The power industry has evolved significantly over the last decade, with a focus to develop technologies with lower carbon emissions and to harness power from renewable energy. The supply chain and logistics processes are regarded as critical success or failure factors for both the day-to-day operations as well as new project developments.
We have collaborated with all the major power generation manufacturers to design and develop innovative logistics and supply chain solutions. These solutions cover gas turbines, generators and transformers, offshore wind turbines and hydro-electrical equipment. With the evolution power industry there is growing realization that achieving excellence in supply chain and logistics is the key foundation for every kind of value improvement effort.
Whereas some industry players have achieved success in minimizing costs at specific points of the supply chain, the limited investment in people, process and system excellence has resulted in:
- Limited performance visibility
- Lack of understanding of actual impact on the bottom line
- Increased exposure to high risk operations
- General underestimation of actual CAPEX and OPEX supply chain and logistics spend
Slowly, but steadily, times are changing, and supply chain and logistics has become an increasingly important support function. There is more appreciation on the potential opportunities that can improve supply chain performance and can deliver cost savings, service reliability and reduced HSSE exposure. Decisively, there is a growing realization that achieving excellence in supply chain and logistics is the key foundation for multi-pronged value improvement effort.
If managed properly, supply chain provides a clear competitive advantage; otherwise, it can cause failures that may adversely impact the business results and hinder the relationship with clients. The services offered by 4D can support power companies across their entire project or asset life cycle, from the early stages of pre-execution to execution and onwards to operating the asset, including decommissioning and restoration.
Our large pool of subject matter experts (SMEs) with extensive industry experience support and enable our clients deliver projects and operate assets efficiently and safely in a reliable manner.
See our Client Services to understand how our products can help you to improve your bottom line.