Reliability Impact in the Refining Industry
Facilities in the refining industry are responsible for meeting regulatory requirements and ensuring the safety of their employees and surrounding communities, all while balancing performance and costs. Increased labor and materials costs, unplanned downtime, and poor life-cycle decisions can create inefficiencies in production for refineries. Additionally, these facilities often have static data stored in different locations, making it difficult for facility leadership to quickly make smart reliability decisions for their systems.
How can refineries pivot their systems so they can make more strategic reliability decisions? By integrating a near real-time reliability simulation of their entire supply chain through a data-driven approach to reliability.