Boosting efficiency in utility resource management
For utility providers operating in regulated markets, setting targets to increase profits is a constant challenge. Slow demand growth, fueled by rising energy efficiency and distributed generation, has only exacerbated the problem.
To unlock hidden profit potential, many providers are turning to resource management strategies such as maximizing resource utilization, increasing efficiency, and lowering operational costs. The key to success, however, lies in closing the gaps between strategy and operations.
Effective resource management requires optimized planning across all time horizons. To support strategic plans while meeting critical needs, utility providers need to optimize vital capabilities such as resource forecasting; scheduling of planned and unplanned maintenance; and planning long-cycle projects like construction or outage work.
Most of all, utility providers need the flexibility to shift staff and equipment around, and make changes on short notice. Here's how:
Better understand demand to plan for strategic goals
Quintiq helps you understand the demands on your resources to plan for short- and long-cycle work effectively. It factors in historical workload, growth expectations, and all your unique requirements to create plans that will achieve resource capacity, business growth, and profitability KPIs.
Prepare contingencies for tactical needs
Quintiq enables contingency planning with its ‘what-if’ scenario planning capability. It helps you prepare for the unexpected or validate a new strategy. Simulating the impact of each decision allows you to spend less time re-planning, keep costs in check, and minimize the impact of every change.
Get real-time decision support for speedier resolutions
The true test of planning agility comes when the unexpected strikes. With Quintiq, your people and equipment can be reassigned to deal with changing situations quickly and efficiently. New information is sent directly to field workers while planners get updated on the latest schedules, location, and work status.