IMC is set to revolutionize how we think about asset management. Happening in Marco Island, Dec 16th - 19th 2024

IMC is set to revolutionize how we think about asset management. Happening in Marco Island, Dec 16th - 19th 2024

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The New Generation of Online Vibration Analysis

The New Generation of Online Vibration Analysis

The Vibration Fault Periodic Table concept was created and introduced to the public in an article published in the June/July 2012 Uptime® magazine. The original concept was designed to classify vibration faults in the form of a periodic table of the elements. That is to say, the faults were grouped according to frequency content and dominant direction or response. This format was found to be very useful in gaining a better understanding of the nature of each individual vibration fault, as well as providing the analyst with a quick assessment tool for determining the likely root cause for a particular problem in the field.

Creating an Effective Asset Management Delivery Model

Creating an Effective Asset Management Delivery Model

This article provides insight and a proven blueprint for implementing an effective asset management solution.

Normalization of Deviance and the Perception of Defects

Normalization of Deviance and the Perception of Defects

Ever walk into a room, look around and conclude that all is well. But then, someone picks up papers, a briefcase, or some other object from the floor, right where you were about to walk. You hadn’t seen it. Your vision is fine, so how could you have missed it? It makes you wonder how many other little things you missed in other places, too.

A Journey Toward Wireless Asset Condition Monitoring

A Journey Toward Wireless Asset Condition Monitoring

In maintenance, a big challenge is how to put different concepts and theories into practice, especially when you must also change the mind-set of your workforce and introduce a new way of thinking.

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Implementing a Professional Development Program

Implementing a Professional Development Program

If you’re looking for a way to strengthen internal and external customer relationships, provide prospects with a forum to familiarize themselves with your expertise, and add value to your industry, consider implementing a professional development program. Not a product training program, although that can be a separate, related component, but a professional development program whereby you share current and emerging industry knowledge that helps participants be more successful on the job.

Asset Management in the Era of the Internet of Things

Asset Management in the Era of the Internet of Things

Before addressing the way asset management changes in the Internet of Things (IoT) era, it is worth summarizing what has happened since information technology (IT) became one of the main forces influencing the global economy and the competition.

Be a Better Buyer with Closed Loop MRO Purchasing

Be a Better Buyer with Closed Loop MRO Purchasing

You can tell a lot about a maintenance organization by observing how it purchases and consumes repair parts. Reactive organizations only seem to have time to “keep it running.” They don’t have time to shop for the best deals. Instead, they send the same noncompetitive purchase orders to the same vendors and take whatever pricing they get. And their receiving dock looks like a major courier service depot – full of emergency shipments. Cycle counts are mysteriously high because received parts aren’t always checked into inventory. Or, cycle counts are mysteriously low because parts are not always checked out of inventory and/or are lost to theft.

Pushing IIoT Predictive Maintenance Forward: Two Challenges to Overcome

Pushing IIoT Predictive Maintenance Forward: Two Challenges to Overcome

There’s no doubt the Internet of Things (IoT) is moving quickly to the front lines of industrial maintenance reliability and asset management. Communication between machines and human technicians, enabled by wireless technology and connected devices, is fueling a shift from preventative to predictive maintenance. But while the Industrial Internet of Things (IIoT) groundwork has been laid, and it’s projected to be a $151 billion market by 2020, the revolution is still young.

Analyzing Repairable System Failures Data

Analyzing Repairable System Failures Data

Many reliability engineers throughout history have had concerns with the reliability of the repairable system. Several researchers have presented a few calculation or estimation techniques to achieve repairable system reliability. This article explains the mean cumulative function (MCF) as a powerful and easy technique to estimate and monitor repairable system reliability.

Using Risk and Condition Assessment to Drive Motor Repair Decisions

Using Risk and Condition Assessment to Drive Motor Repair Decisions

The Central Arizona Project (CAP) operates and maintains 109 motor/pump units in 15 pumping plants scattered across 336 miles of aqueduct. These units are indispensable to CAP’s mission of delivering Colorado River water to the people and farms of central Arizona.

Asset Management: Buzzword or VALUE Creator?

Asset Management: Buzzword or VALUE Creator?

Asset management is the science of making the right decisions and optimizing the delivery of value.
Is asset management (AM) a new buzzword or a “flavor of the month” management initiative? AM is becoming a frequently used term in the industry around the world. It is a term being used more frequently by engineers, designers, facility planners and regulators, as well.

The Evolution of Performance Measurement

The Evolution of Performance Measurement

In the current environment of ever-increasing demands to deliver exceptional results with limited resources, leaders are placing greater emphasis on performance measurement. Performance measurement is defined as the process of analyzing information to determine the progress toward a desired outcome for a given organization.

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