Asset management has introduced a few key concepts which require a shift from focusing on initial investment to optimizing total cost of ownership (TCO). This is rooted in a risk-based and science-based approach to understanding the requirements of the assets throughout their useful life.
Wärtsilä, the leading global supplier of flexible and efficient power plant solutions and services, has signed a maintenance agreement with Ensco, a global provider of offshore drilling services to the petroleum industry. The agreement, signed in September 2015, will create both short- and long-term savings by optimising Ensco’s assets and improving predictability through extensive condition monitoring services and parts supply management for Ensco’s four drillships equipped with six Wärtsilä 32 engines.
What exactly is the purpose of the maintenance function? In a world of growing expectations, increasingly onerous regulatory constraints, shifting technological paradigms and endless reorganisations - all of which must be dealt with urgently - it is easy to get lost.
In the fight against cancer, when a drug is finally approved and ready to be commercialized, every dose counts. A major pharmaceutical company with a blockbuster oncology product had to find a way to get every dose to every patient that was in desperate need of it.
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Nuremberg, Germany, 2011-Nov-21-The Siplus CMS2000 from the Siemens Industry Automation Division is a system for monitoring machines which helps companies to increase the availability of their plants and selectively plan maintenance work. The modular condition monitoring system (CMS) is suitable for monitoring and analyzing mechanical components in individual machines and complex drive trains.
Recent trends show that more and more manufacturers are looking to expand in the U.S. or move capacity back from overseas. To do this, companies will have to look for new, smarter ways to improve performance, increase machine reliability, maximize workforce effectiveness and increase uptime.
The effectiveness of a root cause investigation is predicated on several elements, but the time spent preparing for the subsequent analysis is the most important. Performing a thorough preliminary investigation, identifying the right team members and anticipating problems at the analysis meeting could mean the difference between a highly reliable asset and recurring failures.
In any asset-intensive industry, businesses are pressured to continually improve asset performance and reliability while minimizing costs and ensuring regulatory compliance for e.g. safety. In this environment, optimizing maintenance is critical.
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