Region Gerald Green said “We feel that by bringing Material Advantage on board we are targeting any possible material control issues related to the large scale of our projects and the need of a rapid response to supply materials on site.”

Zack Hodge, Managing Director of Korecentric commented “We are pleased that Cape Plc has made the decision to use Material Advantage to manage its material & fabrication functions. We greatly value the trust that it has placed in Korecentric. I am confident that the functionality and flexibility of Material Advantage will provide Cape Plc the tools to deliver their global projects in the timeliest and cost efficient manner possible".

About Cape Plc

Cape is a leading international provider of multi-disciplinary industrial services to the downstream energy infrastructure sector. Headquartered in Uxbridge (nr London Heathrow) in the UK, Cape employs around 14,000 employees and operates in 28 countries around the world. In 2008, approximately 70% of the Group’s revenue was generated from capital and maintenance expenditures by customers in the oil & gas and power generation sectors.

About Korecentric Ltd

Korecentric Limited (korecentric.com) helps organisations around the world gain greater visibility, control and value from their procurement activities within capital projects. Through the provision of project supply chain management software and services, Korecentric’s clients continue to experience significant reductions in project cost, time and resources.

 
 
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Agency / Source: Korecentric

 
 

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Cape Plc Chooses Material Advantage from Korecentric as its Materials Management Solution

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Contact: Mike Gordon - Korecentric.com 
+44(0)17 3284 0999 mike.gordon[.]korecentric.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Korecentric securities in any jurisdiction including any other companies listed or named in this release.

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