Due to changing economic conditions, operating companies need to make decisions regarding the temporary interruption or cancellation of major capital projects. This may be due, among others, to the need to protect cash flow or because the business case has ceased to exist.

There may be various objectives for gaining control over this stock, for example, to use the stock on hand from interrupted projects for current operations, or for its partial or complete sale. Each case will require that different data be captured.

Phoenix AMC has designed effective and efficient business processes supported by purpose-built software tools and our subject matter expertise in the areas of equipment condition assessment, procurement and stock management. This gives our clients the assurance of the cost-efficient capture of stock on hand.