SlideShare une entreprise Scribd logo

Strategies to Achieve Smart Asset Performance @ ARC's 2011 Industry Forum

•
•
ARC Advisory Group
ARC Advisory Group

Strategies to Achieve Smart Asset Performance @ ARC's 2011 Industry Forum by Wil Chin. APM Solutions Leverage Informationto Optimize Asset Availability and UtilizationWhile Balancing Operational Constraintsto Improve FinancialResults

TechnologieBusiness
1  sur  9
Strategies to Achieve Smart Asset Performance Wil Chin Research Director ARC Advisory Group wchin@ARCweb.com
2 © ARC Advisory Group What is Smart Asset Performance? -Asset Performance Management Financial Environ- ment HealthSafety Critical Issues APM Solutions Leverage Information to Optimize Asset Availability and Utilization While Balancing Operational Constraints to Improve Financial Results Utilization Availability
3 © ARC Advisory Group Asset Lifecycle Management Processes Project Performance Management (PPM) Asset Performance Management (APM) Asset & Project Portfolio Management (APPM) Handover Modification RequestsFunded Projects New Facility Requests
4 © ARC Advisory Group Sustainability Stewardship Asset Performance Optimization (Financial & Production Based KPIs) Manage Critical Issues and Operational Constraints (Industry Specific) Improve Asset Utilization Operations Improve Asset Availability Maintenance Strategic Objectives of APM Asset Information
5 © ARC Advisory Group How do you deploy an APM Strategy? •View, Decide •Apply, Measure, Improve Act •Modeling & Simulation •Un-complicate Data, Contextual Information Analyze •Rationalize, Scrub Data •Integrate Information Acquire •Audit •Strategy, Plan Objectives
6 © ARC Advisory Group APM Requires Collaborative Solutions Automation and Business Solutions Must Seamlessly Work Together Reliability Risk/Safety Historian EAM/ CMMS Mobile GIS Inventory Simulation Analytics ERP PAM CM CO2 Energy Mgmt MES APM
7 © ARC Advisory Group What are the Functional Benefits of APM? Reduce Unplanned Shutdown Increase Productivity Increase Asset Reliability Improve Safety Improve Asset Integrity Extend Asset Life Improve Overall Asset Performance
8 © ARC Advisory Group APM Information Improves… Workforce Efficiency Procurement Efficiency Inventory Management Maintenance Strategy Management of Asset Lifecycle Plant Operations Business Results
9 © ARC Advisory Group Thank You. For more information, contact the author at wchin@arcweb.com or visit our web pages at www.arcweb.com

Recommandé

Sustainable Operations through Better Asset Lifecycle Management
Sustainable Operations through Better Asset Lifecycle ManagementSustainable Operations through Better Asset Lifecycle Management
Sustainable Operations through Better Asset Lifecycle ManagementARC Advisory Group
 
Collaborative Asset Lifecycle Management Vision and Strategies
Collaborative Asset Lifecycle Management Vision and StrategiesCollaborative Asset Lifecycle Management Vision and Strategies
Collaborative Asset Lifecycle Management Vision and StrategiesARC Advisory Group
 
Strategies for Asset Performance Management @ ARC's 2011 Industry Forum
Strategies for Asset Performance Management @ ARC's 2011 Industry Forum Strategies for Asset Performance Management @ ARC's 2011 Industry Forum
Strategies for Asset Performance Management @ ARC's 2011 Industry Forum ARC Advisory Group
 
Driving Innovation, Sustainability and Performance @ ARC's 2011 Industry Forum
Driving Innovation, Sustainability and Performance @ ARC's 2011 Industry Forum Driving Innovation, Sustainability and Performance @ ARC's 2011 Industry Forum
Driving Innovation, Sustainability and Performance @ ARC's 2011 Industry Forum ARC Advisory Group
 
Three market trends drive collaborative value networks to the next level
Three market trends drive collaborative value networks to the next levelThree market trends drive collaborative value networks to the next level
Three market trends drive collaborative value networks to the next levelARC Advisory Group
 
Mobile Technologies and Supply Chain @ ARC's 2011 Industry Forum
Mobile Technologies and Supply Chain @ ARC's 2011 Industry Forum Mobile Technologies and Supply Chain @ ARC's 2011 Industry Forum
Mobile Technologies and Supply Chain @ ARC's 2011 Industry Forum ARC Advisory Group
 
Best Practices in Upstream Asset Management
Best Practices in Upstream Asset ManagementBest Practices in Upstream Asset Management
Best Practices in Upstream Asset ManagementAkachidike (AkaChi) Kanu
 
Leveraging process models across the asset lifecycle t fiske arc
Leveraging process models across the asset lifecycle t fiske arcLeveraging process models across the asset lifecycle t fiske arc
Leveraging process models across the asset lifecycle t fiske arcARC Advisory Group
 

Recommandé

Sustainable Operations through Better Asset Lifecycle Management
Sustainable Operations through Better Asset Lifecycle ManagementSustainable Operations through Better Asset Lifecycle Management
Sustainable Operations through Better Asset Lifecycle ManagementARC Advisory Group
 
