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asset management

Asset Management

JOHN CRANE SHOWCASES MAJOR INCREASE IN SERVICE CAPABILITY

The opening of John Crane’s expanded Northern Service and Operations Centre in the UK has focused the spotlight on a recent programme of investment undertaken by this global leader in the provision of rotating equipment products and technologies. Equipped with an extensive range of specialist testing, analysis, repair and refurbishment equipment, the unique new facility in Manchester offers a significantly wider range of service and customer support capabilities than previously, all of which are designed to increase equipment availability and reduce the total cost of ownership for the customer.

Asset Management

SmartSignal Customers Win Industry Accolades for Innovation

Use Predictive Analytics to Improve Equipment Availability and Reliability

Lisle, Ill.-Three SmartSignal Corporation customers have been lauded by the international energy industry for outstanding performance and innovation and were further recognized for these achievements at the recent SmartSignal Summit 2010.

Asset Management

Asset Intelligence Exploits Teradata’s Power to Deliver Analytics for Fleet Management

Making sense of thousands of messages to track the location and condition of supply chain assets

DAYTON, Ohio/PRNewswire/—To help over-the-road freight carriers eliminate blind spots in their operations and drive better fleet productivity and performance, Asset Intelligence has based its new enterprise analytics service on a Teradata Data Warehouse Appliance platform, Teradata Corporation (NYSE: TDC) announced today.

Asset Management

Invensys Hosts OpsManage’10

Microsoft and Cognizant Co-Sponsor Global Series of Events; Focus on Achieving Operational Excellence Using an Open Enterprise Control System

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Asset Management

Modern IT tools for Asset Management – Vitalizing an aging workforce

While the economic downturn has postponed this trend by a few months to a year, the baby boom generation is preparing to retire. In the western, developed world, there is a small number of younger, working-age people, and that presents an immediate, quantitative problem in that there will be fewer people available to do the work. In engineering-intensive manufacturing operations and maintenance fields, the problem is compounded by a low number of young people choosing these relatively "uncool" professions.

Asset Management

Black & Veatch becomes IAM Endorsed Assessor

As an Endorsed Assessor for the Institute of Asset Management (IAM), Black & Veatch can help clients deliver asset management excellence.

Asset Management

Asset Performance Group Announces PAS-55 Endorsed Assessor Status

The Asset Performance Group announces that it has been recognized by the Institute of Asset Management as an ‘Endorsed Assessor’ of the Publicly Available Specification for Asset Management (PAS-55).

Asset Management

Using Reliability To Compete With Cheaper Imports

US Sugar operates the world's largest fully integrated cane sugar raw milling and refining factory, one of world's most efficient citrus processing facilities, and the nation's largest private

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Asset Management

Asset Ownership

Who owns your assets? The production operator or the mechanic? The "we run it, they fix it" mentality will not improve reliability. Operations should be an integral part of the ...

Asset Management

ABB wins three-year maintenance partnership agreement in Oman

ABB, the leading power and automation technology group, has announced that its local company in Oman, ABB Oman LLC has signed a three-year maintenance agreement for Vale’s state-of-the-art iron ore pellet plant and distribution center in Oman. This maintenance partnership agreement will be a continuation from the current agreement where ABB is responsible for the management and planning of the entire commissioning phase of the project.

Asset Management

PAS Publishes Second Edition of The Alarm Management Handbook

The definitive guide to best practices for effective alarm management and a concise summary of the new ISA standard.

Asset Management

UMS Group Inc. Appointed a PAS 55 Endorsed Assessor by the Institute of Asset Management

PARSIPPANY, N.J., /PRNewswire/—UMS Group is pleased to announce its appointment by the Institute of Asset Management as a PAS 55 Endorsed Assessor. This appointment will enable us to certify compliance with Publicly Available Specification 55 - the emerging global standard for Asset Management excellence, and now on the path to becoming an ISO Standard. As one of the contributors to the evolution of PAS 55, we at UMS Group are proud to be among the initial group of 12 Endorsed Assessors.

Asset Management

Process improvements and cost reduction through reliability enhancements

"Forming a partnership with ABB, we have accomplished production performance improvement and reduced maintenance costs. Our results are a continuing and sustainable process that will pay lasting dividends."

Maintenance Manager, Southeast Chemical Plant

Interpreting PAS-55 Section 4.2 – Asset Management Policy
Asset Management

Interpreting PAS-55 Section 4.2 – Asset Management Policy

An 60-minute recorded webinar by James Nesbitt, Principal - Service Delivery, The Asset Performance Group Inc.

The British Standards Institute's Publicly Available Specification 55 (PAS-55) provides organizations with a framework for establishing good practices in asset management. In the fourth installment of our popular PAS-55 themed webinar series, APG will guide attendees through the first critical element of PAS-55 requirements - a deep dive into interpretation and implementation of asset management policies. Join us as we dissect this critical PAS-55 element and help you to interpret the requirement and investigate how you can use asset management policies to align actions to overall business goals.

Participate to learn:

1) PAS-55 specifies the implementation of asset management policies

2) Asset management policies help organizations to align activities to business goals and ensure consistent communication throughout the organization

3) Practical guidance for developing asset management policies that meet PAS-55 requirements

Asset Management

Make Asset Care Your Way of Doing Business

Have your executives set aggressive targets for improvement?

Do you require a stronger, more consistent reliability process?

Do you need to eliminate unplanned outages due to equipment

...

Asset Management

SmartSignal to Present at XXI World Energy Congress

Will Discuss Breakthrough Advances in Predictive Diagnostics and Work Management

Lisle, Ill. - SmartSignal® Corporation today announced that it will present a paper at the XXI World Energy Congress (WEC), which is being held September 12-16, 2010 at the Palais des congrès/Convention Centre in Montreal, Canada.

Asset Management

Reliable Manufacturing reveals date of new What Tool? When? Master Class

Change management consultancy firm, Reliable Manufacturing, has announced details of its next What Tool? When? Master Class with industry experts Ron Moore and Andrew Fraser. The two-day event will be held at the Holiday Inn Runcorn, near Manchester Airport, on Monday 20th and Tuesday 21st September 2010.

Asset Management

PAS 55 – A new hype?

(By J. Schipper, Managing Director UMS Group Europe and L. Dik, Associate, UMS Group Europe)

As professionals in the Utility market, we at UMS Group were surprised with the enormous interest in PAS 55. What were people thinking? What are their expectations? What are their experiences? UMS Group used the Linked-In forum to facilitate several discussions and, in April 2010, we polled members to explore this new "thing" called PAS 55. Results of this poll, and some interpretation from our point of view, are discussed in this white paper.

We have also facilitated a forum discussion using these poll results at a "Risk Based Asset Management" conference held in Bonn in May 2010. Not unexpectedly, the forum discussion aired a range of views, questions and some degree of alignment.

Asset Condition Management

Taking Charge

Increase Safety & Reliability with Integrative Predictive Maintenance

by  Dale P. Smith, CMRP

MaintenanceElectricity, and its uninterrupted distribution through our nation, facilities and lives, is an inescapable requirement and the backbone of progress in today’s society.  The resurgence of US commerce is not possible without it.  Safe and reliable electrical distribution systems typically start out as being well engineered, with bright futures provided they receive regular, adequate maintenance and periodic testing.

Asset Management

ISA Announces Process Safety Expert, David Cummings with DuPont Safety, to Present Keynote Address

The International Society of Automation (ISA) announced today that process safety expert David Cummings, Global Process Safety Management Competency Leader for DuPont Safety, Health & Environment (SHE), will deliver a keynote address at ISA Automation Week 2010 on 6 October in Houston, Texas, USA.

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