Enterprise Asset Management transformation strategy
Developing the strategy for an integrated Enterprise Asset Management system to improve maintenance, inventory and procurement performance.
Asset One was engaged to undertake a detailed review of Tullow Oil's existing maintenance, inventory and procurement arrangements before developing the strategy for Project NEMO — a business-wide Enterprise Asset Management transformation programme.
Working alongside key stakeholders, Asset One identified opportunities to improve business processes, strengthen data quality and create a fully integrated approach to maintenance, inventory, procurement and asset management.
Engagement overview
Tullow Oil
Ghana
Oil & Gas
Asset Management, Management Systems, Maintenance Management, Data Engineering, Maximo Strategy, Change Management, Business Process Design
What needed to be addressed
Tullow operated a number of disconnected systems and business processes across maintenance, procurement, inventory and finance.
The review identified a number of improvement opportunities, including:
- Inconsistent asset and maintenance data
- Poor integration between business systems
- Limited confidence in maintenance and inventory information
- Reactive maintenance practices
- Inconsistent work management processes
- Procurement and inventory inefficiencies
- Limited visibility of maintenance costs
- Training and competency gaps
- Poorly connected business processes
- Inconsistent performance standards and governance
How we approached the work
Asset One undertook a structured assessment of existing systems, processes and data before developing a practical roadmap for improvement. The work included:
- Asset management maturity assessment
- Maintenance management review
- Inventory management assessment
- Procurement process review
- Business process mapping
- Asset hierarchy and data review
- Maximo strategy development
- Change management planning
- Data quality assessment
- Future operating model development
Defined deliverables
The Tullow Way
Development of a unified operating model connecting maintenance, inventory and procurement.
Maximo MAS9 deployment
Strategic recommendation to deploy IBM Maximo Application Suite as the integrated EAM platform.
Integrated processes
Connected maintenance, inventory and procurement processes operating through common workflows.
Asset data quality
Improvement strategy to strengthen asset and maintenance data confidence and consistency.
Standardised criticality
Consistent approach to asset criticality to align maintenance and operational risk decisions.
Connected workflows
Purchasing and maintenance workflows joined to reduce delays and improve work management.
Inventory optimisation
Strategy to improve inventory visibility, stock levels and spares management.
Planned maintenance
Optimisation of planned maintenance to shift from reactive to proactive delivery.
Maximo training
Organisation-wide Maximo training and capability building to support adoption.
Future-ready platform
A scalable platform capable of supporting integrity, subsea and project delivery.
Connected system
Asset One developed the strategic proposal for Project NEMO — an integrated Enterprise Asset Management transformation centred on IBM Maximo Application Suite (MAS9), creating a connected business environment where maintenance, inventory and procurement operate through common processes and trusted data. Rather than viewing Maximo as simply a software implementation, Asset One focused on designing the business processes, governance, data and organisational change required to create a sustainable Enterprise Asset Management system — connecting people, processes, systems and data into a single operating model designed to support long-term asset performance.
What the work achieved
The proposed transformation would deliver:
- 01Connected end-to-end asset management processes
- 02Improved confidence in operational data
- 03Better maintenance planning
- 04Improved inventory visibility
- 05Reduced procurement delays
- 06Better maintenance cost control
- 07Improved reporting and analytics
- 08Standardised engineering processes
- 09Increased organisational productivity
- 10Stronger governance and business ownership
Planning an Enterprise Asset Management transformation?
Asset One helps organisations design and implement practical asset management, maintenance and management system improvements that connect people, processes, systems and data to deliver better operational performance.