December 03, 2008
Conundrums in Asset Management
An iPresentation Tutorial by Michael Drew, ARMS Reliability Engineers
As economic conditions have changed many asset managers are now facing the challenge to improve the bottom line performance of their business in short time frames and often without time or resources to invest in the fundamentals required to sustain a reliability driven approach to asset management.
• “We are not achieving our targets so we have got to “get back to basics!"." Production Manager.
• Maintenance Costs are over Budget, “Let’s cut spending in maintenance!"- Maintenance Benchmark Study.
• “I know you need a maintenance strategy but you need to set up a Work Order system first!"- EAM vendor.
• “Weibull analysis is good but I can’t use it yet because I need failure data first."- Reliability Engineer.
• “RCM or RCA are good techniques, but which one should I use?"- Operations and Maintenance Teams.
• “We need to finalize the design of the new plant before we can address the maintenance requirements."- Projects Manager.
This 8 minute iPresentation examines these conundrums and defines the impact on business profitability, sustainability and their ability to support continuous improvement. Learn how an existing plant can increase its profitability from 2.5% to over 40% on a sustainable basis.
