The story of continuous improvement in U.S. energy has two alternate endings. Depending on the topic of conversation, the sector is either a poster child for CI or a cautionary tale for what happens without it. How can the energy sector …Read More
The story of continuous improvement in U.S. energy has two alternate endings. Depending on the topic of conversation, the sector is either a poster child for CI or a cautionary tale for what happens without it. How can the energy sector …Read More
No industrial business that hopes to turn a profit in the era of Industry 4.0 can do so without selecting the right key performance indicators (KPIs). These metrics afford operations managers and senior-level decision-makers critical …Read More
Asset-intensive industries have cautiously maintained their commitment to present and future major capital investments in the wake of the 2008 economic collapse. Total capital expenditure, which includes the purchasing of both …Read More
In theory, the continuous improvement model encourages organizations to advance positive changes frequently and smoothly. But what about in practice? How can an industry such as oil and gas, currently struggling with so much …Read More
Running a successful midstream oil and gas company can feel a lot like caring for a two-headed dog, one head for upstream operations and the other downstream. Midstream can’t address one head’s needs over the other, …Read More
Natural gas production has remained stagnant even as the nation creeps toward cooler weather. Instead, processing plants have begun to increase the variety of products in their portfolios, investing in asset infrastructure for …Read More
Regularly scheduled repairs on capital-intensive assets are the cornerstone of any preventive, predictive, or proactive maintenance strategy in the industrial sector. By preempting outright equipment failures and …Read More
Tenets of process improvement must, by nature, contain a certain degree of ubiquity. Processes are everywhere: on manufacturing production lines, in back-end administration, from the warehouses to the corner offices to cyberspace. …Read More
Process mapping allows businesses to chart out steps in a given system to understand them more fully. Virtually every process in any industry can and should be mapped, in order to conceptualize exactly where bottlenecks may exist, …Read More
Comprehensive preventive maintenance and asset management ensure both the functionality, and efficiency of high-value equipment at a given business throughout its lifecycle. Yet, without an equally comprehensive auditing and …Read More