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Supplier registration in Avetta within first eight months
Of those suppliers completed the manual audit process
MCO-I partnered with Avetta to streamline compliance, achieve continuous supplier monitoring, and gain real-time insights that reduce risk and drive operational excellence.
Prior to working with Avetta, Mitsubishi Heavy Industries Compressor International Corporation (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.
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.
“We want to show that environmental and information security-wise we maintain a safe, secure, and sustainable supply chain.”
– Jose N. Longoria II, Supplier Quality and Onboarding and Indirect Procurement Leader, MCO-I
Avetta’s platform offered a unified solution for managing compliance documentation, enhancing operational efficiency and data accessibility.
The platform enables MCO-I to monitor suppliers continuously, migrating from a reactive approach and mitigating risks associated with cyber threats and non-compliance.
Within the first eight months, 40% of MCO-I’s supplier base registered in Avetta, with 66% completing the Manual Audit process.
Avetta’s analytics capabilities allowed MCO-I to identify non-compliant suppliers, driving a more mature and integrated supplier management system.
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.
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.
MCO‑I is the North American arm of the Mitsubishi Heavy Industries Compressor Corporation (MCO) group, dedicated to designing and manufacturing high‑performance centrifugal compressors, mechanical drive steam turbines and associated systems from its Pearland Works facility near Houston, Texas. They serve critical industries including oil & gas, petrochemical, LNG, and power generation, offering both cutting‑edge equipment and comprehensive services built on global solutions with a strong local presence.
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