Kimberly-Clark chooses Meridium for asset performance management solution
ROANOKE, Va., Sept. 7, 2006 -- Meridium Inc., announced today that Kimberly-Clark Corporation (NYSE: KMB) has signed an agreement to use a combination of Meridium's asset performance management (APM) software solutions to enhance the reliability of data gathering and analyses of K-C's company-wide assets.
According to the agreement, K-C will leverage Meridium's APM solutions to help improve the performance of the equipment the company uses to manufacture its health and hygiene products and the efficiency of its many mills and distribution facilities.
"Implementing Meridium's APM solution into our asset management process will help K-C establish more standardized asset data structures and reliability practices, and improve asset problem resolutions, data integrity and the streamlining of data extraction from SAP(R) systems," said Mark Bennett, Director of Kimberly-Clark's Total Asset Life-Cycle Management Center of Excellence.
K-C chose Meridium's leading APM solutions following a seven-month pilot program last year. During the pilot, Meridium provided Kimberly-Clark an array of its APM software and services including:
* Reliability Centered Maintenance (RCM)
* Root Cause Analysis (RCA)
* Inspection management
* Calibration management
* Asset strategy management
* Key Performance Indicators (KPIs) and scorecards
"We investigated other asset performance management tools and service providers, but a number of factors led us to choose Meridium, including their relationship with and knowledge of SAP systems, as well as their industry reputation in the areas of reliability and statistical analysis," said Bennett.
According to Bonz Hart, Meridium founder and CEO, "Meridium is happy to be working with an industry leader such as Kimberly-Clark that puts a high priority on asset reliability and overall operational excellence. Meridium's relationship with K-C reinforces that during increasingly competitive times, asset reliability and availability initiatives must align with business objectives in order for companies to be successful and profitable."
Meridium, Inc. is the leader in asset performance management solutions for industries including refining, chemicals, power and paper. With Meridium software and services, companies can improve profitability and achieve predictable production capacity without additional capital expense by increasing reliability and improving the performance of their production assets. For more information, visit http://www.meridium.com or call Meridium's U.S. headquarters at +1 (540) 344-9205.
Kimberly-Clark and its well-known global brands are an indispensable part of life for people in more than 150 countries. Every day, 1.3 billion people -- nearly a quarter of the world's population -- trust K-C brands and the solutions they provide to enhance their health, hygiene and well-being. With brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend, Kimberly- Clark holds the No. 1 or No. 2 share position in more than 80 countries. To keep up with the latest K-C news and to learn more about the company's 134- year history of innovation, visit http://www.kimberly-clark.com.
SOURCE Meridium Inc.
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