DESIGN FOR VALUE
Wellflex incorporates the concept of Design for Value into our product development strategy. This multi-dimensional approach focuses on cost reductions, while providing the features and quality levels expected from our customers. Our systematic approach focuses on innovative technology and concepts to be incorporated into the design, enhancing the product offerings provided and distinguishing Modflex as truly unique.
In addition, our unique methods of standardization and a deliberate effort in simplifying the overall design leads to a visually aesthetic, cost effective solution. While we design the entire facility for our customers, we also take a customer provided concept and redesign into a true modular facility. Our engineers are familiar with both manufacturing practices and field activities, allowing for cost reduction solutions in a simplified design, as well as focus on how the design impacts operations in the field.
Our approach to Design For Value leads to more than just material and labor savings on the product offerings. The true savings come from the overall impact this has on the entire value stream.
For our customers focused on oil and gas production and processing equipment, Modflex Lean Design has a proven record of significant cost savings. While most competitors measure installation time in days, we measure our success in hours. This has a major influence on associated field operations and indirect cost. The standardization efforts in Modflex products lead to quick turn-around cycle times for expansion modules, product modification and future facilities. Case study results for Modflex facility designs reported from our customers show a cost savings range of 20-50% per well, when compared to traditional methods of construction.