ProcessMaker > Case Studies > California Resources Corporation Optimizes Resource and Asset Management with ProcessMaker

California Resources Corporation Optimizes Resource and Asset Management with ProcessMaker

Company Size

1,000+

Region

America

Country

United States

Product

ProcessMaker

Tech Stack

Workflow Automation
Low-Code BPM

Implementation Scale

Enterprise-wide Deployment

Impact Metrics

Cost Savings
Productivity Improvements

Technology Category

Application Infrastructure & Middleware - API Integration & Management
Functional Applications - Inventory Management Systems

Applicable Industries

Oil & Gas

Applicable Functions

Procurement
Warehouse & Inventory Management

Use Cases

Inventory Management
Supply Chain Visibility

Services

Software Design & Engineering Services
System Integration

About The Customer

California Resources Corporation (CRC) is a publicly traded oil and gas exploration and production company — the largest oil and natural gas producer in California on a gross-operated basis. CRC operates a world-class resource base exclusively within the state of California, applying complementary and integrated infrastructure to gather, process, and market production. Using advanced technology, CRC’s 4,000+ employees and contractors focus on safely and responsibly supplying affordable energy for California by Californians.

The Challenge

California Resources Corporation (CRC), the largest oil and natural gas producer in California, was facing a significant challenge in managing its vast inventory. The company had a 60,000 square foot inventory using a network of vendor suppliers with different descriptions and item numbers. This made it difficult to automate the part inventory systems and consolidate them into a single search. CRC only had their parts inventory cataloged by description, a field with lots of variability. Procurement was difficult, with CRC vendors rapidly searching inventory to locate needed parts. Off-catalog requests were too high and parts procurements was 20% over budget.

The Solution

CRC relied on a dozen legacy procurement systems before ProcessMaker. With ProcessMaker, an automated, Google-like search of disparate inventory sources was created. CRC was then able to introduce a “Search Before You Buy” process that made procurement efficient. Wells are now repaired more quickly, positively impacting oil production. By bringing together inventory data from disparate sources, standardizing and improving indexing criteria and making it available for downstream decision making, CRC is transforming their business and becoming much better steward of financial resources. Access to the right data in an easy to find, structured process would reduce variability and costs from procurement, contracting, vendor management and inventory management processes.

Operational Impact

The “Search Before You Buy” procurement protocol immediately reduced calls and emails between departments, requesters, the warehouse, and external vendors.
Parts were found faster and more accurately within the existing inventory as a result, greatly reducing the number of off-catalog purchases.
Each off-catalog purchase had upcharged 20% or more.
Additionally, metrics were reported on many new pieces of data. This information indicated frequently used parts, showing demand for various parts to be sourced locally.
It is preferable for the vendor to incur the cost of inventory, having the service level agreement deliver to CRC for local parts.

Quantitative Benefit