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asset management

SKF Strengthens Support for Customers and Distributors in the Industrial Market

Goteborg, Sweden, (Business Wire)—SKF announced that they have formed two new business areas to be better able to serve the needs of customers within the Industrial Market. The two new areas are the Industrial Market, Strategic Industries and the Industrial Market, Regional Sales and Service and they replace the former Industrial Division and Service Division.

Asset Management

Reliable Manufacturing Announces the Next Operations Excellence Master Class

Reliable Manufacturing is holding its next Operations Excellence Master Class on 8 February 2012, at Gisborough Hall, North East England. The one-day event is designed to equip leaders in manufacturing and distribution industries with the operations excellence and reliability principles to improve business performance.

Asset Management

First Utility Organization to Receive International PAS 55 Recognition

TRANSCO is pleased to announce its successful accreditation to the British Standard PAS 55 Publicly Available Specification for Asset Management. TRANSCO is the first multi-utility organization in the Middle East to have achieved this prestigious award to the standard endorsed by the Institute of Asset Management (IAM).

Asset Management

Hatch SAMS Team is now an Endorsed PAS55 Asset Management Assessor

Hatch has been successful in its application for PAS55 Endorsed Assessor status. This means that Hatch is now accredited by the Institute of Asset Management (UK) to perform PAS55 compliance certification or gap analysis for organizations seeking to improve their asset management systems.

Asset Management

SKF Establishes University Technology Center with Lulea University of Technology in Lulea Sweden

GOTEBORG, Sweden,(BUSINESS WIRE)—SKF (sto:SKFA) (sto:SKFB) SKFRY +0.10% today announced it has signed a five-year contract with Lulea University of Technology (LTU) to establish an SKF University Technology Center focused on developing advanced concepts in condition monitoring and asset management.

Asset Management

AESSEAL Named Overall Winner at the IMechE Manufacturing Excellence Awards

Rotherham based AESSEAL continue to defy the notion that British manufacturing is dead, stealing the show at the Institution of Mechanical Engineers’ annual Manufacturing Excellence awards by being named the overall winner and also receiving the Customer Focus award.

Asset Management

Philadelphia Mixing Solutions, Ltd. Shares Solutions at IMC-2011 in Booth 110

Palmyra, Pennsylvania, December 1, 2011 - Philadelphia Mixing Solutions, Ltd. (PMSL), the world leader in process mixing and innovation, will exhibit at the International Maintenance Conference (formerly Solutions 2.0) December 5-8, 2011 at the Hyatt Regency Coconut Point, Bonita Springs, Florida.

Asset Management

The Business of Asset Management - Part Two

In the last issue of Uptime Magazine, we discussed the importance of managing assets from the initial investment planning to the design phase of an asset's life. The focus of the last article was to show how to maximize the return on investment a company receives for the life of the asset, thereby increasing shareholder value. This article focuses on moving the discussion from the drawing board to the shop floor.

Asset Management

Sustaining a Risk Based Inspection Program

An hour long presentation by Leon Johnson, Learning Manager, Meridium

Many owner/users in process facilities have implemented risk based inspection (RBI) or utilized RBI to optimize their inspections. The challenge is sustaining these programs so they remain valid and effective over time. Let's identify some of the common challenges for sustaining a risk based mechanical integrity program and ways to overcome them.

Asset Management

For the plant with productivity problems, why minimizing failures changes the game

An hour long presentation by Steve Murray, Director, Reliability Systems, North America, ABB Inc.

Manufacturers today face low-cost products from countries producing high quality products. In addition, they face global competition within their own companies as corporate planners weigh financial benefits of new plants in developed economies, or new plants in growing economies. This global competition drives organizations to fully identify their core competencies, as they can only afford to do a few things well, while squeezing as much from their existing assets as possible.

Asset Management

Allied Reliability Group and Sinclair Group Announce Strategic Partnership

Sinclair Group and Allied Reliability Group, two leading service providers in plant Operations and Maintenance, have created a Strategic Partnership to Provide Clients with Holistic and Integrated Solutions to Improve Manufacturing Operations Performance.

Asset Management

Increase Accuracy, Safety and Efficiency by Extending Equipment Life With Crane Reliability Survey

SPRINGFIELD, Ohio, (GlobeNewswire via COMTEX)—The Crane Reliability Survey from Konecranes is an engineering assessment designed to generate reliable information about the current condition and the future maintenance and modernization needs of a crane.

Asset Management

The Journey to Equipment Health Monitoring Value Realization

An hour long presentation by David Anderson, Domain Expert - Oil & Gas, Optimized Systems and Solutions

Operators of critical high value rotating equipment are well versed in collecting data. What they do with their data determines the value that they are able to derive from it. Through the use of an effective Equipment Health Monitoring solution, raw data from various sources is transformed into actionable decision support.

Asset Management

SKF leading global supplier within asset reliability software and services according to ARC

SKF today announced that within the recently released “Asset Reliability Software & Services Worldwide Outlook*,” ARC Advisory Group named SKF the leading global supplier for this growing market for the base year 2010.

Asset Management

Part 2 of a 2-Part Series on PAS-55 4.4.7 Risk Management

A 45 minute long presentation by Stace Smith, The Asset Performance Group (APG)

In the PAS-55 framework for optimal asset management, Clause 4.4.7.1 specifies that an organization shall have processes in place for the ongoing identification and assessment of asset-related and asset management related risks, as well as the identification and implementation of control measures over the lifecycle of same assets. There are several good options for evaluating risks and financial impacts to asset performance, such as HAZOP, RCM, RiskAoA, and so on - PAS-55 specifies only that we meet its requirements to be compliant.

Asset Management

For the Executive with Plant Productivity Problems. Why Outsourcing Maintenance Changes the Game

An hour long presentation by Magnus Pousette, Group Vice President, Business Unit Full Service, ABB Inc.

By outsourcing maintenance to ABB, over a hundred customers have changed the game in their plant. They have enjoyed and continue to enjoy a rapid change in plant culture, significantly improved plant output and a reduction of both energy and total maintenance costs. During this webinar we will demonstrate how ABB contractually commits to delivering $$$'s on your bottom-line - showing you how confident we are in our ability to drive change through an emphasis on asset reliability.

asset management

SKF Strengthens Support for Customers and Distributors in the Industrial Market

Reliable Manufacturing Announces the Next Operations Excellence Master Class

First Utility Organization to Receive International PAS 55 Recognition

Hatch SAMS Team is now an Endorsed PAS55 Asset Management Assessor

SKF Establishes University Technology Center with Lulea University of Technology in Lulea Sweden

AESSEAL Named Overall Winner at the IMechE Manufacturing Excellence Awards

Philadelphia Mixing Solutions, Ltd. Shares Solutions at IMC-2011 in Booth 110

The Business of Asset Management - Part Two

Sustaining a Risk Based Inspection Program

For the plant with productivity problems, why minimizing failures changes the game

Allied Reliability Group and Sinclair Group Announce Strategic Partnership

Increase Accuracy, Safety and Efficiency by Extending Equipment Life With Crane Reliability Survey

APT Announces Release of PRO-M V9.1

The Journey to Equipment Health Monitoring Value Realization

SKF leading global supplier within asset reliability software and services according to ARC

Efficient Asset Management Systems

Part 2 of a 2-Part Series on PAS-55 4.4.7 Risk Management

For the Executive with Plant Productivity Problems. Why Outsourcing Maintenance Changes the Game

Ventyx Signs ER Software License

ICE awards 3-year contract to an international consortium