Archive | Asset Management

6:10 pm
March 13, 2015
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Industry Trends: APM — Poster Child for IIoT ROI

By Dan Miklovic, Principal Analyst, LNS Research With bold market-size predictions ranging from $20B to $50B by 2020, it’s perhaps not surprising that the Internet of Things (IoT) is one of the most-talked-about technology topics these days. Carrying the potential promise of the ability to connect every device on earth, it seems, the IoT and, by extension, the […]

2:40 pm
March 12, 2015
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The Business Case For Asset Reliability

Build it by understanding how the many benefits of asset reliability affect everything the operation wants to accomplish. By Al Poling, CMRP Corporate executives and senior managers have historically held a dim view of the maintenance function. Many believe maintenance would be unnecessary if manufacturing operations were better run. Consequently, it is not uncommon to […]

11:32 am
March 12, 2015
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The Benefits of Detailed Failed-Part Analysis

Analyze your failed parts as a doctor would conduct an autopsy, and you’ll learn much about your operational effectiveness. By Cody Hostick, P.E., CMRP, Pacific Northwest National Laboratory A robust failed-part analysis of field returns is a well-recognized approach for identifying part hardening and design-improvement opportunities. Part and equipment autopsies are analogous to medical autopsies, and seek […]

9:40 pm
February 17, 2015
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Mining Gold From 21st Century Storerooms

Operating your MRO storeroom as a business unit can yield a wealth of cost-saving opportunities. Advanced technologies coupled with today’s best practices play a key role. By Jane Alexander, Managing Editor with Wally Wilson, CMRP, CPIM, Life Cycle Engineering Countless storerooms continue to rely on the same types of inventory-management practices, warehouse racking and material-handling systems that were used […]

5:20 pm
February 17, 2015
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‘Sorry: Your Part Is No Longer Available’

How do you respond when you hear that statement? Here are ways to address the unavailability of critical equipment-system components. By Jane Alexander, Managing Editor The phrase “no longer available” sends chills down the spine of even the most hardened maintenance pro. A production line goes down, and a crucial part must be replaced to […]

3:05 pm
January 13, 2015
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Why Single-Sourcing is Bad

Responding to feedback from the field, our “Contrarian View” columnist explains why narrowing your supply-chain choices is a surefire way to choke off innovation. By Heinz Bloch, P.E. When a large, West-Coast refinery decided to purchase from a single provider of mechanical seals, it experienced problems because the supplier did not have technical parity in all […]

2:35 pm
January 13, 2015
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Uptime: Asset Management — When the ‘Line of Sight’ is Broken

By Bob Williamson, Contributing Editor Consider this: New equipment was designed and purchased before maintenance and operations had been consulted. Training and documentation for the new equipment had been eliminated in the final stages of the project as a cost-saving measure. Shortly after installation, marketing launched a new product that the plant wasn’t prepared to […]

7:22 pm
November 4, 2014
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Uptime: TPM — A Foundation for Asset Management Systems, Part III

This conclusion of a three-part, special-focus “Uptime” series weaves the five basic TPM Pillars together in ways that can open the eyes and minds of those who are interested in the Asset Management journey—and help you achieve sustainable results along the way. Sadly, as discussed in Parts 1 and 2, many plants have boiled TPM […]