For companies in today’s energy, process and utilities (EPU) industry, navigating increased complexity is critical to succeeding in the face of change. More than ever before, EPU organizations need to diversify their offerings to remain competitive in the marketplace. Major industry players are entering into new ventures that will allow them to increase their pace of innovation and improve efficiencies throughout their organization. This ultimately enables organizations to align product supply with the changing priorities and demands of customers and the public.
At Dassault Systèmes, we have more than 30 years of experience working with EPU companies around the world, so we know just how difficult it can be to reduce complexity and improve development cycles – which is why we’re so excited to be helping Chevron do just that. Chevron Products Company, a division of Chevron U.S.A. and a manufacturer and supplier of premium base oils and finished lubricants, recently selected the 3DEXPERIENCE platform to accelerate the development of lubricant products that are sold under the Chevron, Texaco and Caltex names worldwide.
Chevron’s lubricants business has a history of innovation that includes hundreds of new or changed product projects annually. Each project involves dozens of participants across various disciplines all working on different formulations, regulations and raw materials in multiple locations. The company – like many others in the EPU industry – will rely on the Dassault Systemes’ “Perfect Product” industry solution.
The “Perfect Product” Industry Solution Experience enables chemical manufacturing companies to collaborate in a digital environment, shortening time to market, accelerating productivity and fostering the development of better products. For Chevron, this means that employees across multiple functions inside their lubricants business and located throughout different geographies will be able to access a single source of searchable and reusable product data, gain insight into project status and target completion dates at any time, while streamlining supply chain activities.
“We turned to Dassault Systèmes to support our efforts to build on more than a century of scientific lubricants research and innovation,” said Brian Stripling, General Manager, Brand, Technology and OEM, Chevron Lubricants. “We aligned our processes and work based on best business practices and functionality thanks to the services of Tech Mahindra, Dassault Systèmes’ systems integration partner. As we continue this journey to reduce complexity, we have embarked on integrating additional processes into our Dassault Systèmes platform.”
Leading companies in the EPU industry share a common challenge: complex processes that can cause issues that are discovered too late in the product development process and delay the delivery of solutions to market. These same companies – including Chevron – are also discovering that platforms like the 3DEXPERIENCE enable them to benefit from an enterprise-wide approach to innovation.