Our Niche
Operational Readiness- A Value Added Service
The ability of the operations team to start-up and ramp-up after project handover is a critical factor in achieving the business case benefits. If the operations team is not ready to effect the start-up / ramp-up expeditiously, then output is lost and achievement of planned return on investment may be at risk. This is usually demonstrated by comparing actual output to McNulty Curves.
The primary goal of Operational Readiness is to ensure safe, on-time operations start-up and a ramp-up rate of the facility that matches budget and operations plan expectations. This is to be achieved using a combination of:
- Ensuring the operational readiness of the project supplied plant, facilities and infrastructure
- Ensuring that the operation of the new equipment is seamlessly integrated into existing systems, functions, business processes and procedures during start-up.
Financial Benefits :
- Increased Revenue, Improved Performance > 12%
- Lower OPEX ≈ 17 %
- Maximised project NPV/ IRR – Δ NPV ≥ 10%
- Decreased sustaining capital investment
- Cash Flow – Planned Cash flow
- Shareholder value Protected
Operational Benefits
- Increase production output;
- Lower energy consumption (up to 3% – 14% lower)
- Reduction in labour costs due to embedding operations personnel during the capital phase.
- Reduced waste through improved quality of product (up to 5% – 15%)
Maintenance Benefits
- Reductions for need of re-work during the design and construction phase
- Reduced downtime for scheduled, unscheduled and breakdown maintenance (up to 30% to 60% lower)
- Typical savings of ~2% to 4% of capex can be realized
Supply Chain Benefits
- Rationalization of the spare parts inventory
- Reduction in spare parts requirements due to improved maintainability
- Lower supply chain (including logistics, warehousing, labour) costs
- Typical savings of ~0.5% to 1.5% of capex can be realized