April 18, 2024

NAPIMS unveils e-MMS to manage inventories, reduces operational inefficiencies

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Solomon Ezeme

As part of efforts to address inefficiency and ensure accuracy in its entire operations the National Petroleum Investment Management Services (NAPIMS) has introduced a centralised Electronic Materials Management Solution (e-MMS) . This was revealed in a statement obtained by EnergyDay from NAPIMS.

The centralized inventory tracking system according to NAPIMS will enable it track procedures across board, ensure timeliness, reduce redundancy, data integrity and drive automated workflow.

NAPIMS it would be recalled, was established as a Corporate Services Unit (CSU) of the Nigerian National Petroleum Company (NNPC Ltd). The agency was the first government organization in West Africa to receive ISO certification.

Mr. Bala Wunti, Group General Manager, NAPIMS, in a statement obtained by EnergyDay revealed that on resumption in 2020 during the COVID-19 pandemic, he outlined delivery strategies to achieve a bold milestone and bridge the gap between NAPIMS and that of the operators.

Wunti said the company developed a Business Continuity Plan initiative to eliminate disruption to business, operation and cash flow.

“NAPIMS also developed the Role Based System, Asset Based Management, while the launch of the Nigeria Bottom Up Cost Optimization Program assisted in operational visibility of assets and ensured continuity and sustained supply with the support of the operators.

“We had to develop a strategy that would give us end-to-end visibility of our assets. We believe that our processes and procedures would have redesigned our operating and business model.

“Oil and gas continue to flow, including power, and we did not record any interruptions during the period,” he said.

Wunti further stated that the e-MMS is a transparent platform for exchange, provision, acquisition and bidding, among others.

Mr. Adokiye Tombomieye, NNPC Chief Executive Officer, Upstream, also in a statement commending NAPIMS for the innovative solution said, e-MMS as an end-to-end automated inventory management platform developed to manage inventory, materials, options and asset disposal.

Tombomieye therefore noted that the implementation of the e-MMS would support its cost inventory initiatives and ensure seamless cross-inventory and offer a direct online payment gateway for items purchased on the auction platform.

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