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asset management

Failure Modes to Failure Codes in Maximo- Part 3

Failure Modes to Failure Codes in Maximo- Part 3

IMC-2016 - 49:58 
by Derek Burley, Blue Sky Reliability Consulting, LLC and John Reeve, Total Resource Management

When organizations wonder why their CMMS contains poor failure data, lacks analytical capabilities and is devoid of any form of failure analysis process, it is because the implementation team assumed the software itself would magically assemble meaningful data to identify worst offenders. Or, it is because the Core Team has not understood the benefits behind chronic failure analysis. Or, it is because the reliability engineer was never involved in the implementation and optimization of the system.
A few months ago, I was told the story of a maintenance engineer who spent 2 months reading through text fields on the work order to glean relevant information to help him identify the key failure modes of the asset in question. So why did this happen? Why weren’t the failure codes properly entered in the CMMS?
There are multiple reasons. But let’s first say this is one of the modern day puzzles within the CMMS community. After 2 decades (based on my field experiences) the majority of all sites - and all industries - have never successfully performed chronic failure analysis by leveraging actionable data direct from the CMMS. This is most unfortunate because 40-60% of all maintenance costs reside in this area.
This 3 hour seminar will involve the audience in a detailed discussion to discover a better solution. Key topic points will include:
Define failure data, failure codes, and failure mode (the language of RCM)
Define the ideal failure analytic, Pareto style.
Define the role of a Reliability Team
Describe how this entire process can be implemented.
Participants will absolutely walk away with an answer to this age old problem. Don't miss out on the largest potential benefit to your CMMS.

 Cohesive Solutions’ Propel Performance Management Solution Awarded at the Solution Awards

Cohesive Solutions’ Propel Performance Management Solution Awarded at the Solution Awards

Cohesive Solutions' Propel Performance Management Solution was awarded for the best in Leadership for Reliability during the Solution Award ceremony at the RELIABILITY conference in Las Vegas.

Failure Modes to Failure Codes in Maximo- Part 2

Failure Modes to Failure Codes in Maximo- Part 2

IMC-2016 - 49:05
by Derek Burley, Blue Sky Reliability Consulting, LLC and John Reeve, Total Resource Management

When organizations wonder why their CMMS contains poor failure data, lacks analytical capabilities and is devoid of any form of failure analysis process, it is because the implementation team assumed the software itself would magically assemble meaningful data to identify worst offenders. Or, it is because the Core Team has not understood the benefits behind chronic failure analysis. Or, it is because the reliability engineer was never involved in the implementation and optimization of the system.
A few months ago, I was told the story of a maintenance engineer who spent 2 months reading through text fields on the work order to glean relevant information to help him identify the key failure modes of the asset in question. So why did this happen? Why weren’t the failure codes properly entered in the CMMS?
There are multiple reasons. But let’s first say this is one of the modern day puzzles within the CMMS community. After 2 decades (based on my field experiences) the majority of all sites - and all industries - have never successfully performed chronic failure analysis by leveraging actionable data direct from the CMMS. This is most unfortunate because 40-60% of all maintenance costs reside in this area.
This 3 hour seminar will involve the audience in a detailed discussion to discover a better solution. Key topic points will include:
Define failure data, failure codes, and failure mode (the language of RCM)
Define the ideal failure analytic, Pareto style.
Define the role of a Reliability Team
Describe how this entire process can be implemented.

Participants will absolutely walk away with an answer to this age old problem. Don't miss out on the largest potential benefit to your CMMS.

Failure Modes to Failure Codes in Maximo- Part 1

Failure Modes to Failure Codes in Maximo- Part 1

IMC-2016 - 45:20
by Derek Burley, Blue Sky Reliability Consulting, LLC and John Reeve, Total Resource Management

When organizations wonder why their CMMS contains poor failure data, lacks analytical capabilities and is devoid of any form of failure analysis process, it is because the implementation team assumed the software itself would magically assemble meaningful data to identify worst offenders. Or, it is because the Core Team has not understood the benefits behind chronic failure analysis. Or, it is because the reliability engineer was never involved in the implementation and optimization of the system.

A few months ago, I was told the story of a maintenance engineer who spent 2 months reading through text fields on the work order to glean relevant information to help him identify the key failure modes of the asset in question. So why did this happen? Why weren’t the failure codes properly entered in the CMMS?

There are multiple reasons. But let’s first say this is one of the modern day puzzles within the CMMS community. After 2 decades (based on my field experiences) the majority of all sites - and all industries - have never successfully performed chronic failure analysis by leveraging actionable data direct from the CMMS. This is most unfortunate because 40-60% of all maintenance costs reside in this area.

This 3 hour seminar will involve the audience in a detailed discussion to discover a better solution. Key topic points will include:

Define failure data, failure codes, and failure mode (the language of RCM)

Define the ideal failure analytic, Pareto style.

