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

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RCM in Uncharted Waters

by Abayomi Carmichael CEng MBA BEng, Bermuda Electric Light Co. Ltd.

There is an abundance of data supporting the effectiveness of RCM in a broad range of industries. Yet when staff at the Bermuda Electric Light Co. Ltd researched RCM, precious little data was found regarding its application to a primarily large diesel driven power utilities. The company subsequently decided upon a PMO (Planned Maintenance Optimization) based approach with aggressive targets and timelines. 20% increase in productivity. Chop downtime in half. Deliver this within 1 year. All in unproven territory.

U.S. Navy Analysis of Submarine Maintenance Data and Development of Age and Reliability Profiles

By Timothy M. Allen

ABSTRACT
In 1961a U.S. Government sponsored task force reported its findings on the effect of scheduled maintenance and aircraft reliability. They stated "In the past, a great deal of emphasis has been placed on the control of overhaul periods to provide a satisfactory level of reliability. After careful study, the Committee is convinced that reliability and overhaul time control are not necessarily directly associated topics." Further studies that also supported this precept led to a new discipline known as "Reliability Centered Maintenance". This RCM discussion focuses on one of the principles of RCM - Hardware may wear out or have random failure - Random is more common - and the U.S. Navy's findings in regard to this principle. In 1998 Naval Sea Systems Command activity SUBMEPP (Submarine Maintenance Engineering, Planning and Procurement) developed the capability to generate Age and Reliability curves utilizing maintenance feedback data. This provided the organization a new means to objectively measure the effects of planned maintenance to engineer optimal maintenance plans. After three years of generating Age and Reliability curves, SUBMEPP is ready to report that the 1961 finding still holds true. In the majority of cases, there is no relationship between overhaul time and reliability.

Bentley Delivers eB Insight,  the Foundation of Its AssetWise Platform

ORLANDO, Fla. - ARC World Industry Forum - Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, today announced its first release of eB Insight, the foundation of Bentley’s AssetWise platform.

Competition With a Purpose

"Competition with a purpose," Honda North America's Hugo Beltran smiles as he summarizes Honda's first Skills Olympics held at the Marysville, Ohio, site on March 6, 2014. "As a company, we recognized the need to focus some effort on our equipment service technicians (aka skilled tradespeople), how they are an integral part of our organization. On a daily basis, we depend on our equipment service technicians to communicate with our operations people, troubleshoot equipment, identify faults, and make repairs or modifications to keep our equipment up and running. We also wanted to create an event that incorporated the teamwork from the executive level to the equipment technicians, while incorporating Honda's core philosophy of a challenging spirit," the associate chief engineer explained. "At the end of the day, while only one team went home with the gold medals, everyone who was involved came out a winner."

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Asset Management Technology

Asset Management Technology Vendors Create Market Disruption at IMC-2022

The aim of the Asset Management technology domain is to assure that IT/OT systems are focused on creating the value from the assets and that the business can deliver to achieve organizational objectives as informed by risk.

Manufacturing and Business Excellence - Part 1

The Scene

Kaohsiung Industries, an international manufacturing company, has recently made substantial inroads into US and European markets, shaking the confidence of investors in competing US and European manufacturers. Around the globe, manufacturers like Kaohsiung are capitalizing on lower trade barriers, a growing global economy, and substantial growth in the Asia-Pacific economies, challenging other manufacturers' long-standing position in their traditional markets.

Beta International, a large manufacturing conglomerate, is under intense pressure from domestic competitors with newer technologies, from foreign competitors with cheaper products, and from within- there's so much politicking that much of the work that's done by many individuals is related to positioning for survival in a streamlined organization. They have just named a new CEO, Bob Neurath, who is determined to get the company back on track and reestablish itself as the leader in its markets, especially its chemicals sector.

7 Steps to Criticality Analysis for Capital Projects and Sustainment Planning

7 Steps to Criticality Analysis for Capital Projects and Sustainment Planning

Asset criticality is a ranking of assets according to potential operational impact. This is usually determined through a formal asset criticality analysis on each asset or group of like assets.

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