Gain valuable insight for continuous improvement and decision support in your liquid pipeline operations and see how you compare with peers on important KPIs.
Are your liquid pipelines operating at maximum efficiency and reliability? Do you know how you compare with your peers on a range of KPIs?
Solomon’s Worldwide Liquid Pipeline Performance Analysis (Liquid Pipeline Study) prioritizes improvements within key performance areas and delivers independent data-driven insight to help ensure that you are operating at the highest level. The Equivalent Pipeline Complexity (EPC™) divisor allow us to generate reliable cost comparisons for your pipeline systems regardless of size or complexity.
Our proprietary Comparative Performance Analysis™ (CPA™) methodology and proprietary database enable a robust evaluation of key metrics including operation expenditures, safety, and environmental performances and key cost and performance factors. Maximize your profitability and uncover hidden improvement opportunities with a deep external view of performance that you will not receive with internal-focused benchmarking or public data.
Figure 1. MNVE Expenditure Detail Comparison
The collected data is segregated into the categories that most affect the operational and financial performance of pipeline systems. Utilizing the components of manageable non-volume expenditures (MNVE) and Solomon’s EPC™ model, the study compares pipeline operations against best-in-industry performers to provide customized client feedback and to leverage opportunities for future performance improvements.
- Total Cash Operating Expenditures
- Maintenance Expenditures and Pipeline Integrity
- Personnel Costs and Work Hours
- Reliability and Safety
- Energy Consumption and Cost
- Overall Performance Gaps
- Peer Group Performance
- Crude oil
- Natural gas liquids
- Refined products
- Liquefied petroleum gas
The study analyzes performance for individual pipeline systems. Companies with multiple systems submit separate data for each pipeline system.
Learn More & How You Can Participate
Obtain a clear picture of your competitive position with data-driven, actionable insight.
Join the Liquid Pipeline Study to leverage study results to help you identify key issues critical to your business success by comparing your performance to that of industry peers.
Solomon's Liquid Pipeline Study database includes:
Liquid Pipeline Systems.
- See how you compare with peers
- Optimize asset performance
- Maintain operational integrity
- Uncover hidden improvement opportunities
- Support decision-making.
Study recipients receive the following:
- Reliable metrics for analyzing performance utilizing rigorous data validation
- Performance gap analysis and comparisons at the pipeline system level
- Comparison to systems with diverse operating configuration, system size, terrain, diameter, age, products, and complexity
- Executive summary presentation with actionable insight supported by study data
- Workshop covering how to review and use the data analysis delivered
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.
If your organization is new to one of our studies or has experienced challenges completing the study data input forms, Solomon can help. Data quality and a proven benchmarking methodology enable results and insight you can trust. Contact us today!