Case Study: Qinzhou Electric Power reduces operational costs with IFS

IFS helps SDIC Qinzhou reduce operational costs by 20%

The Chinese power plant Quinzhou Electric Power faced challenges with its disparate and outdated operational systems, which led to inefficient, manual processes and a lack of real-time data for decision-making. To address this, the company turned to vendor IFS and implemented a suite of its applications including IFS Financials, IFS Human Resources, IFS Project Management, and IFS Enterprise Asset Management.

By implementing IFS solutions, Quinzhou Power gained a centralized, real-time view of its operations, enabling better demand forecasting, inventory management, and proactive maintenance. The measurable results included a 20% reduction in overall operational costs, a 15% decrease in maintenance costs, a 33% reduction in inventory costs, and a 30% enhancement in inventory turnover rate, all while increasing asset uptime and power generation capacity.