Wednesday, June 20, 2007

IFS Applications Enhance Wellstream’s Supply Management and Manufacturing Capabilities

IFS, the global enterprise applications company, has today announced a significant deal with Wellstream International Limited, one of the world’s leading suppliers of flexible pipelines to the oil and gas industry. Wellstream has chosen IFS Applications to help manage its entire project lifecycle. IFS Applications will enable Wellstream to ensure that products are manufactured to the highest standards of quality, health and safety.

Wellstream manufactures flexible pipelines for offshore and onshore oil and gas production. Working on a project by project basis, Wellstream engineers bespoke pipeline solutions tailored to address specific constraints of each application and project such as pressure, water depth, temperature and fluid characteristics.

Because of this, it was essential for the company to choose a software system that could manage the critical path of all project activities in order to deliver products to its customers within a specified critical timeline and support oil field operations, often offshore. IFS Applications will replace a number of legacy systems from multiple vendors. 

Wellstream, which currently has operations in the United Kingdom, United States, Canadaand Australia, is in the process of expanding its South American operations by building a state-of-the-art manufacturing facility in Brazil. 

“Being an international company, we needed to make sure our final choice would not only meet our current needs, but would also be able to cope with our future expansion plans,” said Chris Braithwaite, Chief Operating Officer for Wellstream. “IFS’ experience, expertise and reputation in the manufacturing and oil and gas industry made it the perfect choice for us.”

Wellstream brought in expertise from a consulting group from The University of Teesside, Teesside Manufacturing Centre (TMC), Schoolof Scienceand Technology, to help advise the company on its business systems. TMC invited 12 vendors to tender for the contract, with IFS being chosen at the end of the process.

Wellstream and TMC discovered that, unlike its competitors which offered a mixture of third party products, IFSwas the only vendor able to deliver all key modules Wellstream required from a single solution. IFS Applications’ compatibility with Primavera P3 and P5 software, was also a crucial factor in Wellstream’s final decision. 

“After rigorous evaluation, we found the IFS solution to be best suited for Wellstream, as it is very much orientated towards dealing with customers who deliver ETO (Engineer to Order) contracts on a project managed basis,” said Dr. Ahmed Abbas, Head of TMC. “It was also critical for us to find a system that was able to match Wellstream’s demanding supply chain requirements, and one that could handle the manufacturing, planning and scheduling requirements – IFS was able to deliver this and more.”

IFS will also provide Customer Relationship Management (CRM), Product Data Management (PDM) and Design, and Document Management, as well as Quality, Plant Maintenance, HR and Payroll functionality to 240 users in the UK, USA, Canada, and Australiaduring the first phase of the implementation. A planned second phase will include the new plant being constructed in Brazil. Collaboration portals will permit interaction with key customers, subcontractors and suppliers.  

The project is expected to go live in October/November 2007, to be followed by the second phase in 2008. 

The Construction, Contracting and Service Management industry is one of IFS’ targeted vertical market segments. IFS offer a complete and integrated business solution that manages the entire lifecycle of contracts, projects, machines and equipments. With IFS Applications, companies can support and improve business processes by collaborating more closely with customers, suppliers and subcontractors. IFS Applications includes functionality for contract and project management, risk management, budgeting and forecasting, engineering and material management, manufacturing, document management and service management all integrated with financials and human resources. In the Oil and Gas market segment IFS has focus on EPCI contractors, Project Based Manufactures and Service Providers. Customers include for example Grenland Group, Heerema Fabrication Group, Babcock Engineering Services, Harland and Wolff, ShawCore, Dresser-Rand, Yantai Raffles, Aker Yards, SeaDrill, NCA, Advanced Production & Loading (APL), Rosenberg Verft, Hamworthy Gas Systems, RR Offshore, Rotary Engineering, and Shedden Uhde.

About IFS

IFS(OMXS: IFS), the global enterprise applications company, provides ERP solutions which enable organisations to respond quickly to market changes. The solutions allow resources to be used in a more agile way to achieve better business performance and competitive advantage.Founded in 1983, IFShas 2,600 employees worldwide. With IFSApplications™, now in its seventh generation, IFS has pioneered component-based ERP software. The component architecture provides solutions that are easier to implement, run and upgrade. IFS Applications is available in 54 countries in 22 languages. IFS has over 600,000 users across seven key vertical sectors: aerospace & defence; automotive; high-tech; industrial manufacturing; process industries; construction, contracting & service management; and utilities & telecom. IFS Applications provides extended ERP functionality, including CRM, SCM, PLM, CPM, enterprise asset management, and MRO capabilities. www.IFSWORLD.com/uk

Contact Information

Christine Murphy

Phone: 44 (0) 149 44 28 991

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Shamima Begum

Phone: (020) 7067 0469

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