Flash Analysis

Business impact of Advanced Analytics
Published by Pepite

Features

  • Process understanding and scope definition
  • KPI definition and data collection
  • Target definition
  • Gap analysis of KPIs
  • Potential savings

Process understanding and scope definition

  • Define a detailed scope of work with managers and/or plant management
  • Look into the process doing a site visit and a PFDs/P&IDs
  • Understand the process and operating conditions such as products, grades, quality windows, production goals, bottlenecks, etc.
  • Process understanding and scope definition

    KPI definition and data collection

  • Develop a list of KPIs defined together with the client
  • Create a list of relevant tags required for each KPI
  • Gather one year of historical data from historian/database
  • KPI definition and data collection

    Target definition

  • Prepare historical data
  • Calculate KPIs
  • Pinpoint data quality issues
  • Filter out data to identify startups, shutdowns, maintenance, etc.
  • Plot trends and analyse short and long term (e.g: seasons) variance
  • Determine a realistic target for the gap analysis
  • Target definition

    Gap analysis of KPIs

  • Compare results with best historical operations and industrial benchmarks if available
  • Quantify the performance gap of historical data vs target
  • Calculate the potential savings
  • Gap analysis of KPIs

    Potential savings

    Calculate annual potential saving

  • Linked to improved operations management and reduction in variability
  • Analysis presentation

  • Historical KPI trends
  • Statistics per product or grade
  • Clear view on process performance and variability

  • Recommendations and roadblocks for an OPTImaestro optimization project implementation
  • Potential savings
    Unauthorised background image

    Your product is just steps away!

    Register for FREE to buy, get downloads and access free trials.

    Get Resources and Start FREE Trials

    Easy Product Activation with Your Account

    Products Saved to Personal Digital Library