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asset management

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.

Asset Condition Management

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.

Asset Management

Siemens and Bentley Systems Agree to Jointly Offer Planning and Design Solutions for Utilities

Building on the strategic alliance between Siemens and Bentley Systems that was made public in November 2016, Siemens’ Energy Management Division and Bentley Systems have announced an agreement to jointly develop solutions to accelerate digitalization of planning, design, and operations for power utilities and industrial power customers.

Asset Management

Engineering Technology and Reality Modeling Enables Whole Life Asset Management

IMC-2016 RAP Talk - 22:46
by Greg Bentley, CEO, President and Chairman of the Board of Bentley Systems

Greg Bentley, CEO, Bentley Systems, discusses his near-term predictions of the visual workplace and the technologies available today for maintenance professionals to work in a realistic 3D visualization environment where asset information is accessible and understood in context. Bentley, a thought leader in engineering technology, will convince you that reality modeling is going mainstream. The adoption rate of UAVs and reality modeling is making continuous surveying of assets a reality for "inspectioneering”.

Asset Management

The Importance of Planning to Sustain Continuous Improvement

Leaders. They used to be represented at almost every maintenance reliability conference around the world. They were seen as the best in asset management with a seemingly limitless number of case studies that clearly showed the benefits of root cause analysis (RCA), condition monitoring, reliability-centered maintenance (RCM), planning and scheduling. Their people gave presentations that clearly showed the value of the foundational elements of walking down your assets, developing an accurate equipment hierarchy and performing a thorough criticality analysis.

Asset Management

IoT Total Solution Management (TSM) at J&J Global Manufacturing Sites

IMC-2016 - 42:20
by Matt Boehne, Banetti

Johnson & Johnson is leveraging IBM Watson Analytics and IoT toolsets with the Banetti IoT TSM expertise to gain deep understanding and control over the breadth and depth of all Intelligent Assets deployed in the J&J Enterprise. IoT TSM is an Enterprise Device & Asset Management (EDAM) solution rooted in the power of the IBM IoT toolset and Watson Analytics. The IoT TSM approach of a single solution layer lying on top of existing systems and devices allows J&J to deploy a standard across all production sites regardless of what underlying technology is in place today.

With IoT TSM in place, J&J has an unprecedented window into the Enterprise technology landscape, both legacy and planned. The solution provides a single dashboard view of the Enterprise, enabling insight into the “dark” sectors of the manufacturing organization while providing intelligent decision support across the Enterprise from top to bottom. TSM is an “active listener” in the world of invisible IT communications and information, which allows J&J to react immediately and intelligently to the rapidly changing BYOD landscape.

Asset Management

CMC Steel South Carolina’s Reliability Journey

IMC-2016 - 51:22
by Greg Evans, CMC

CMC Steel South Carolina's reliability journey was started out of a need to be the low cost producer in the steel industry. A study found that their maintenance practices were completely reactive and their facilities were underutilized. In January of 2005, they began a Reliability Excellence initiative with LCE in an effort to achieve world-class reliability. Watch this video to learn more about their reliability journey and how they were able to save over $6 million as a result of PdM programs since 2012.

Asset Condition Management

Improving Business Performance Through Contract Lubrication

The RELIABILITY Conference – 45:47
by Mike Johnson, President – Precision Lubrication Services

This presentation adds a different perspective on modern maintenance operations. Precision lubrication add a tremendous value as you go about the efforts of reducing the costs of ongoing machine care. Lubricants represent 1-3% of the total budget in typical maintenance budget divisions. Mike Johnson talks about executing a plan for machine lubrication that can improve the performance and streamline operations.

asset management

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

Decision Support: Different Levels of Sophistication

Accenture Opens Innovation Hub in Houston

February - March 2017

Selecting the Correct Maintenance Strategy

Insights for Improving the Performance of Your Critical Assets

Schneider Electric Acquires MWPowerlab s.r.l.

Siemens and Bentley Systems Agree to Jointly Offer Planning and Design Solutions for Utilities

ABB Launches Next-Generation Asset Management Solution to Improve Efficiency and Optimize Costs

Industry in Transition: Asset Management for the Digital Enterprise

Engineering Technology and Reality Modeling Enables Whole Life Asset Management

Preventing Chaos With a Holistic Asset Management Approach

The Importance of Planning to Sustain Continuous Improvement

IoT Total Solution Management (TSM) at J&J Global Manufacturing Sites

CMC Steel South Carolina’s Reliability Journey

Asset Care Perspectives - Learning Along the Journey

Improving Business Performance Through Contract Lubrication

Reliabilityweb.com Announces 2016 Uptime® Award Winners

Reliabilityweb.com Launches Enhanced Reliability Framework And Asset Management System

Reliabilityweb.com to Release New Book About ISO55000 Asset Management