Robert Airey, Parker Hannifin

Tobias Hammer, Parker Hannifin

Saving Money with Improved Asset Management

Offshore Europe 2017 Cinema Seminar

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

Frequent Asset Management Challenges

• Global – Norway to Namibia, Mexico to Mozambique

• Managing 10 to 100,000 assets

• Crane, valve, filter to a hose

• Recommissioning

2

Global –

Norway to

Namibia,

Mexico to

Mozambique

Managing

10 to 100,000+

assets

Crane, valve,

filter to a hose Recommissioning

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

3

Outsourcing of

services & stock

holding (on site

product support)

Effective

maintenance

schedules

Lead time of

OE spares &

logistics

Specification and

traceability

Frequent Asset Management Challenges

• Downturn – less staff and resource

• Loss of knowledge and history

• Health and safety concerns

• Maintenance – man hour service costs

4

Downturn – less

staff and resource

Loss of

knowledge

and history

Health and

safety concerns

Maintenance –

man hour

service costs

Frequent Asset Management Challenges

• Costs – downtime

• Software of ‘management’ toolscompatibility

5

Frequent Asset Management Challenges

• Add it all up and asset management gets complicated

6

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

• Various options of asset management

7

Attempts to Deal With the Situation

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

8

Cost of Unscheduled Maintenance

• Impact of one hose failure

9

Even Scheduled Costs

• 3-4 containers

• Supervisors – extra staff

• Circa 3 months work – man hours

• Accommodation

10

$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

11

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

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

12

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

13

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

14

Shift…

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

15

Example Using Scheduled Costs

$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

16

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!)

17

• 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

18

More Info on Drill Ship

Technology / Features Required

• Multiple options on market

• Software and tags of various forms

• Parker is one of them

• Operate multiple countries / markets

19

PTS – Key Features

• Technology

• Specification

• Supply chain

• Scale

• Safety

• Quality

20

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

21

Point-and-Click Workflow

• (Bill of materials)

• Record creation (application use)

22

23

Sample Screen

Record creation

(application use)

Record creation

(bill of materials)

24

Point-and-Click Workflow

Inspection data Replacement

alerts

emailed

automatically

25

Tracking Asset Condition

26

Asset Management

27

Notifications

Documentation and Certification

• Customised data books

• Certification records

28

Customised

data books

Certification

records

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

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

30

31

Not Parker-Specific: All Brands or Technologies

Questions and Discussion

32

Contacts for further information

Mick Perry or Anand Ramachandran

Parker UK sales company

T: +44 (0)1926 317878

www.parker.com/pts