Operational Excellence and Growth in the Oil & Gas Industry
Operational excellence: improving supply chain
Compressing lead times
Expanding capacity
Improving capabilities
Cycle time reduction ... BOP
lead time
40%
• Flow distribution model
upgrade... weeks → days
Lean six sigma ... 2,000+
projects... inventory ↓
• Vertical integration...
leveraging footprint
•
⚫ N. America drilling
capacity ↑
•
FPSO Brazil localization
• UK/North Sea expansion
•
Angola and Indonesia
subsea production
⚫ E. Europe COES
APICS
• Investing in brilliant factories
• Streamlining strategic
suppliers... global footprint
• Advanced manufacturing
• FastWorks ... ERP
simplification
• Reducing working capital
Taking best from GE & other high-tech industries ... new leaders from Aviation/P&W
(GE)
Investor Meeting | 10 September 2014
© 2014 General Electric Company - All rights reserved
10View entire presentation