What happens in a global pandemic when you urgently need a two- and quarter-ton 1. 6-metre-diameter shutter or a high-spec round rotary tap for your high-sea assets?The same Italian valve manufacturer blocked several weeks ago and its Chinese pipe fitting manufacturer just repainted with a delay of one kilometer. And nowhere can you have such heavy parts and faces “on the shelf”.
If this had happened a few years ago, it may have become stuck, but the immediate digitization of chain of origin control has come to the rescue by proposing new work tactics, just in time.
COVID-19 highlighted weaknesses in the procurement processes of many oil and fuel operators. It is unusual to locate offshore operators who get up to 70-80% of their materials from only 3 or 4 corporations to expedite reception, but this has left many operators at this time they cannot get what they need and sometimes without the right processes and certifications to get them elsewhere.
The immediate decline in foreign travel has had an effect on air cargo. With more than 40% transported on passenger planes and discounts on advertising air traffic exceeding 60% in some regions, this mode of logistics is under significant stress. Airlines have made efforts to provide advertising goods transport facilities rather than customer transport, the procedure is still being completed.
Shipping routes remain active, but the virus has had an effect on docks and ground logistics. Normally, a shipment from China to the Middle East can take 4 weeks; Now, reception at the pier can take 8 weeks or more, and only then can it be sent abroad. Even ground shipments have struggled, as deliveries from east Australia to western Australia take two to three weeks to reach a point, compared to the usual two to three days.
With respect to the valve, regardless of how long the production site is blocked, it will most likely take the same time to resume operations, adding the procedure of reemployment, consolidation of the chain of origin, and stabilization of inventory levels. , for a giant high specification valve, delivery may take months or even a year or more in case of lack of inventory. This highlights the desire to start diversifying the resources of origin, and approaching the house is an intelligent start. types of production functions and raw curtain features are nearby that would allow you to run the rest of the source chain in the time you are offered?
Possibly there would also be a price race. With continued oil market instability and ever closer production closures, many operators will take the opportunity to adopt primary maintenance projects, first planned for a later date. if it is not at hand, they will soon seek to achieve it, with the same old needs for an operation still in force. It’s an undeniable fact that plants want portions. This does not mean that portions are not available; only that procurement processes followed by many operators do not provide sufficient visibility to evaluate and access other options.
A virtual dual in the procurement process can identify a disruption or bottleneck in the source chain early on and inspire procurement groups to reallocate resources or locate alternatives. real-time review. To maintain long-term protection and availability, they will want to know how to acquire desired critical parts to avoid primary outages and put source chain threat mitigation measures in place.
The solution does not want to be to physically buy the portions in stock. An offshore trader can simply implement an asset functionality control formula in the higher risk apparatus to provide greater signs of early caution. -d print supplier or complex production facility to get a concept of the portion production program in the area. The trader can also assess what stocks can be had nearby through an e-commerce platform.
While the industry focuses on saving charges to trump existing instability, many see the advantages of converting surpluses and used assets into cash. Digital source chain responses make this much faster and maximize price by connecting the right people with others.
End-to-end digitization of the chain of origin has been on the horizon of the oil and fuel industry for some time; however, for many operators, the great disruption of the COVID-19 is accelerating the transition. The desire for survival stimulates change.
Currently, disruption is also helping the industry crystallize its priorities. For the source of the source chain, there is really no more time to verify the virtual techniques that will create the desired agility and diversity. Many font chains will remain fragile for some time and confidence will need. But with digitization, much of this acceptance as true will be incorporated from the beginning, offering complete visibility into the history of the asset document, or by accessing a 3-d printer and a complex manufacturer with the required experience, if a new component is sought in the short term.