Our major focus at The Water Equipment Show is ‘Innovative approaches to reducing Water Industry CAPEX and OPEX’. Ofwat’s AMP7 determination has set significant cost reduction targets for all water companies with TOTEX challenges, in some cases, of between 15% and 20%. Environmental challenges and the increased focus on customer service standards will add focus to CAPEX and OPEX reduction measures which will be at the forefront of the water companies' minds during the AMP7 period.
Opportunities to reduce costs are many and varied, but their success very much depends upon the products, technologies and systems used. Water companies are now looking ever more to their supply chain to come up with innovative products and services that drive down OPEX and CAPEX with a lower carbon footprint. This has created new challenges right across the supply chain to come up with innovative solutions, including involving combinations of products, systems and resources, to lower CAPEX and OPEX.
Presentation topics will include:
- Smart products with integrated intelligence that optimise operation at lowest cost, examples of installations that have delivered significant savings together with supporting data
- Innovative maintenance approaches and methodologies to reduce whole life costs, support tools and software and decision support systems to determine whether to replace or repair. Predictive maintenance techniques that have reduced costs.
- Intelligent Asset Strategies, aligning asset performance to business objectives, best practice approaches to asset maintenance, CAPEX and OPEX project delivery processes that meet time, quality and cost targets at minimum whole-life cost
- Control systems – automatic control and optimisation systems that have delivered reductions in cost, network wide control systems that have increased levels of service and reliability thereby reducing costs
- Projects – Design, Planning and Construction – getting the scope right, designing to satisfy fit for purpose requirements, innovative approaches to project management techniques that deliver least whole life cost savings
- Procurement best practices and pioneering approaches to complex supply packages, spending based initiatives, partnering and framework agreements, contract management and supplier relationship management programs
- Operational initiatives – Strategic initiatives to manage OPEX, goal definition and planning, establishing and getting buy-in to focussed KPI’s, data-driven operational resources deployment systems
- Joint initiatives – Customer/Supplier partnerships that have adopted innovative joint working approaches to CAPEX and OPEX reduction projects
At the conference, we aim to address the challenges of reducing CAPEX and OPEX in the water industry by reviewing innovative approaches that can deliver cost reductions in practice. Innovative approaches to achieving real cost savings using ground-breaking product design, systems integration, maintenance methodologies, best practices, project delivery mechanisms and more will be explored.