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Robert Airey, Parker Hannifin
Tobias Hammer, Parker Hannifin
Saving Money with Improved Asset Management
Offshore Europe 2017 Cinema Seminar
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Speaker Biography
• Robert’s career spans general management, sales
development and marketing at international level. A
technology and market development for Parker’s UK
sales company, Robert has strong understanding of
the UK and global markets
• Tobias is highly experienced
in new product development,
operations management and
business development1
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Frequent Asset Management Challenges
• Global – Norway to Namibia, Mexico to Mozambique
• Managing 10 to 100,000 assets
• Crane, valve, filter to a hose
• Recommissioning
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Global –
Norway to
Namibia,
Mexico to
Mozambique
Managing
10 to 100,000+
assets
Crane, valve,
filter to a hose Recommissioning
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Frequent Asset Management Challenges
• Effective maintenance schedules
• Lead time of OE spares and logistics
• Outsourcing of services & stock holding (on site product support)
• Specification and traceability
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Outsourcing of
services & stock
holding (on site
product support)
Effective
maintenance
schedules
Lead time of
OE spares &
logistics
Specification and
traceability
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Frequent Asset Management Challenges
• Downturn – less staff and resource
• Loss of knowledge and history
• Health and safety concerns
• Maintenance – man hour service costs
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Downturn – less
staff and resource
Loss of
knowledge
and history
Health and
safety concerns
Maintenance –
man hour
service costs
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Frequent Asset Management Challenges
• Costs – downtime
• Software of ‘management’ toolscompatibility
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Frequent Asset Management Challenges
• Add it all up and asset management gets complicated
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Asset
management
gets
complicated 6
Global –
Norway to
Namibia,
Mexico to
Mozambique
Managing
10 – 100’s
thousand
assets
Crane,
valve,
filter to a
hose
Recommissioning
Software of
‘management’
tools
compatibility
Costs -
downtime
Outsourcing
of services &
stock holding
(on site
product
support)
Effective
maintenance
schedules
Lead time
of OE
spares &
logistics
Specification
and
traceability
Downturn
– less staff
and
resource
Loss
knowledge
and history
Health
safety
concerns
Maintenance –
man hour
service costs
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• Various options of asset management
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Attempts to Deal With the Situation
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Use Simple Hose as Example
• Inspect
• Decipher
• Remove
• Measure
• Cut
• Set up tooling
• Assemble
• Clean / flush
• Test
• Document
• Other – training / staff
• Other – tooling
Seems simple?
Cost per hour $60 and capital investment $250K minimum
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Cost of Unscheduled Maintenance
• Impact of one hose failure
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Even Scheduled Costs
• 3-4 containers
• Supervisors – extra staff
• Circa 3 months work – man hours
• Accommodation
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$Millions + Prevent Injury, Loss of Life
• Attorney websites promote legal wins…
• Burns, blunt brain trauma, crush injuries etc.
• Compensation due to negotiations on one
settlement over $11 million (incl fees) before
trial
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Feeds an Industry
Environmental,
human & legal consequences…
• Attorney websites
promote legal wins…
• Burns, blunt brain
trauma, crush
injuries etc.
• Compensation due
to negotiations on
one settlement over
$11 million (incl fees)
before trial
They WILL audit your
maintenance records
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Asset Management – Typical ‘Wish List’
• Digital solution
• Quick and easy to use
• Accurate – less mistakes
• Global and easily accessible?
• Meet needs – specifier, engineer,
maintenance, legal, buyer, owner
• Drives improvements
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Example of technology shift
Fleet drilling vessels – operate in several countries
• Manual filing & storage held on the vessel
• Not always matched to asset
• Extensive time in port
• Poor tracking of life / failure
Additional risk
• Misplacement of documents
• Fines – documents vs inspections
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Secure cloud-based documentation
Single source for record management
Accurate & available when needed
Reclassification every 5 years
• less time (man hours) in dock
Accommodation issues now relieved
Less risk to fines – quickly updated
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Shift…
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5 vessels = $10m on hoses alone
Example using scheduled costs
• Just hose replacement
circa $2 million (based
on 5,000 assemblies)
• 5 years later –
recommission?
Time?
• 3-4 containers
• Supervisors – extra staff
• Circa 3 months work –
man hours
• Accommodation
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Example Using Scheduled Costs
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$700K Saving
• Initial work/cost involved
3 Containers
4 Supervisors
14 Weeks
• Hoses
Measure
Fabricate
Pressure test
Clean
Document
Tag – Parker PTS
$700K Saving on 5,000 Assemblies
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Recommissioning Result
• 1st hose replacement circa $2
million
• 5 years later, 2nd time approx. $1.2
million
How / why?
• Produce hoses prior to the project
start date
• Reduced on-site labour - planned
• Possible to swap out hoses - vessel in
transit
5 vessels = $3.5m ($140 per hose!)
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• Customer only needs to survey
once
• Maintain records for the full 5 years
THEN
• Accurate records to start from –
no guesswork
• know material needed, less
scrap, less rework, MUCH
less labour
• Also means knowing the root
causes = improvements
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More Info on Drill Ship
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Technology / Features Required
• Multiple options on market
• Software and tags of various forms
• Parker is one of them
• Operate multiple countries / markets
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PTS – Key Features
• Technology
• Specification
• Supply chain
• Scale
• Safety
• Quality
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Tags and Traceability
• Unique ID provides accurate traceability to specific location or asset
• Assembly date provides time-based inspection or replacement triggers
• Customer part numbers and bar codes enable link to back office systems
• Custom label data displays instructions or contact information
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Point-and-Click Workflow
• (Bill of materials)
• Record creation (application use)
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Sample Screen
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Record creation
(application use)
Record creation
(bill of materials)
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Point-and-Click Workflow
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Inspection data Replacement
alerts
emailed
automatically
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Tracking Asset Condition
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Asset Management
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Notifications
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Documentation and Certification
• Customised data books
• Certification records
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Customised
data books
Certification
records
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Master Tags
• 1 Master Tag can equal Multiple Tagged Assets
• Fast and easy way to “reassemble” multiple records in the field
• Copy on chassis, packing materials or paperwork
29Parker® Tracking System
• 1 Master Tag can equal Multiple Tagged Assets
• Fast and easy way to “reassemble” multiple records in the field
• Copy on chassis, packing materials or paperwork
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Leads to the Savings - $ and Safety Improvements
• Produce hoses prior to the project start date
• Reduced on-site labour - planned
• Possible to swap out hoses - vessel in transit
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Not Parker-Specific: All Brands or Technologies
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Questions and Discussion
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Contacts for further information
Mick Perry or Anand Ramachandran
Parker UK sales company
T: +44 (0)1926 317878
www.parker.com/pts