Up Time Magazine- February/March 2008

Advanced asset performance management and analytical capability Continuous improvement programs (and terms) in place Improve effectiveness of maintenance operations Continuous improvement initiatives for ongoing asset perfromance improvement Advanced maintenance planning and scheduling strategies 0% 10% 20% 48% 44% 36% 32% 28% 30% 40% 50% Source: Aberdeen Group September 2007 build a planning and scheduling process to accommodate work that shouldn’t exist in the first place! Within Asset Performance Management, the process begins with accurate data and the advanced analytics to identify and develop targets for improvement accurately and quickly. Data leads within the APM process; programs, tools and practice follow. B EST TOOLS for Precision Oil Sampling. The Figure 1 - Results of 2007 benchmark study “Ground Up Strategies for Asset Performance Management” are expected if full adherence to statutory, regulatory and procedural requirements cannot be demonstrated. In view of the huge number of inspections and tests required in many industries, automated tracking through an enterprise-wide APM solution with immediate notification of any out-of-specification condition or overdue test is absolutely essential. Assessing the Current Situation Developing a Plan for APM Industry leaders begin the APM improvement process by identifying and prioritizing sources of lost production, deficient (substandard) availability and excessive costs utilizing Meridium’s Reliability Analytics tools. The top-down identification of deficiencies in turn drives the selection of appropriate strategies, processes and technologies to optimally address remediation opportunities. Much as a parent selects appropriate activities to fit a child’s talents and skills, an APM improvement initiative will carefully consider and select the appropriate tools to yield benefits around specific, targeted opportunities, rather than selecting technology first on the hope that improvements will occur during implementation. Tools are selected only after improvements are identified, prioritized by potential value and an action plan is developed to exploit the opportunity. In the Reliability & Maintenance field, some will advocate beginning an improvement initiative by improving the planning and scheduling process or implementing Reliability Centered Maintenance (RCM). A strong case can be made for the opposite approach: beginning with an objective of improving reliability then identifying the defects and “bad actors” responsible for substandard performance. Only then can you choose and use the appropriate tools for implementing improvements necessary to eliminate cause. This is a far more effective approach than attempting to improve maintenance or www.uptimemagazine.com Over the years working of with global leading operating companies, Meridium has developed a considerable body of knowledge that has been codified into a comprehensive reliability program scorecard. The scorecard provides an objective basis for identifying and prioritizing improvement opportunities. It identifies gaps in best practice and the value that can be gained by implementing a comprehensive reliability improvement program. It also provides a means of certifying the performance and proficiency of ongoing reliability programs as well as the individuals responsible for results. Equally important, the assessment scorecard provides a detailed, objective list of all the elements that must be considered and prioritized for inclusion in a new reliability program or added to an existing program to gain full results and benefits. It is also important to know where an organization is in terms of maturity of all the processes needed to effectively achieve reliability of the equipment in a plant. In the Meridium Maturity Model, those processes are represented by six “domains”: business strategy, work processes, reliability improvement, technology and data, organization and people, and transformation management. Each domain has an associated corporate objective and supporting initiatives that help an organization work toward excellence in Asset Performance Management. A true representative sample is a key ﬁrst step in obtaining quality information from oil analysis. Now obtaining those samples with consistency and ease is possible using Trico’s line of precision oil sampling products. Trico has a complete line of innovative sampling supplies and accessories, including large bore and high pressure sampling ports, pitot tubes, collection bottles and vacuum pumps. Beneﬁts of Oil Sampling • Identiﬁes conditions which can be used to assist in improving equipment reliability • Recognizes conditions that affect component life • Detects required maintenance repairs • Establishes a baseline on the condition of equipment and lubricant Implementing an APM Solution Just as parents invest in education or training to improve a child’s chances of success, an investment in Asset Performance Management will yield tremendous benefits in manufacturing and across the enterprise by: • Leveraging critical asset performance data from enterprise and local sources www.tricocorp.com 800-558-7008 23 TRICO Oil Sampling_Uptime_2.93751 1 8/1/07 11:32:09 AM http://www.tricocorp.com http://www.uptimemagazine.com

Table of Contents Feed for the Digital Edition of Up Time Magazine- February/March 2008

Up Time Magazine- February/March 2008 Contents Upfront Upclose: Lessons Learned from the Walter Reed Story Information Technology: Parenting and Asset Performance Infrared: It's Alive! Lubrication: A Sense of Change Maintenance Management: PdM, Standardized Motor Testing: Being Well Connected Precision Maintenance: How to be Marketable Reliability: The Voyage of Wells Dairy Ultrasound: Two is Better Than One Vibration: Diagnosing a Cracked Shaft Upgrade: A Different Kind of Journey

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