Project Abstract:

The construction of jack-ups drilling rigs requires careful planning and execution to achieve a short turnaround time (TAT) to remain competitive in the industry. This project aims to study into the internal and external supply chain network of planning and execution of steel material flow. The objective is to optimize the supply chain network so as to generate cost savings or reduce cycle time. In tactical level, procurement strategy and inventory management were studied to smooth the steel material flow in the downstream process. On top of that, optimization on upstream process of network logistics was investigated, which involves looking into the issues like supplier selection, routing and transportation of incoming steel material from port. Lastly, at the operational level (downstream stage), the feasible improvements to increase the throughput of one of the job shops were also investigated.