Improving Offshore Supply Chain by Predictive Asset Management Making Smarter Business Decisions

Transcription

1 Improving Offshore Supply Chain by Predictive Asset Management Making Smarter Business Decisions Aberdeen, 28 November 2013

2 Agenda: Asset Management as the front office of the offshore supply chain Impact of failure prediction on planning How analytics can help predict asset failure? Case Study Smarter Turnaround Management 2 IBM CONFIDENTIAL

3 Agenda: Asset Management as the front office of the offshore supply chain Impact of failure prediction on planning How analytics can help predict asset failure? Case Study Smarter Turnaround Management 3 IBM CONFIDENTIAL

4 Asset Management is the Front Office of Offshore Supply Chain WORK & ASSET MANAGMENT MATERIALS MANAGEMENT PROCUREMENT FINANCE Planning Execution Reliability mgmt Materials supply Spares supply Services supply Sourcing Pricing Buying Payment Invoice mgmt Financial control Sustainability Safety Compliance Quality Supplier reliability Manifest & track Right stuff Right time Competitively priced Vendor confidence Supplier reliability Policy driven Typically SCM logistics cost represents 15~30% of total operating expenditure IBM CONFIDENTIAL

5 Remember Dreamliner? October 2011: Started commercial operation January 2013: All Dreamliners grounded April 2013: Dreamliners back in operation Lessons learnt 1. Capture asset lifecycle data 2. Embrace predictive analytics as BaU process 5 IBM CONFIDENTIAL

6 Typical Oil & Gas sector challenges Data loss at early stage of an asset creates gaps in supply chain 6 IBM CONFIDENTIAL

7 An Integrated Supply Chain Driven by Smarter Asset Management Saves Money Asset Strategy Plan Evaluate and Design Create / Procure Operate Maintain Modify Dispose 6% - 20% Savings 12% - 23% Savings 5% - 12% Savings Plant and Production 6% - 12% Savings 7% - 20% Savings 2% - 7% Savings 9% - 24% Savings IBM CONFIDENTIAL

8 Agenda: Asset Management as the front office of the offshore supply chain Impact of failure prediction on planning How analytics can help predict asset s future performance? Case Study Smarter Turnaround Management 8 IBM CONFIDENTIAL

9 Asset Performance Analysis Helps Improve Supply Chain Telemetry Sensor Predict Failure Improved Work Plan Maintenance Engineering data Analytics Operator s Log Identify Trends Improved Materials Plan Improved Procurement and Finance Better prediction, improved visibility, efficient supply chain IBM CONFIDENTIAL

10 Agenda: Asset Management as the front office of the offshore supply chain Impact of failure prediction on planning How analytics can help predict asset failure? Case Study Smarter Turnaround Management 10 IBM CONFIDENTIAL

11 How asset management can be smarter? ISO 13374: Condition assessment processing block Predictive Asset Management is application Analytics to the Asset Management. It helps unearth complex patterns of characteristics that lead to predictions of Asset or Safety failure risk. Mitigation actions can then be taken before risks become reality. 11 IBM CONFIDENTIAL

12 Refined View of Demand Smart shift use analytics to predict demand Asset Selection Performance Analysis Needs Assessment Investment Planning Condition Monitoring External Data {Labor, material, service, MEAV } Cost of Refurb / Replacement Business Constraints Risk Estimation & Prediction {Labor, routine disruptions, cost, material,.} Cost of Repair Decision Support Failure History Asset Attributes Failure Impact Cost of Service Interruption Backup Assets Operational Budget RCM Data & Text Analytics FMECA Business Modeling 12 IBM CONFIDENTIAL

13 Why asset data are important sensor data to predict future demand Condition Data + Analytics = Predictive Maintenance Extensively used in the airline industry, but Generic logic/rules-based diagnosis fit for a wide range of asset classes 13 IBM CONFIDENTIAL

14 Predictive Asset Management the power of Analytics Combine multiple sensors, mine past alarms, build trend, get early warning = AVOID FAILURE through PAM 14 IBM CONFIDENTIAL

15 Intelligent scheduling smarter workforce management A calendar view and map view of work order routes See work in Gantt View Bars have the same ability to create, split or delete assignments as Gantt View Start/End of Dispatching window, Start/End Location for each route is defined in Work List Drag bars to manually change the sequence of work orders for a labor/crew New application aimed at the process of assigning work to people Main tab (Work List) is very similar to that of Scheduler Gantt chart is similar but allows drilldown to individual assignments IBM CONFIDENTIAL

16 Agenda: Asset Management as the front office of the offshore supply chain Impact of failure prediction on planning How analytics can help predict asset failure? Case Study Smarter Turnaround Management 16 IBM CONFIDENTIAL

17 Case Study: Turnaround process improvement in a Oil & Gas company TAR Performance Monitor: Visualisation of complex TAR programme Quick readiness assessment TAR Analyser: Analyses scenarios and suggests project pack with lowest production deferral KPI management and risk profiling TAR Optimiser: Links all corporate functions related to TAR Optimises plan and supply chain for a TAR programme Efficient Turnaround Management needs visibility across supply chain 17 IBM CONFIDENTIAL

18 TAR Monitor - KPI Benchmarking IBM CONFIDENTIAL

19 TAR Monitor - Benefits Turnaround Monitor brings supply chain visibility and significantly improves manager s ability to dynamically plan execution Turnaround Monitor makes it easier for company to detect execution problems and take actions to reduce production losses Turnaround Monitor facilitates identification of improvement initiatives across supply chain IBM CONFIDENTIAL

20 Deb Chakraborty Associate Partner, IBM