Discover opportunities to improve your pipeline and terminal operations with an external benchmarking analysis.
Every company has strengths and weaknesses, and these can be identified reliably by benchmarking against regional and global competitors. Compare your pipeline and terminal operations with industry peers. Leverage a proprietary, operational performance database to identify your performance gaps, improve integrity maintenance, and increase energy efficiency. Receive objective, data-driven insight to focus your performance improvement efforts.
Identify where your assets stand relative to their competition across a range of KPIs. Gain insight that is more in-depth than what is provided by internal benchmarking, resulting in drill-down capabilities that can be utilized to support your major budgeting decisions. Our unique Comparative Performance Analysis™ (CPA™) methodology includes the Equivalent Pipeline Complexity (EPC™) and Equivalent Terminal Complexity (ETC™) divisors, which allow us to generate reliable cost comparisons for your pipeline systems and liquid terminals.
Solomon’s third-party benchmarking services allow you to evaluate assets based on:
- Pipelines of varying length, diameters, pumps, meters, and right-of-way terrains
- Terminals with varying tank capacities
- Modes of transportation
- Crude oil and refined products
- Various tank types
- Locations around the world
Closing Performance Gaps
What gaps do you struggle to close? What quick and near-term actions will have the biggest impact on performance excellence and profitability? We know what good looks like… and how to get there.
Data Quality, Benchmarking Methodology
A Foundation for Effective Comparative Performance Analysis and Decision Support
We prioritize the integrity and confidentiality of participant-submitted data and rigorously review that data before benchmarking begins. Then, we employ our normalization process and benchmarking methodology to provide valuable and trusted peer group comparisons that deliver meaningful KPIs. Finally, our staff of senior consultants apply their deep industry experience to develop practical insight and recommendations to enable your success.