One of our clients asked us to carry out a review to show them how much we had saved them.
The results surprised even us!
Our main approach concentrated on making the assets more efficient, allowing the focus to shift from reactive to proactive.
This inevitably resulted in cost savings, some of these savings were associated with a reduction in inspection requirements due to more intelligent risk assessments, but savings were also made due to productivity initiatives resulting in increased tool time per shift.
We are also working towards achieving "zero" inspection driven turnarounds and believe that this is a realistic target.
*graphic above shows conservative estimates based on only 18 months of data, we anticipate that these savings will reach £4,000,000 over the full term of the contract which provides a significant percentage return on investment.