Product total lifecycle management


Beaver Process Equipment offers a Total Lifecycle Management (TLM) model for each of our core product categories.

This TLM model involves us working in partnership with a client to manage all of their requirements for a particular product category on an integrated basis. This includes review / change of specification, procurement of new items and spare parts, design and implementation of rotables program, repair and refurbishment of items, and anything else as required to maximise value and performance for the client.
The four key objectives for this TLM model for a particular product category are:
 
  1. Lower cost of ownership (across whole category spend)
  2. Improved operational performance
  3. Better decision making in product selection/specification
  4. Better management of rotables program (including repair and refurbishment)

Lower Cost of Ownership

First key objective from our TLM model is lower cost of ownership, which can include:

  • Reducing number of supply/service vendors
  • Reducing engineering/procurement hours required to manage category
  • Auditing specification and investigating whether can be changed in any ways that will reduce cost without compromising performance
  • Identifying brand substitution opportunities where cost savings exist on “like-for-like” basis
  • Designing and implementing proper rotables program, including better decision making process for repair vs. replacement issue, and focus on preventative maintenance and scheduled repair/refurbishment program instead of purchasing new
  • Consolidating number of product specifications and brands to reduce inventory
  • Reducing installation/maintenance/repair costs via improved operating performance

Improve Operational Performance

Second key objective from our TLM model is improvement of operational performance, which can be achieved by:

  • Identifying particular performance issues via site product audit
  • Troubleshooting performance issues via root cause analysis
  • Design and implementation of managed trials of identified options to fix issues
  • Design and implementation of inspection/testing and preventative maintenance schedule for high-value items (to extend life and remove from service before major damage)
  • Single partner to coordinate performance improvement programs and ensure roll-out of successful innovation and improvement ideas across all client site(s)

Better Decision Making in Product Selection /Specification

Third key objective from our TLM model is better decision making in product selection and specification, which can be achieved by:

  • Full review of existing specifications for product category – to identify consolidation/simplification opportunities and any possible “over-spec” items for designated service/application
  • Full site audit of products installed including interviews of site maintenance/reliability personnel to identify performance and reliability issues
  • Consolidation of product specifications where duplication exists (particularly across multiple client sites) into “master” technical specification for product category
  • Creation of master trial/test framework for evaluation of any proposed specification changes
  • Creation of single “performance database” for product category where all issues and changes across site(s) are logged to allow identification of recurring issues and for successful changes to be rolled out quickly

Better Management of Rotables Program

Fourth key objective from our TLM model is better management of rotables program, including all repair and refurbishment required in product category, which includes:

  • Single partner to manage all supply and repair for product category across client site(s)
  • Dedicated Beaver team allocated to manage each client’s TLM responsibilities, including single project manager with KPI-linked accountability
  • Investigation, trouble-shooting, trial/testing of alternatives and feedback of findings into product specification and parts cataloguing for client site(s)
  • Standard structure for “buy in” items (agreed mark-up on product cost with specified inspection/testing and any other requirements on cost recovery basis)
  • All statutory and documentation compliance for product category managed by single team
  • Consistent rotables strategy including agreed “repair vs. replacement” decision making framework