Story
The advent of SMR technology is a significant opportunity, globally, for meeting net zero emission targets safely, effectively and at scale. To do so and meet economically viable LCOE* targets requires a modular strategy where many suppliers are managed in a modular format where cost, quality and delivery attributes are significantly higher level than traditional nuclear build, with the same or improved safety standards and performance.
To facilitate these outcomes, we supported our client with a four-phase supply chain development project where we 1) mapped and visualized the SMR supply chain modules 2) supported the make-versus-buy analysis of each module 3) developed a digital supply chain management concept to ensure a “common view” of the products for all functions including supply chain management and 4) facilitated the maturity assessment and development of the supply chain organization to meet the needs of current and future SMR delivery programs.
*LCOE = levelized cost of electricity
A series of Supply Chain mapping workshops enabled our client to define the optimal critical path for ramping up the supply base quickly.
Multiple systems and “views” of the supply chain – including financial, engineering and technology-focused – required a “one source of truth” approach.
Conclusion
SMRs are expected to become an important part of the sustainable energy mix, and manufacturers are preparing their supply chains for first-of-a-kind delivery.
Manufacturers face significant supply chain challenges and constraints. Our supply chain visualization project facilitated the mapping and prioritization of key suppliers in the US, Asia, Western and Eastern Europe – the key markets where SMRs are expected to break ground shortly.