In this session, we’ll explore how Woodside successfully reduced thousands of maintenance hours and banked over 7 figures in savings by optimising maintenance strategies.
We’ll dive into the innovative maintenance strategy review tool that was developed in-house, utilising diverse data sources and applying fundamental reliability techniques. This approach quickly pinpointed over, under and incorrectly maintained equipment, facilitating targeted reviews for data-driven decision making.
- Uniting reliability fundamentals and data science.
- The effectiveness of a minimum viable product (MVP) for quick wins.
- Deep dive into the strategy review tool & how we achieved rapid business integration and sustained value delivery.
- Future plans and application advancements.
- 7 figures in annualized savings by optimising maintenance using operational data and reliability principles.
- Saving thousands of maintenance hours.
- The direct benefits of a data-driven approach.
- Slowly changing culture around data collection and the benefits of good data collection.