Atlanta, GA, April 27, 2007 --(PR.com
)-- Infor has implemented Infor EAM Datastream 7i, a Web-based enterprise asset management (EAM) system, in China's Huolinhe Coal Industry Co Ltd (Huolinhe), located in Inner Mongolia which produces 20 million tons of coal annually.
Infor EAM is designed to help customers optimize the performance of their capital assets, uncover hidden profit potential and gain more granular control over their asset management operations. Since its implementation, Huolinhe has established a complete system for its asset management, equipment maintenance, storage management, purchase management and precision cost control. Through a careful analysis of its management process and based on the goal of effective control, Huolinhe has also created a business process-based Key Performance Indicators (KPI) system for a stronger indication of achievements in management goals and for better results.
A streamlined coal-mining operation that results in lower facilities costs and in more informed business decision-making will play an important role for Huolinhe in managing its assets while increasing its productivity and profit ratio.
"Enterprise asset management is critical for companies in the open-cast coal mine industry in order to become a modernly-run enterprise that can compete with an advantage," said Jing Xiaorui, Deputy Manager and EAM Project Director of Huolinhe Coal Industry Co Ltd.
"Infor EAM Datastream 7i integrates an advanced management concept, combining it with the science of asset management. EAM also helps us to optimize the process, minimize costs and maximize benefits. It strengthens our core competitive advantage, decreases operation cost, increases our overall efficiency, shortens the time to response and maintenance, extends the equipment lifespan, upgrades a reasonable level of parts stored in our warehouse and enables us to make informed purchase decisions.
"The Infor team demonstrated deep domain expertise by understanding our management needs and helped educate Huolinhe management into the concept of EAM step by step, and worked hard to smoothly implement the project successfully," added Jing.
The Infor EAM system will enable Huolinhe to be more competitive, while enhancing its management best practices, transforming it into a world-class open-cast coal mine that can embrace both challenges and opportunities in a rapidly growing economy which also faces fierce competition and globalization.
"Infor EAM Datastream 7i has the business-specific functionality required by the coal industry built into the solution. This implementation will let the Huolinhe management take a pulse of its coal business operations at any time to make informed decisions and for strategic planning," said Steve Shorten, Regional Vice President EAM Division in Asia Pacific at Infor.
"Infor EAM Datastream7i enables Huolinhe Coal to create a more comprehensive vision by capturing and consolidating metrics from different systems. The solution will help its management to revolutionize and modernize the Huolinhe Coal," said Dai Wei, General Manager of Shanghai Renmai Technology Co Ltd, Infor's executive partner for this project.
About Infor EAM
Infor Enterprise Asset Management solutions allow customers to maintain, manage, and improve the performance of their capital asset infrastructure, such as manufacturing equipment, fleet, and facilities, by combining asset management functionality and advanced reporting with advanced analytics to deliver a powerful platform for optimizing enterprise asset performance. Infor's EAM solutions go beyond traditional management of assets providing information that helps identify key trends and anomalies, forecast performance issues, and helps to make forward-looking decisions to take action.
About Huolinhe Coal Industry Co Ltd
Located in Inner Mongolia, Huolinhe Coal Industry Co Lid is the first large joint-stock strip coal industry company in China. The annual production of the company exceeds 20 million tons while the entire storage of the coalfield is 11.92 billion tons. It has a capital of 3 billion Yuan and its net assets value is 1 billion Yuan while the net assets earning ratio is 37 percent. The Huolinhe Coal Industry Co Lid is sponsored by 11 entities including Huolinhe Coal Group. With good asset, a low debit as well as good credits, the Huolinhe Coal Industry Co Lid is mainly engaged in coal production and sale, and has the multiple-factor strategy. For additional information, visit www.hcgcl.com.cn .
Infor delivers business-specific software to enterprising organizations. With experience built in, Infor's solutions enable businesses of all sizes to be more enterprising and adapt to the rapid changes of a global marketplace. With more than 70,000 customers, Infor is changing what businesses expect from an enterprise software provider. For additional information, visit www.infor.com .