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asset management

Asset Management

IBM & MERMEC Group Jointly Present their Asset Maintenance Solutions to the China M.O.R.

Beijing, China, 10/16/2009 - The two companies are guest speakers at the Chinese Permanent Way Summit that will focus on the most cutting edge technologies for track construction and life-cycle management.

Asset Condition Management

There is a Cost to Everything!

I grew up in a household as the youngest of five kids so my parents knew a little bit about managing relationships, money, conflict resolution, problem solving and all sorts of things that they

Asset Management

AM Council delivering Risk and Reliability for Good Asset Management

Australia - On Monday 9 November 2009, the Asset Management Council (AM Council), a Technical Society of Engineers Australia, will be hosting its Sydney Training Intensive titled Risk and Reliability for Good Asset Management. The one day event provides an introduction to a range of approaches and methods for risk and reliability assessment and uses case studies from a range of industries to illustrate how businesses may enhance decision making by the correct use of risk and reliability techniques.

Asset Management

Is There Too Much Capacity

It is currently October 2009 and evidence is mounting that the world's economies are slowly emerging from the bottom of the Great Recession. Despite that good news; Gross Domestic Product is far below its level of 2007. The important strategic questions for business people are:

• "What is likely to happen in the coming years?"
• "Should I change my thinking about reliability and process improvement?
• "How can I best position myself and my organization for the likely scenarios?"

What is Likely to Happen?

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Asset Management

Making Automation Data Part of the Maintenance Process

Automation has revolutionized industry and allowed us to produce more and do more in less time and with fewer resources. However, the majority of automated systems integrate well for operations,

...

Asset Management

Asset Management Council and UGL Services an Asset to Victorian Engineering Industry Week

In September 2009, Engineers Australia, Victoria Division, hosted the Victorian Engineering Industry Week (VEIW). The campaign celebrated and promoted the work of Victorian engineers through a variety of events and activities, including a captivating event organised and delivered through asset management experts United Group Services (UGL Services) and the Asset Management Council (AM Council).

Asset Management

The Changing Role of Maintenance and Reliability Organizations in the New Economic Reality

In the current economic climate, companies are faced with making very difficult decisions. The recession has forced companies to re-evaluate their most basic business goals and objectives. This re-evaluation has impacted all business functions, but particularly the maintenance and reliability organizations. The maintenance and reliability organizations now have the opportunity to contribute to their companies in at least five areas. These include:

1. Excess Capacity/ Underutilized Assets
2. Idle or "Mothballed Assets
3. Deferred Maintenance
4. Skills Shortages/ Experience Retention
5. Sustainability/ Green Initiatives
Further examination of these five areas will highlight the changes and adjustments maintenance and reliability professionals will need to make in their roles and responsibilities.

Asset Management

Kruger Inc. Selects Ivara Strategy for Operations and Maintenance Excellence

BURLINGTON, ON, Oct. 1 - Ivara Corporation, the industry leader and innovator in Asset Performance Management (APM) solutions, today announced that Kruger Inc., a major producer of paper, wood products and green energy, and leading recycler of paper and paperboard in North America, has selected the Ivara APM solution. The Ivara solution will fulfill Kruger’s strategic business initiative of optimizing manufacturing costs by ensuring capital asset performance and reliability. The Ivara APM solution, comprised of reliability business processes, practices and technology, will initially be implemented at the Kruger Wayagamack mill in Trois-Rivieres, Quebec.

Asset Management

Emerson and Meridium combine their asset management expertise to create valuable new capabilities

Predictive diagnostics join advanced analytics and decision support; new AMS Suite: Asset Portal v4.0 powered by Meridium is introduced

Asset Management

How Can Production Curtailments Drive up My Maintenance Costs?

It is critical that manufacturing equipment that is being curtailed be shut down and properly prepared for extended downtime. If shortcuts are taken during this phase, startup costs will be

 


Tip provided by Life ...

Asset Management

Coupling Maintenance

When it comes to coupling maintenance attention to detail is the key. Depending on the style of coupling, putting in the extra time is crucial to getting maximum life and performance. Insert and

Asset Management

BOMI Dictionary Merges with Web-Based FMpedia Standardizing Building Industry Terms

ANNAPOLIS, MD—- Jeffrey A. Horn, president and CEO of BOMI (Building Owners and Managers Institute) International, has announced a partnership with the IFMA Foundation to bring a wiki-like web-based glossary of building terms to members of the building industry. FMpedia is, to a large extent, modeled on the Wikipedia model (www.wikipedia.com). FMpedia is a dynamic, real time, open, Internet-based glossary where contributors are welcome to add new FM terms and definitions, and comment on existing ones. It is meant to be as broad and international as possible. The glossary is non-commercial, supported by the IFMA Foundation, and contains no product endorsements or paid sponsors.

Asset Management

Reliable and Safe Food Production - Sanitary Operation (3 of 8)

Sanitary Operations (Section 110.35 of 21CFR)

Buildings, fixtures, and other physical facilities of the plant shall be maintained in a sanitary and functional condition to prevent food from

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Asset Management

Sustained Reliable Operations Summit

Thank you for registering for the Sustained Reliable Operations Virtual Summit sponsored by GPAllied.

Asset Management

Day & Zimmermann Awarded Contract for Completion of Nation’s First New Nuclear Plant in 20 Years

DZNPS to provide construction and refurbishment services to TVA’s Watts Bar Unit 2 Nuclear Plant

Journey to Continuous Improvement
Asset Management

Journey to Continuous Improvement

iPresentation - 12:48
By Winston Ledet, Founder The Manufacturing Game

Please join Winston Ledet founder of the Manufacturing Game for a 12 minute video lesson about creating a culture of continuous improvement.

Asset Management

Asset Integrity: What to do after an Economic Crisis

Being Prepared

Most companies have reduced cost during these tough economic times in order to survive, shutting down equipment, lay off staff, extending time between rebuilds and preventive maintenance without thinking about the preparation they should be taking in order to take advantage of the economic turnaround. There will be winners and losers once the world economy turns around. Companies who are prepared will win by shutting down their competition, demonstration profits never heard of before. This can be obtained by focusing on "optimizing asset integrity at optimal cost".

 

Asset Management

BOMA International Top Ten List for National Preparedness Month

Hurricane Season and Return of H1N1 Call for Preparedness Best Practices

Asset Management

ScottishPower Energy Wholesale Achieves PAS 55 Certification

BURLINGTON, ON (Sept. 1, 2009) - Ivara Corporation, the industry leader and innovator in asset performance management solutions, today announced that ScottishPower Energy Wholesale Ltd, a subsidiary of Iberdrola Group, implemented Ivara® EXP Enterprise software and the Ivara Work Smart® methodology to support PAS 55 accreditation. Publicly Available Specification 55 (PAS 55-1:2003 & PAS 55-2:2008) provides a benchmark for optimal management of physical assets.

Asset Management

PAS Releases Updated PlantState Suite

Houston, TX - August 11, 2009 - PAS, a global supplier of Operations and Automation Effectiveness software and services, announces the immediate release of Plant State Suite Version 6.3. PlantState Suite is the industry leading solution for comprehensive alarm and control loop performance management, helping to improve plant safety, productivity, and reliability.

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