Articles

Realizing Commercial Value from ISO55001 Aligned Asset Management

This article demonstrates the commercial value for an organization improving its entire enterprise asset management approach in line with the ISO55001 standard. An organization implementing ISO55001 must first come to terms with clear asset management objectives, a planning process that optimizes the investment portfolio which, in turn, is delivered by efficient lifecycle processes, and a persistent and comprehensive continual improvement process that is documented and controlled.

Asset Management

Maintenance Budget and Variance Practices Redesigned

Do you ever sense that your plant’s budget and variance practices may actually hurt the business? Here is what your gut is telling you and what to do about it.

Maintenance job plans are two-dimensional and activity-based. The foundation dimension, the determined tasks to each job plan, is activity. The other dimension, also determined by analyses, is the resources and their unit costs to be engaged or consumed by each activity.

The alternative to activity-based, two-dimensional job plans is unacceptable to maintenance professionals. Maintenance professionals would never accept the practice of one line job plans for which the total cost of labor, parts and materials, services, etc., are set by rule of thumb or by what management arbitrarily allows. It would be chaos.

Work Execution Management

How to Make the Most of Predictive Maintenance

Traditionally, reliability engineers have been the leaders in introducing new maintenance processes and technologies. As the primary owners of asset reliability, whether or not it came from the introduction of condition-based maintenance or instrumentation, they have been at the core of the transformation.

Asset Condition Management

PM and Scheduled or Condition-Based Acoustic Lubrication

Acoustic lubrication has taken off with afterburners lit (old aviation phrase). During the 2017 RELIABILITY Conference™ hosted by Reliabilityweb.com^®, several representatives from various organizations remarked at how well their acoustic lubrication program had made such a difference. As an example, the cost savings by way of reduced man-hours using time-based lubrication and the amount of grease not purchased are two reasons.

Asset Condition Management

Asset Condition Monitoring: Technician Certification

Editor’s Note: This article was adapted from the 94-page Asset Condition Monitoring Project Manager’s Guide published in January 2017. The guide is coauthored by Terrence O’Hanlon and Dave Reiber of Reliabilityweb.com and Jack Nicholas, an independent sole proprietor.¹ The guide is sponsored by Des-Case (Precision Lubrication), Pruftechnik (Alignment), SDT (Ultrasound) and SKF (Motor Condition Monitoring), whose representatives appended insightful statements on the impact of their technologies on asset condition monitoring. The guide supplements comprehensive material in Jack Nicholas’ new book, Asset Condition Monitoring Management, published by Reliabilityweb.com in December 2016.²

An Asset Manager’s Guide: Strategy to Action

The Feb/March 2017 Uptime article, “An Asset Manager’s Guide to Harvest Management Commitment,” explained how to sell your company’s vision to the executive level team of your organization. If you were not successful in getting to this point, don’t feel bad; not even a handful of asset managers across the globe have achieved successful enterprise asset management (EAM) transformation. However, if you were successful at harvesting management commitment, it is now time to take the next step and take it quickly: turning strategy into action!

Asset Management

2016 UPTIME AWARDS WINNER Best Green Reliability Program

LOOP LLC operates the only crude oil deepwater port complex in the United States, consisting of an off-loading facility in the Gulf of Mexico and pipeline, storage and domestic terminaling facilities in southeastern Louisiana. The deepwater port complex is a vital energy hub, with pipeline connections to approximately 50 percent of the nation’s refining capacity. The Clovelly Hub facility can store over 70 million barrels of crude in belowground caverns and aboveground tanks. LOOP’s unique pumping systems can transport crude at rates in excess of 100,000 barrels per hour on multiple, interconnected pipelines.

Leadership for Reliability

Discovering Valuable Trends in Machinery Reliability

Much can be said about trends that relate to equipment reliability in one way or another. Like everything else, they come and go randomly. Just like carbonated water, trends that are reduced to the flavor of the month can fizzle out and disappear rapidly. Trends probably always existed in all fields of endeavor and have been observed for years in the field of machinery reliability improvement. This article focuses on some recent ones that are on relatively solid ground and should be of interest to you.

Work Execution Management

A Perfect Storm for an MRO Stockroom Crisis

There is a multi-headed monster of a crisis barreling toward us.

This crisis in the sourcing, stocking and justifying of maintenance, repairs and operations (MRO) spares has been developing since the 1990s and will likely get worse before it gets better. The core of the crisis and the reasons for it are distinct. These distinct contributors form the perfect storm of trouble for any maintenance department, especially ones that have implemented lean principles. The solution is surprisingly in the domain of asset management.

Work Execution Management

MRO Best Practices Special Report

A good maintenance storeroom is a well-oiled machine. Imagine 99.9 percent service levels for critical spares or window wait times under 10 minutes 95 percent of the time. A great storeroom gives you the capability to figure out what unidentified parts actually are or to know when your special-order parts hit the receiving dock.

The MRO Best Practices Report explores the conditions of successful storerooms, as well as those with little or no expertise in maintenance spare parts management. Results and insights on the Reliabilityweb.com Maintenance Management Benchmarking Survey are also included.

Articles

Realizing Commercial Value from ISO55001 Aligned Asset Management

Maintenance Budget and Variance Practices Redesigned

From a Different Angle: A Perspective Over-Optimization

How to Make the Most of Predictive Maintenance

PM and Scheduled or Condition-Based Acoustic Lubrication

Asset Condition Monitoring: Technician Certification

An Asset Manager’s Guide: Strategy to Action

The Reliability Impact Within the P-F Curve

2016 UPTIME AWARDS WINNER Best Green Reliability Program

Discovering Valuable Trends in Machinery Reliability

A Perfect Storm for an MRO Stockroom Crisis

MRO Best Practices Special Report