Mitsubishi Heavy Industries Compressor International: Elevating Compliance and Supplier Risk Management with Avetta
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About Mitsubishi Heavy Industries Compressor International
Headquarters: Houston, TX, USA
Domain: Machinery Manufacturing
Services: Centrifugal Compressors, Integrally Geared Compressors, Mechanical Drive Steam Turbines, Packaging, Service, Repair, Field Service, Rotor and Critical Spare Parts Storage, Engineering, Manufacturing, compressor testing, technical training, Field Service support, High Speed Balance, API 617 Compressor Testing, and Reverse Engineering
Founded: 2012
Headcount: 100+ employees
Avetta Customer Type: Hiring Client
Website: https://www.mhi.com/group/mcoi/
Company Profile
Mitsubishi Heavy Industries Compressor International (MCO-I) was established in Houston, Texas, in 2012. Known for its leadership in technology, quality, efficiency, and reliability, MCO-I is committed to expanding its process compressor and mechanical drive steam turbine business. The company supports the Oil & Gas and Petrochemical markets through new unit sales, packaging, service, repair, and storage solutions, all from its state-of-the-art, 180,000 ft² facility in Pearland, Texas, staffed by local sales, engineering, and operation experts.
Challenges in Compliance Management
Prior to working with Avetta, MCO-I encountered obstacles in monitoring compliance for multiple certifications, including ISO 14001, 45001, and 27001. They understood that this approach could potentially leave them vulnerable to risks such as cyber threats and compliance management within their supplier network, and they also had a desire to gain greater visibility into supplier mergers and acquisitions.
The Avetta Experience
MCO-I’s decision to work with Avetta in October 2023 marked a transformative shift in their supplier risk management approach. Leveraging Avetta’s platform, MCO-I transitioned from periodic to continuous supplier audits, enhancing their Health, Safety, Environmental, and Information Security compliance oversight. Avetta’s centralized database provided MCO-I with real-time insights into their suppliers’ compliance status, allowing for proactive management and improved data integrity.
Utilizing the Avetta platform in their supplier management was supportive in passing their recent ISO audits.
Benefits of Partnership with Avetta
Centralized Documentation: Avetta’s platform offered a unified solution for managing compliance documentation, enhancing operational efficiency and data accessibility.
Continuous Compliance Monitoring: The platform enables MCO-I to monitor suppliers continuously, migrating from a reactive approach and mitigating risks associated with cyber threats and non-compliance.
Increased Supplier Engagement: Within the first eight months, 40% of MCO-I’s supplier base registered in Avetta, with 66% completing the Manual Audit process.
Enhanced Analytics: Avetta’s analytics capabilities allowed MCO-I to identify non-compliant suppliers, driving a more mature and integrated supplier management system.
Future Integration: MCO-I plans to integrate Avetta with their SAP system, leveraging real-time data on safety, cyberattacks, and environmental challenges to enhance their supplier scorecard and competitive edge.
Conclusion
Mitsubishi Heavy Industries Compressor International’s utilization of the Avetta platform has significantly streamlined their compliance and supplier management processes. The unified platform has enabled continuous monitoring, enhanced data integrity, and increased supplier engagement. As MCO-I continues to integrate Avetta with their systems, they are poised to achieve real-time insights and maintain a competitive edge in the industry. Avetta’s solution has not only improved MCO-I’s operational efficiency but also paved the way for future growth and industry leadership.
"We want to show that environmental and information security-wise we maintain a safe, secure, and sustainable supply chain."