Almost daily, we hear of some problem in the supply chain. A few weeks ago, a container ship got stuck in the Suez Canal and hundreds of ships were backed up with no place to go. As well, original equipment manufacturers in Europe missed critical parts because of their Just in Time delivery practices.
[Read more…]Archives for November 2022
Road Tanker Design for Fast Unloading and Onshore Pump Drain Tank
Road Tanker Compartment Design
Road Tanker Design For Fast Unloading And Onshore Pump Drain Tank. To completely empty a road tanker the compartments need to be designed to have a sump that permits total drain-out of the liquid from the lowest point. If a pump is mounted on the trailer, it is best mounted under the trailer. Where a pump is mounted on the tray or fenders it will cavitate at low tanker liquid levels. For an onshore unloading pump installation it is best to install a buffer tank between the tanker and onshore pump to let the road tanker completely drain-out before the pump starts cavitating. Tanker load-out pumps must have a very low net positive suction head requirement.
[Read more…]The Cost of Opportunity
Everyone working in a decision-making role has at least an intuitive understanding of the concept of opportunity costs-the value of the thing you didn’t choose. Simply stated, when you say ‘Yes’ to one thing, you simultaneously say ‘No’ to everything else you could have chosen instead. And those things to which you say ‘No’ have a value that you’re relinquishing. When I was a teenager, I heard an older gentleman quip, “When I said ‘I do’ to my wife, I was also saying ‘I don’t’ to all the other girls out there”. That man understood opportunity cost.
[Read more…]Choosing Fire And Gas Detectors For LNG Facilities
Methane being extremely flammable, the fire and gas detection (FGD) system in LNG facilities should be capable of early detection of flammable gas leading to shutdown/isolation and depressurization.
[Read more…]Evaluating Facilitator Skills
How to Evaluate the Skills of a Facilitator?
Leading is about learning to be a facilitator – Ashif Shaikh
Ask yourself, when teams work very well together, what are the positive characteristics of the team leader? When teams are dysfunctional, and have poor outcomes, what skills of the leader need to be improved?
Let’s talk about facilitators
Giving proper feedback is a great way to help a colleague improve FMEA facilitation skills. Carefully listening to feedback from a colleague is an important way to improve one’s own FMEA facilitation skills. Both are aided by understanding and using facilitation quality objectives. [Read more…]
OECD Risk Management Maturity Model
Guest Post by James Kline (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
In February 2021, the Organization for Economic Cooperation and Development (OECD) published an Enterprise Risk Management Maturity Model. This model is designed for Tax Administration Agencies. It is the culmination of work that began in 2018. This work was designed to develop stand-alone maturity models for a broad range of organizational activities. One of which was Enterprise Risk Management. This piece examines this model and discusses how such models are being used by government elsewhere.
[Read more…]Calculating the Failure Rate of Parts
This simple example explains how to calculate the failure rate of parts, known as the Hazard Rate, using a drinking glass. Historic records, like maintenance, operating, supply chain, and financial information, are accessed to understand the situation being analyzed and gather modelling data. Once all necessary information is collected and the situation is investigated, then proposals to address and solve the problems causing and permitting the failure to happen are selected and a business case is developed.
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