In heavy-equipment maintenance, digital and analytics tools are struggling to live up to their promise. Here’s how to help them pull their weight.
Asset-intensive industries—such as chemicals, oil and gas, mining, metals, manufacturing, and power generation—have been turning to new technologies in their effort to increase the reliability and availability of their equipment, while keeping maintenance costs within budget.
Using digital tools and advanced-analytics capabilities alongside traditional lean techniques, they aim to predict and prevent equipment failures, increase up-time, improve production and streamline workforce management.
When companies get all the requirements right and implement the tools correctly, the results can be truly impressive. Leading players in a variety of heavy industries have used digital tools to dramatically reduce unplanned outages while boosting maintenance-labour productivity. Higher availability and a more-efficient workforce have increased profitability up to 15% in organisations that have been successful. However, these lighthouse examples are the exception rather than rule. Many companies that have implemented digital maintenance and reliability solutions have seen little measurable impact. What makes the difference?
Adopting and integrating new techniques and methods into business processes can be daunting. It requires experienced talent that is in very short supply, strategic data infrastructure, and business analytics expertise. Many executives are uncertain about the resources required to move forward with such new techniques, and unclear about practical issues such as budget and how to transition from legacy infrastructure to a new circular economy
Digi-SAM is an online organisational maturity assessment solution to measure an organisation's readiness and capability expressed through its people, processes, data and technologies including the measurement practices that are in place to support Operational Excellence, transition to a Circular Economy and Digital Transformation. The assessment is vital to determine a baseline and offers a quantifiable framework to prioritise the focus areas and to support the transition of your organisation. By blending a unique combination of ISO 55001, Process Safety Management OSHA 1910.119, BS 8001 and Digital Transformation standards, Digi-SAM will generate a commonly shared focus to any capital expenditure for the digital transformation process. Additional standards required for your operations such as ISO 31000 (Risk Management), ISO 27001 (Information Technology) or ISO 22301 (Business continuity Management) are also available and can be added easily to the process.
This will enable companies to develop a comprehensive digital transition master plan which will help your organisation to:
Present a truly quantifiable overview of all the areas in your organisation that show a low digital maturity , allowing you to spend your digital dollar on the correct problem areas further enabling you to achieve operational excellence,
Focus on tangible benefits of digitalisation rather than technology,
Derisk current asset management practices, improving quality and operational HSE,
Capture low hanging fruit to deliver rapid ROI relating to a digital spend,
Drive innovation as part of the business strategy to digitally transform the traditional way of working in Asset Management.
· Online maturity assessment SaaS solution
· A Module based approach
· State of the art dashboarding
· A Fully auditable process
· Online training modules
· The ability to transfer of knowledge to your own internal audit teams
For more information, please drop us an email at: email@example.com
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