Case Study: Michelin optimizes asset management and reduces maintenance costs with Oxand Simeo

Michelin cuts asset management expenses by 15% with Oxand

Michelin sought to optimize risk control, planning, and lifecycle costs for its extensive portfolio of industrial, logistics, and tertiary infrastructure assets. The challenge was to evaluate asset performance and simulate management scenarios to make more informed investment decisions. To address this, Michelin partnered with vendor Oxand to leverage its digital asset performance tool, Oxand Simeo.

Oxand implemented its Simeo solution to model assets and simulate management scenarios. This provided Michelin with the visibility needed to prioritize operations and ensure maintenance aligned with service levels and risks. As a result of the solution from Oxand, Michelin reduced its asset management expenses by approximately 15% per year.

Michelin