The modern transportation environment requires that pipeline companies develop an efficient strategy for transporting petroleum products and crude oil if the company is to satisfy shareholders while holding to high environmental and safety standards.
Comparative Performance Analysis
Benchmarking performance is one strategy that all pipeline companies must employ in their quest for a safe and efficient operation. Solomon's Comparative Performance Analysis™ (CPA™) benchmarks performance and provides the best means for your company to remain competitive. It allows you to critically examine your operating, maintenance, and administrative costs; identify gaps in your performance; and establish measurable improvement goals. By comparing the performance of your pipeline to that of your peers and the rest of the industry, you can identify the gaps between your performance and the leaders. Understanding performance gaps in areas such as operating expenditure—expressed in the graph as a function of Equivalent Pipeline Complexity (EPC)—helps you to manage resources and plan improvements. It is the prioritization of these gaps that allows you to begin to focus on areas of greatest opportunity. EPC is a dimensionless number developed using Solomon's patented methodology to correlate key pipeline characteristics to manageable non-volume-related expenditures.
Links to additional information concerning Solomon's liquid pipeline offerings are provided under Pipeline Downloads on the left navigation.
CPA also takes into consideration reliability and safety. If you need to integrate the benchmarks for your assets over your entire supply chain, we offer CPAs for refining, petrochemicals, and power generation.
Profit Improvement Consulting
To help you realize your potential, Solomon has developed consulting services that use your data to focus on improving those areas that have the most profound effect on your profits. Refer to the "Consulting Products" page for additional information concerning these services.
To request additional information about these and other services from Solomon, please fill out the Contact
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