Companies often view Maintenance and Reliability activities (M&R) as optional components of an operation. That short term view, cutting maintenance costs to save money, can have significant safety, legal, and financial ramifications in the long term. Rather, proper maintenance and reliability management— increasing equipment availability, increasing production levels and reducing parts and labor consumption— can actually reduce costs and increase revenue. Emerging performance-based business models are driving new and significant revenue streams via increasing equipment reliability. It’s all about predictability.
This paper explores some innovative solutions to sustainably improve M&R performance. This is not complicated; however, it is very difficult to accelerate the implementation process and everyone must be pulling in the same direction to achieve success. Should you choose to follow this model, be prepared to meet organizational resistance and doubt. But in the end, the payoff will be worth it. Using our extensive knowledge, experience and observations over 30+ years, we have identified five critical areas for improvement.
Hitachi understands that analytics needs are growing and evolving in the energy industry, meaning there are many unknown questions that will arise in the future. To address these challenges, we recommend a data lake approach to retain source data in its original, undiluted state.
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Metegrity provided us with this insightful whitepaper in which they examine: The definition and role of a Quality Management System (QMS) for pipeline construction to comply with API 1177; the options available to operators in selecting a QMS and; what to look for in a QMS when using generation 4 digital technology for the purpose of achieving construction quality and data gathering.
Need to convince decision makers to update the company’s asset integrity management (AIM) program? Help your company progress with an effective business case. This Whitepaper from Metegrity examines how to develop a business case, the top five factors to consider, and other strategies for success.
ATR Inc provides digital procedure management solutions to high-risk, highly regulated industries. ATR is laser-focused on helping its clients deliver on human reliability and safety, tightly integrating these core values into a unified structure, ensuring seamless controls, extensibility and scalability. ATR's flagship product SmartProcedures strives to improve usability and overall procedure management, utilizing 25+ years of experience in high-risk industries and facilitating a cultural adoption of digital and human factored procedures. Founded in 1990, ATR's mission is to deploy innovative technologies and techniques to deliver accurate, human-factored content to workers in any format, on any device, enabling each worker to perform flawlessly and safely every time.
The way you maintain your assets is one of the single biggest contributors to asset performance. Without effective management of those asset reliability strategies, you won’t deliver the intended value and may be faced with common problems. Read the whitepaper to find out more about why you should care about asset strategy management.