_________________________________________________________________________________________ Process Intelligence
A key part of this is automation. There has been a surge in investment across the industry, and process intelligence is key to ensuring internal processes can be automated effectively. Process intelligence provides a granular, holistic view of business operations, allowing companies to move beyond symptoms and pinpoint the root causes of process bottlenecks. In the context of commissioning, it can flag specific issues like delayed equipment, inefficient crew deployment, or suboptimal testing sequences ahead of first oil. For example, after identifying key inefficiencies in planning, scheduling, and supply chain execution, one application resulted in a more predictable and compressed project timeline.
At the other end of the cash-to-cash cycle, process intelligence and AI can be used to identify duplicate invoices, missed discounts, contract leakage, and managing customer ordering patterns leading to more effective and efficient usage of assets.
Reducing spare part inventory
In the supply chain, complex planning and frequent changes can cause inventory to pile up, a major issue which can impact working capital. Businesses often operate across multiple geographies, which can make it difficult to ascertain a real-time end-to-end picture of inventory. Without a holistic picture of the business, they can’ t improve end-toend operations, as bottlenecks need to be identified before they can even be addressed. Well-known oil and gas companies have reduced spare part inventory with process intelligence by improving the processes leading to the excess inventory.
Previously, oil and gas companies relied on manual operational reports, which tended to take large amounts of time and effort, and make it difficult to drive through process improvements. Full visibility into how processes are running enables business
To thrive in this new era, companies must turn intelligence into action
leaders to track inefficiencies in real time, develop improvement plans, and implement them. In this way, process intelligence can boost cash flow by offering a real-time overview of replenishment and consumption trend data, which can help business leaders update safety stocks exactly where they are required.
A smarter future
Amid economic headwinds, ageing assets, and growing calls for greener operations, the oil and gas industry stands at a crossroads. To thrive in this new era, companies must turn intelligence into action. Process intelligence transforms sprawling data into clarity- exposing hidden inefficiencies, optimizing processes, and cutting costs. By replacing static reports with dynamic, real-time insights, industry leaders can not only boost performance but also engineer a foundation for a more agile, sustainable and future-proof enterprise. ■
Diederick Badon Ghijben www. celonis. com
Diederick Badon Ghijben is Industry Principal, Oil & Gas at Celonis. Celonis makes processes work for people, companies and the planet. The Celonis Process Intelligence Platform uses industry-leading process mining and AI technology and augments it with business context to give customers a living digital twin of their business operation. It’ s systemagnostic and without bias and provides everyone with a common language for understanding and improving businesses. Celonis enables its customers to continuously realize significant value across the top, bottom, and green line.
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