Press Release - Melbourne Water Turns to IHS to Improve its Risk Management Processes for Melbourne's Water Supply
Toronto – April 14, 2010 – IHS today announced that Melbourne Water has implemented its Stature software platform to assess and mitigate risk for all critical assets as it manages the supply of drinking water and sewage treatment to the city of Melbourne, Australia. Stature, IHS' Operational and Quality Risk Management platform, will allow Melbourne Water to better manage the risks associated with supplying more than 900 million litres of drinking water per day and treating more than 700 million litres of sewage per day. IHS, the market leader in Operational and Quality Risk Management solutions, enables Melbourne Water to identify, measure and mitigate risk as well as continuously communicate updates and changes throughout the organization.
The Stature platform is available in Australia and New Zealand via EnVizTec’s partner agreement with IHS Inc., the market leader in Operational Risk Management and Quality Risk Management solutions.
Public utilities must closely measure and mitigate risk, including risks within their facilities as well as those to the surrounding environment and the residents of their communities. Melbourne Water is responsible for managing AU$9 billion in water supply, sewerage and drainage assets – which consist of a number of built and natural assets. Stature, and its accompanying Management of Change (MOC) module, will enable Melbourne Water to more efficiently and effectively monitor change requests each time a part or process is modified for all critical assets. Stature ensures that information is shared across Melbourne Water’s plants so that best practices and lessons learned can be re-used by multiple teams.
“We needed corporate visibility into our high risk changes and a robust workflow engine to manage basic to complex changes, but with our former system, which is paper based, this was not achievable. The Stature Management of Change system offers us the ability to demonstrate due process by providing the ability to imbed a collaborative process and our risk processes into the overall workflow,” said Tim Wood, Mechanical and Electrical Asset Manager, Melbourne Water. “The safety of the public and our employees is our top priority and a centralized Operational Risk Management system will allow us to manage the many risks that come with supplying drinking water and sewage treatment. Stature was by far the most user-friendly system that we evaluated and the one that was the easiest to begin using out of the box.
“We have been using the desktop Hazard and Operability Analysis (HAZOP) software PHA-Pro for several years and were confident that IHS had the expertise we were looking for in an Operational Risk Management platform."
Stature provides organizations with the ability to make more informed and strategic decisions about their products and processes. Ensuring that a system is in place to manage the actual and potential health hazards and consequent risks arising from activities, products and services is critical for organizations to maintain and allows them to react quickly and foresee hazards.
The Stature platform will give Melbourne Water a continuous improvement process and allow it to better understand its greatest risk factors. IHS' best-practice-based templates and libraries will help to ensure that all risk assessments are consistently documented using universally accepted criteria and standards. With all risk assessments stored in a central repository, Melbourne Water will be able to view real-time reports and dashboards that provide cumulative information about all sites.
About Melbourne Water
Melbourne Water is owned by the Victorian Government. It manages Melbourne's water supply catchments, removes and treats most of Melbourne's sewage, and manages rivers and creeks and major drainage systems throughout the Port Phillip and Westernport region. It is responsible for managing AU$9 billion in water supply, sewerage and drainage assets, and is committed to looking after these in a way that protects and improves its environmental, social and financial values. An independent Board of Directors is responsible for the governance of Melbourne Water. The responsible Minister is the Minister for Water. For more information, visit www.melbournewater.com.au.
IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today's business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs 6,700 people in 31 countries around the world.
EnVizTec is a provider of technology and services to fulfill the needs of progressive companies to achieve high levels of operational excellence, innovation, collaboration and continuous improvement in quality and safety. EnVizTec provides a range of solutions which leverage our collective experience in Operational & Quality Risk Management, Product Innovation and Collaboration tools. Our experience extends across a wide range of industries including Automotive, Aerospace & Defence, Manufacturing, Consumer Goods, Process, Energy and Resources via long-term relationships with industry-leading corporations and suppliers.