Define the role of a Reliability Team

Describe how this entire process can be implemented.

Participants will absolutely walk away with an answer to this age old problem. Don't miss out on the largest potential benefit to your CMMS.

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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.

 Siemens Launches New Business to Digitalize the U.S. Rail Industry

Siemens Launches New Business to Digitalize the U.S. Rail Industry

IoT platform virtually monitors, analyzes and predicts rail operations for smarter, safer and more reliable systems

Industry-leading technology guarantees 100% availability of rail assets

Siemens to partner with Atlanta on operational insights for downtown streetcar and Charlotte on pilot program for prescriptive maintenance

A New Context: The Industrial Internet of Things

A New Context: The Industrial Internet of Things

IMC-2016 RAP Talk - 20:12 
by John Murphy, Reliabilityweb.com

What is the Industrial Internet of Things? In this RAP Talk from IMC-2016, John Murphy breaks the term down by explaining the various pieces of it. According to Murphy, the new context is Industrial Internet of Things is part of asset management. Asset managers must be thinking about that as they make any investment going forward.

Tethered Drones in Enterprise Asset Management?

Tethered drones offer the industrial sector a different vantage point when it comes to EAM.

Does drone mania have your head spinning like a propeller?

Six out of 10 active drones today are used in

...

 April - May 2017

April - May 2017

Click to read all articles from this issue. You can also download the full PDF.

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 NEW Asset Management Passports for Uptime Elements

The NEW Asset Management Passports for Uptime Elements

IMC-2016 - 37:59
by Rhys Davies and Claire Gowson, Discursive

In this presentation from IMC-2016, Rhys Davies and Claire Gowson outline the history and intention behind the new asset management passports for the Uptime Elements. When creating the new elements, they wanted them to do two things. The first was to introduce a new block of elements, which describe the processes and provide additional connections between various elements. The second was to provide a visualization of the process elements into an asset management framework. Learn more by watching this video.

Maximo Asset Management, Made Simple

Maximo Asset Management, Made Simple

This document provides insights from a maintenance perspective, the day-to-day user of the system and the information contained within it. Identifying all maintainable assets and their physical locations are critical to the maintenance function. From this functionality, data to identify the required maintenance strategies, develop logical maintenance routes and identify routine spare parts can be understood.

 Bentley Systems Issues Call for Submissions to the 2017 Be Inspired Awards

Bentley Systems Issues Call for Submissions to the 2017 Be Inspired Awards

Year in Infrastructure 2017 Conference Being Held in Singapore, a City Recognized Globally for BIM Advancements 

 Roborace Becomes First Company in Driverless History to Race Two Cars Simultaneously

Roborace Becomes First Company in Driverless History to Race Two Cars Simultaneously

Roborace, the driverless, electric racing series, today completed a world first by performing the first ever live demonstration of two driverless cars on the track at the same time. The demonstration took place using Roborace’s development cars ‘DevBot 1 and 2 on the city streets of Buenos Aires.

 US$188+ million of equipment and trucks sold at Ritchie Bros.’ premier global auction in Orlando, FL

US$188+ million of equipment and trucks sold at Ritchie Bros.’ premier global auction in Orlando, FL

Five-day mega-auction (Feb. 20-24) sets new site records for bidders (10,400+) and sellers (1,000+)

Decision Support: Different Levels of Sophistication

"Trust me, I'm an expert," generally is not a good basis for determining which asset management activities are appropriate. For many decades, however, technical expertise has been relied upon

...

 Accenture Opens Innovation Hub in Houston

Accenture Opens Innovation Hub in Houston

At opening event, Accenture to host panel with Houston business leaders to discuss expanding city’s innovation economy

 February - March 2017

February - March 2017

Click to read all articles from this issue. You can also download the full PDF.

Selecting the Correct Maintenance Strategy

Selecting the Correct Maintenance Strategy

Determining the proper maintenance strategy for a site’s assets can be a daunting undertaking. There’s a fine line between profitability and reliability, and frequently, a facility’s strategy usually favors one or the other. When weighted toward running equipment past its design or capabilities, it can lead to frequent, unplanned interventions and associated costs of labor, material and lost production. When the arc of the pendulum swings too far to over maintaining an asset, the availability can be seriously hindered and impact profitability. It’s important to find that “sweet spot” between these two approaches to ensure there’s an appropriate amount of maintenance that still drives profitability. The question is how to find it.

Insights for Improving the Performance of Your Critical Assets

Insights for Improving the Performance of Your Critical Assets

IMC-2016 RAP Talk - 16:46 
by Jeff Owens, Advanced Technology Services

With over 27 years’ experience, Jeff Owens, CEO of Advanced Technology Services (ATS), is at the forefront of the industrial services industry. Here, he shares his insights for improving the performance of your critical assets, in relation to the various challenges today’s manufacturers face including the skills gap, equipment downtime and aging machinery.