Case Study: California Resources Corporation reduces procurement costs and speeds parts search with Decisions

California Resources Corporation cuts off-catalog purchases 20% over budget with Decisions

California Resources Corporation (CRC), the largest oil and gas producer in California, faced a major challenge managing its vast 60,000-square-foot parts inventory. With parts cataloged inconsistently across multiple vendor systems, procurement was inefficient and over budget, and off-catalog purchases were charged at a 20% premium. They partnered with Decisions to implement an automated solution.

Decisions created a unified, Google-like search system that consolidated CRC's disparate inventory data. This "Search Before You Buy" protocol allowed parts to be found faster within existing stock, drastically reducing off-catalog purchases. The solution also identified obsolete inventory, freeing warehouse space, and provided data for better supplier contracts. Overall, CRC achieved significant cost savings and increased revenue through more efficient procurement and inventory management.

California Resources Corporation