Project Showcase

BoM Data Impact Assessment

Project Goal

To identify the cost impact associated with missing Bill of Materials (BoMs) data

Client:

Operator

Asset:

Deep-Water Production Platform

Duration:

2 Days

Tag Count:

50,000

What we did

Add Energy’s BoM Calculator was used to identify the extent of missing BoMs in the CMMS, and the impact this had in terms of equipment downtime and unnecessary expenditure.

Add Energy Calculated:

  • Downtime costs
  • Delays in maintenance
  • Unneeded storage costs
  • Obsolete spares
  • Wasted administration time

Results

Using the assets production capacity statistics and benchmarking against industry norms, Add Energy found:

7112 missing Bill of Materials which could save:

  • £4,000,000 one year uptime
  • £1,300,000 one year maintenance
  • £73,600 one year supply chain admin
  • £500,000 one year unused spares

ANDREW GARDINER

Sales Manager - UK, Middle East, Europe
Asset & Integrity Management

 CONTACT

SUSAN STEYN

Vice President - USA, Canada
Asset & Integrity Management

 CONTACT

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