{"id":19641,"date":"2020-11-10T03:31:00","date_gmt":"2020-11-10T11:31:00","guid":{"rendered":"https:\/\/copperleaf-test.majortom.dev\/innovation-copperleaf-paul-carter-on-the-launch-of-intelligent-bundling\/"},"modified":"2023-03-16T15:39:53","modified_gmt":"2023-03-16T22:39:53","slug":"innovation-copperleaf-paul-carter-on-the-launch-of-intelligent-bundling","status":"publish","type":"post","link":"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/innovation-copperleaf-paul-carter-on-the-launch-of-intelligent-bundling\/","title":{"rendered":"Innovation @ Copperleaf: Paul Carter on the Launch of Intelligent Bundling"},"content":{"rendered":"

In this article, Paul Carter<\/a>, Copperleaf\u00ae<\/span><\/sup> Product Manager, Asset Risk Management, discusses the development of Intelligent Bundling, the latest innovation in the Copperleaf\u00a0Decision Analytics Solution<\/a>.<\/p>\n

Q: Can you tell us about Intelligent Bundling and why it was developed? <\/strong><\/p>\n

“Performing work on the asset base usually involves significant costs, service interruptions, and scheduling challenges. Organizations try to reduce these impacts by bundling asset interventions that can be done at the same time, in the same geographic area, or on the same piece of equipment. For example, if a utility is planning to replace a segment of gas distribution main, they may want to \u201cbundle in\u201d assets located in the same area that will need attention in the near future\u2014to minimize service interruptions, road closures, permits, etc.<\/p>\n

Asset managers and planning teams strive to minimize these interventions, but \u201casset bundling\u201d is still a very manual process today. We saw an opportunity to add intelligence and automation to this process to help organizations group asset interventions together and plan work in the most efficient and cost-effective way.”<\/p>\n

Q: How does Intelligent Bundling help solve this problem?<\/strong><\/p>\n

“As its name suggests, Intelligent Bundling \u2018bundles\u2019 asset interventions together to achieve cost savings. Activities such as equipment assembly\/disassembly and permitting can be shared across multiple projects, and the frequency, duration, and associated costs of service interruptions can be minimized. Bundling asset interventions together also reduces the resources needed to complete the work, enabling organizations to reassign valuable resources to other tasks.”<\/p>\n

Q: How does Intelligent Bundling work?<\/strong><\/p>\n

“Intelligent Bundling analyzes the cost and value of asset interventions\u2014and how these factors change when projects are deferred or advanced in time. It automatically groups projects together when it determines that the cost savings that can be achieved by bundling outweigh the reduced intervention value (e.g. risk mitigation, customer satisfaction, etc.) that will result from scheduling work on the asset further from its optimal time. Intelligent Bundling\u2019s sophisticated optimization identifies asset intervention bundles that will minimize costs, reduce service interruptions, increase productivity, and deliver more value to the organization.”\"\"<\/p>\n

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Q: What are the benefits of using Intelligent Bundling?<\/strong><\/p>\n

“Intelligent Bundling offers several key benefits:<\/p>\n