Inventory Management and Optimization: Balancing Efficiency and Demand

Operational Readiness (OR) entails integration of operations, maintenance, and reliability philosophies into the Engineering, Procurement, and Construction (EPC) phases of both greenfield and brownfield capital projects. Incorporating OR into the conceptual Pre-Front End Engineering Design (Pre-FEED) phase, or throughout the FEED, Detailed Design, or even Commissioning and Start-up phases will result in a step-change improvement in the operations, maintenance, and reliability practices at any industrial plant.

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Our Approach

Pre-FEED

  • Aligning project objectives with business goals.
  • Enterprise risk management.
  • Reliability Centered Design (RCD).

FEED

  • Aligning project objectives with business goals.
  • Enterprise risk management.
  • Reliability Centered Design (RCD).

Detailed Design

  • Enterprise risk management.
  • Reliability Centered Design (RCD).
  • Maintenance optimization (including MRO)
  • Reliability practices (RCM, FMEA, etc.).

Construction

  • Enterprise risk management.
  • Standard operating procedures (SOPs).
  • Maintenance optimization
  • Reliability practices (RCM, FMEA, etc.).
  • Turnaround effectiveness.
  • Operational excellence.

Start-Up

  • Enterprise risk management.
  • O&M staff training and competence.
  • Maintenance optimization
  • Reliability practices (RCM, FMEA, etc.).
  • Turnaround effectiveness.
  • Operational excellence.

Closeout

  • Enterprise risk management.
  • Maintenance optimization
  • Reliability practices (RCM, FMEA, etc.).
  • Turnaround effectiveness.
  • Operational excellence.

Tangible Benefits:

Safe and smooth transition from start-up to operation

Risks mitigated due to scope and schedule alignment

Faster time to market

Fewer plant downtime from start-up

Enhanced regulatory compliance

Real-World Success

Imagine a power plant where operators respond swiftly during an outage. Picture a chemical plant where maintenance crews replace a critical component without delay. That’s operational readiness in action.