Supply Chain

The offshore wind industry comprises many companies, either providing some degree of innovative solutions or at times standard commodities. Understanding how your supply chain partners operate and how close you need your cooperation to be is a prerequisite for optimal supply chain performance and appropriate risk allocation

Financial performance

Full transperancy on CAPEX-OPEX allocation and your investment philosophy determines your long term financial portfolio performance. Understaing the drivers, objectives and performance of individual  supply chain partners enables optimization of financial performance. Ensuring that the processes for accumulating and dispersing lessons learned through the supply chain enables portfolio performance optimization 

Contracts and risks

Appart from ensuring that deliveries are specified and remuneration is agreed, contracts also specify cooperation patterns, protocols and risk allocation among suppliers. Understanding the level of risk each partner can handle is a prerequisite for a solid supply chain performance, especially relating to innovative and untested solutions

Win-win

Ensuring that every part of the supply-chain is on the winning team secures an optimal portfolio performance. When everybody wins, you have established a solid supply chain to carry into your comming projects. You can repeat your set-up and incorparate lessons learned. If parts of the supply-chain looses-out, they are unlikely to enter into the next agreement on the same terms and accumulated knowledge is lost

Innovation 

All OWF projects involve some degree of innovation in a highly dynamic and evolving market. Reliable Innovation requires protocols and procedures and solid risk understanding to avoid 'trial-and-error' approaches or 'over-reaching 'that jeopardize your timeschedule and financial performance.   

Design

Every project design is unique and must incorporate accumulated knowledge. Applying the experience gathered in the early stages feeds the right decisions that are essential to your  financial performance. Understanding the extent and requirements to the underlying information base you use for decision making , and hence balancing the cost between initial pre-FID investment and project risk determines your project success.