September 19, 2019, 11:34 pm

News

NEW ARTICLE: We Optimised our Preventive Maintenance without realising it

 It is sometimes interesting to reflect on our own exposure to maintenance when it is overlaid with current thinking and methodologies for best practice maintenance.

In the 1990’s, off highway dump trucks were serviced every 250 hours. This would involve bringing the truck into the workshop for about a shift. We would change the engine oil and carry out other OEM recommended tasks. On top of this we would have carried out a host of other inspections and checks. These would cover everything from hose inspections and electrical checks to our own bespoke checks that had been implemented over a period of time.

Fast forward to the current day and we service our trucks at 500 hour intervals. This has been facilitated by the extension of the oil change interval from 250 hours to 500 hours. So now, instead of the trucks coming into the workshop every 250 hours for a service and the associated inspection, they come in every 500 hours.

So, what has happened to all the inspections and maintenance tasks that were being carried out every 250 hours in the 1990’s? How have we saved a shift of downtime every 250 operating hours? Did we not need to be doing all those checks every 250 hours? In a crude sense, what most of us did was implement the results of a PMO study without realising it.

Read the full article.

 

NEW ARTICLE: Have you outgrown your perfect repairables management system?

The system was perfect. Everyone knew what to do when a component failed. Everyone knew how to determine where to send the part for repair. Everyone knew the system was available seven days a week. Everyone knew how to find out when the next repairable item was available. Everyone knew how to find out what was replaced during the last repair. The system was perfect... Then Bill left.

In the above example, the system, was, of course, a person. The person held all this information in their head. If your business is small enough, or a one-man show, you probably have a very efficient repairs management process using the best computer ever, the human brain. But for larger businesses, a system must be used to apply a business strategy. Total business costs must be balanced against business risk. Inventory levels must be optimised.

An effective repairables management system provides information and guides the user to a course of action.

It will answer questions such as:

  • Who prepares the items for dispatch?
  • How do you know if the item is to be repaired or thrown away?
  • Who raises the purchase order?
  • What is the standard for the rebuild?
  • Who is the quote for repair sent to?
  • Do you repair the item straight away or hold it for repair?
  • How many repairable items do I need to stock?
  • How do we make sure the system doesn’t order another item while one is out for repair, leading to overstocking?

So the question becomes, what do we need to do to be able to answer all these questions? Let’s start to look at each of these questions and how the cost benefit equation can be optimised.

Read the full article.

 

 

Asset Performance Management (APM) – Key implementation issues and how to avoid them

This is the second article of series of four articles that we will publish on Asset Performance Management Systems.

In our first article we noted increasing levels of interest in Asset Performance Management systems across capital intensive industries.  We discussed the typical capabilities supported by APM systems including Asset Health and Condition Monitoring, Maintenance Strategy Development, Asset Integrity Management, Defect Elimination, Modelling (Reliability and Lifecycle Cost) and finally Reliability Analytics.

We also looked at where APM systems fit within the overall ecosystem of Asset Management information systems and the types of data shared within that ecosystem.

Finally, we looked at what most businesses hope to achieve by implementing an APM systems.

As noted in the first article, at Assetivity we have supported various clients in developing and refining their APM business requirements, testing the market for suitable solutions, and then proceed to implementation.  We are also actively using client APM systems to develop and optimise equipment maintenance strategies for greenfield and brownfield assets.

In this article, we want to share with you the challenges that we have observed our clients struggle with as they have implemented their APM solutions, and share with you our thoughts on some things you might do to avoid falling for these same traps.

Read the full article.

 

Asset Performance Management (APM) – What is an Asset Performance Management system?

Over recent years, Assetivity has seen an increasing uptake of Asset Performance Management (APM) Systems in capital intensive industries.  We have supported clients to develop and refine their APM business requirements, test the market for suitable solutions, and then proceed to implementation.  We are also actively using client APM systems to develop and optimise equipment maintenance strategies for greenfield and brownfield assets.

Given the increasing interest in APM systems, we want to share with you our observations and perspectives on Asset Performance Management and will cover what Asset Performance Management Systems do, where they fit within the Asset Management information systems landscape, what businesses hope to achieve by implementing APM solutions, the most common challenge we see to successful uptake, and how to avoid them, and finally the things that you can do to ready yourself for implementation.

This is the first in a series of four articles relating to Asset Performance Management and will focus in the first three points – what is an APM system, where does it fit in the Asset Management information system landscape, and the what businesses hope to achieve through implementation.

In subsequent articles, we will explore:

  • What are the key issues we see in APM implementations, and how to avoid them;
  • The importance of driving action from insights; and
  • APM Systems – are you ready.

Read the full article

 

2019 AMPEAK Conference - Key Issues, Trends and Lessons from Australia’s Top Asset Management Professionals

Each year Assetivity takes part in AMPEAK, the Annual conference of the AM Council, Australia’s peak professional body for Asset Management. The conference is a meeting place for Asset Management professionals and facilities an exchange between a broad range of industries and decision makers.

AMPEAK received a record number of registrations this year, with over 100 speakers, running over three days at the Esplanade Hotel in Fremantle, Western Australia. The audience comprised of individuals from organisations who manage assets across the planning, acquisition, operation & maintenance, and disposal phases of the asset lifecycle. The individuals represented numerous industries such as infrastructure, finance, mining, oil & gas, defence, utilities, facilities, risk & reliability and occupational health and safety.

This year, Assetivity was represented by Sandy Dunn - Managing Director and Gary West – Associate Director, along with Senior Consultant, Stewart Kiely. 

Sandy and Gary presented the following papers, which were both extremely well received and generated a lot of discussion:

  • ‘Asset Management Strategy vs SAMP - Has ISO got it wrong?’ – Sandy Dunn
  • ‘Asset Performance Management - the promise versus reality’ – Gary West

Assetivity has put together a list of the key takeaways gained from the knowledge shared amongst Australia’s top Asset Management professionals at the 2019 conference:

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Upcoming Training Courses

Monday, 23 Sep 2019 - Friday, 27 Sep 2019
Location: Brisbane

Tuesday, 8 Oct 2019
Location: Brisbane

Wednesday, 9 Oct 2019 - Thursday, 10 Oct 2019
Location: Brisbane

Friday, 11 Oct 2019
Location: Brisbane

Monday, 14 Oct 2019 - Tuesday, 15 Oct 2019
Location: Perth

Wednesday, 16 Oct 2019
Location: Perth

Thursday, 17 Oct 2019
Location: Perth
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