Seoul Solution

Korean steel producer implements enterprise maintenance system

Lake Buena Vista, FL  July 24, 2001  Korea's Pohang Iron and Steel Co. (POSCO), the world's largest steel producer, has incorporated enterprise asset maintenance software from solution provider MRO Software into its Process Innovation System, the software company announced this week.

POSCO's Process Innovation System and the company's maintenance process incorporate Bedford, Mass.-based MRO Software's MAXIMO enterprise asset maintenance system. POSCO will use MAXIMO for the management and maintenance of its steel production equipment and facilities.

POSCO implemented MAXIMO, which is fully integrated with Oracle release 11i, as part of an enterprise-wide process reformation program. MAXIMO fit into POSCO's existing IT architecture and user environment, and the system will manage 1.5 million pieces of equipment, 500,000 job plans, 800 storerooms and more than 100,000 work orders per month. POSCO is MRO Software's largest client with 6,000 concurrent users.

"Undertaking an IT project of this size, the largest ever in Korea, required solid collaboration among several technology suppliers and POSCO," said Kyeong-Ryul Ryoo, chief information officer of POSCO, in praising MRO Software's partnership with POSCO on the implementation.

"A project of this nature with such diverse needs and an unprecedented volume of data required a partnership with a company that could assist POSCO in dramatically changing their business processes, helping them achieve immediate economic value creation," commented Jack Young, executive vice president of products and technology, MRO Software.