A leading Asian shipping company has an offshore business segment with fourteen FPSO/FSO assets. The specialist in energy transportation asked MaxGrip to help with their Bad Actor Management (BAM) to mitigate critical failures and drive operational excellence.
Approach
MaxGrip started out with an assessment of the current situation regarding asset failure. This assessment resulted in a new business process for the new Bad Actor Management initiative to which all relevant departments contribute together. The new process consists of five steps. The MaxGrip consultant deployed the process, developed all templates and supporting documentation and trained the users in relevant departments and at all levels.
Results
The turn-key process has just been set up and is expected to reap several benefits one of which is an expected reduction of deferment of 15-20% by the reduction of unwanted equipment breakdowns. Other results are included in the full case study.
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