LIFE CYCLE COST OUT:
THE KEY TO ENDURING COMPETITIVENESS
Supply chain and macroeconomic volatility. Competition from other renewable sources. Shrinking product development cycles compounded by technology integration and the need for transformation to meet levelized cost-of energy goals profitably and with optimum quality. Wind industry OEMs are simultaneously confronted by multiple business-critical challenges - and one emerging bottleneck in deploying the right combination of expertise and experience for life cycle cost reduction initiatives.
CREADIS can help you with this. Over the past 5 years, we have been refining and executing our Life Cycle Cost Out Playbook with multiple customers. We now invite you to discover how.
At CREADIS, we’ve been enabling wind energy OEMs to innovate for more than 20 years, supporting all phases of technology and product development, delivery, operations & optimization. Starting with a handful of employees in Denmark, we are now a global organization with more than 700 employees placed throughout Europe, the US and Asia. Located in close proximity to our customers, we draw upon a pool of talent that is both multi-disciplinary (including engineering and computing/data sciences) and multi-functional (including Supply Chain, EHS, Quality and Project Management, Field Services).
THE INTEGRATION DIFFERENTIATOR
1. Design + Value chain integration
Our record and capabilities cover every aspect of the wind value chain - technology, development, sourcing & manufacturing, test & verification, logistics & construction, O&M/Services etc. To truly achieve optimal life cycle results, you need to be able to assemble the right skills around the table - on demand.
2. Systems Integration:
Our engineers and project managers understand the wind turbine ‘system’, systems engineering and NPI processes (and their variations) innately, having worked on multiple onshore and offshore platform developments for decades. This fuels our ability to make system-savvy engineering decisions and deliver effectively into OEM workflows with rigor & quality.
3. Technology/Concept Integration & Delivery:
We possess extensive skills and experience in new concept development. In wind we have primarily focused on turbine components, sub-systems and on value chain operations. So we know how to successfully shepherd accelerated insertion of new concepts and technologies for cost out.
THE CREADIS LIFE CYCLE COST OUT PLAYBOOK
The CREADIS playbook encapsulates lessons learned from multiple cost out and value engineering projects from wind and other industries. It goes beyond the traditional redesign or sourcing that give you the expected bill of materials cost reductions, to include the “Design-for-X” vector (where X= manufacturability, repairability, installability etc.) to unlock cost reductions in your value chain (CAPEX, OpEx and Cost-of-Poor-Quality). We are able to examine and improve all aspects of product realization including, for example, standardization and modularization.
As cost out is a continuous process and your current challenges will vary, we can support multiple engagement models as a function of your focus (e.g., components vs. sub-systems, single WTG model vs. platform), speed and time box choices, and level of upfront effort/roles you wish to take on. We can execute both multi-year portfolio collaboration initiatives as well as engineer-to-spec exercises.
THE VALUE WE CAN BRING TO YOU INCLUDES:
- A full spectrum approach and capability to deliver outcomes that reflect your own LCOE focus. This achieves optimal cost reductions split across product, O&M, the value chain, safety & quality.
- A fresh, cross-wind, multi-industry perspective to augment your own team’s effectiveness.
- Lowered risk and effort for your team. We can reach as far down the value chain or take charge to the extent you desire for the concept maturation process, or even the design cost risk.
The wind energy sector is fast-paced and constantly evolving. If the ability to execute a holistic life cycle cost out effort is not always available consistently and continuously in your team, entrusting CREADIS to be your partner can be part of your strategy to secure an enduring competitive advantage.