Improved logistics delivery to plan & resilience

One of our UK North Sea customers faced challenges in tracking rented equipment, leading to over-spending on high-cost rentals. Before implementing VOR, HCR compliance was at 74%, making it difficult to manage equipment needs efficiently.

With VOR, they improved to 99% HCR compliance, resulting in an annual saving of £983K. This significant improvement showcases the impact of VOR on cost management and operational efficiency.

Servicing multiple offshore assets with supply and support vessels is a difficult task, made even harder in harsh environments like the North Sea. Inefficient vessel utilisation and frequent unplanned sailings was driving up costs and inefficiencies in our customer’s operations.

After deploying VOR, unplanned additional sailings fell from 43 to just 8 the following year, saving £2.1M in shipping costs. Improvements in sail planning drove up outbound deck utilisation to 81%. The combination allowed the business unit to reduce their supply boat fleet by 20% – saving an additional £2M per year.

Delivering personnel and critical items to offshore operations via helicopter is another logistical challenge. One North Sea customer had to plan for 28 additional flights and manage 581 air freight shipments, resulting in substantial costs.

The year after implementing VOR, they were able to restrict both unplanned helicopter flights and airfreight by 40%, saving £660K. These efficiencies significantly lowered aviation-related costs and streamlined logistics.

Efficient operation of complex supply chains requires clear visibility into all activities. Without VOR, this customer struggled to deliver an effective control tower and staff were regularly inundation of emails and phone call requests.

The VOR control centre provided a centralised view of operations, offering complete visibility and the ability to actively control and challenge supply chain requests. This eliminated the need for aviation and marine update emails and phone calls, enhancing overall operational efficiency.

Improving business processes is challenging without clear metrics to track performance. Prior to VOR, the customer relied on manual KPI tracking, which was time-consuming and prone to errors.

VOR automated KPI monitoring and analysis, enabling proactive and forward-looking outcomes. This automation provided better insights and improved the ability to enhance business processes continuously.

In complex operations, timely and accurate decision-making is crucial. Delays and inefficiencies develop due to a lack of real-time data and insights.

The implementation of VOR enabled this North Sea customer to access real-time data and actionable insights, facilitating quicker and more informed decision-making. This enhancement led to more agile and responsive operations across the board.

The adoption of VOR delivered a 10x return on investment by addressing inefficiencies in high-cost rentals, marine operations, and aviation logistics, optimising their supply chain for considerable financial benefits.