Collaborative Asset Lifecycle Management Vision and Strategies
Collaborative Asset Lifecycle Management Vision and StrategiesCollaborative Asset Lifecycle Management Vision and Strategies
Collaborative Asset Lifecycle Management Vision and StrategiesARC Advisory Group
 
Strategies for Asset Performance Management @ ARC's 2011 Industry Forum
Strategies for Asset Performance Management @ ARC's 2011 Industry Forum Strategies for Asset Performance Management @ ARC's 2011 Industry Forum
Strategies for Asset Performance Management @ ARC's 2011 Industry Forum ARC Advisory Group
 
Driving Innovation, Sustainability and Performance @ ARC's 2011 Industry Forum
Driving Innovation, Sustainability and Performance @ ARC's 2011 Industry Forum Driving Innovation, Sustainability and Performance @ ARC's 2011 Industry Forum
Driving Innovation, Sustainability and Performance @ ARC's 2011 Industry Forum ARC Advisory Group
 
Three market trends drive collaborative value networks to the next level
Three market trends drive collaborative value networks to the next levelThree market trends drive collaborative value networks to the next level
Three market trends drive collaborative value networks to the next levelARC Advisory Group
 
Mobile Technologies and Supply Chain @ ARC's 2011 Industry Forum
Mobile Technologies and Supply Chain @ ARC's 2011 Industry Forum Mobile Technologies and Supply Chain @ ARC's 2011 Industry Forum
Mobile Technologies and Supply Chain @ ARC's 2011 Industry Forum ARC Advisory Group
 
Best Practices in Upstream Asset Management
Best Practices in Upstream Asset ManagementBest Practices in Upstream Asset Management
Best Practices in Upstream Asset ManagementAkachidike (AkaChi) Kanu
 
Leveraging process models across the asset lifecycle t fiske arc
Leveraging process models across the asset lifecycle t fiske arcLeveraging process models across the asset lifecycle t fiske arc
Leveraging process models across the asset lifecycle t fiske arcARC Advisory Group
 
Courage - it's in you!!
Courage - it's in you!!Courage - it's in you!!
Courage - it's in you!!Akachidike (AkaChi) Kanu
 
Asset Information Management (AIM) Presentation @ ARC's 2011 Industry Forum
Asset Information Management (AIM) Presentation @ ARC's 2011 Industry ForumAsset Information Management (AIM) Presentation @ ARC's 2011 Industry Forum
Asset Information Management (AIM) Presentation @ ARC's 2011 Industry ForumARC Advisory Group
 
Information Driven Enterprise for the Connected World
Information Driven Enterprise for the Connected WorldInformation Driven Enterprise for the Connected World
Information Driven Enterprise for the Connected WorldARC Advisory Group
 
Enterprise Mobility - Current Practices and Future Plans for Mobility Systems...
Enterprise Mobility - Current Practices and Future Plans for Mobility Systems...Enterprise Mobility - Current Practices and Future Plans for Mobility Systems...
Enterprise Mobility - Current Practices and Future Plans for Mobility Systems...ARC Advisory Group
 
Eam guide-video-2015
Eam guide-video-2015Eam guide-video-2015
Eam guide-video-2015ARC Advisory Group
 
Stork Presentation on Migration (Willem Hazenberg)
Stork Presentation on Migration (Willem Hazenberg)Stork Presentation on Migration (Willem Hazenberg)
Stork Presentation on Migration (Willem Hazenberg)ARC Advisory Group
 
Anti-counterfeiting and Brand Protection (ABP) Workshop @ ARC's 2011 Industry...
Anti-counterfeiting and Brand Protection (ABP) Workshop @ ARC's 2011 Industry...Anti-counterfeiting and Brand Protection (ABP) Workshop @ ARC's 2011 Industry...
Anti-counterfeiting and Brand Protection (ABP) Workshop @ ARC's 2011 Industry...ARC Advisory Group
 
Unit 3 integrated hse
Unit 3 integrated hseUnit 3 integrated hse
Unit 3 integrated hseMenchanical Engineering Community forum
 
HSE Management System
HSE Management SystemHSE Management System
HSE Management SystemAkachidike (AkaChi) Kanu
 
Hse presentation general rev.00 may 2014
Hse presentation general rev.00 may 2014Hse presentation general rev.00 may 2014
Hse presentation general rev.00 may 2014Fitri Ifony
 
Introduction to HSE
Introduction to HSEIntroduction to HSE
Introduction to HSEWisdom Skill Development Center LLP
 
Energy Management Strategies for Operational Excellence @ ARC's 2011 Industry...
Energy Management Strategies for Operational Excellence @ ARC's 2011 Industry...Energy Management Strategies for Operational Excellence @ ARC's 2011 Industry...
Energy Management Strategies for Operational Excellence @ ARC's 2011 Industry...ARC Advisory Group
 
Energy Management and the Evolution of Intelligent Motor Control and Drives @...
Energy Management and the Evolution of Intelligent Motor Control and Drives @...Energy Management and the Evolution of Intelligent Motor Control and Drives @...
Energy Management and the Evolution of Intelligent Motor Control and Drives @...ARC Advisory Group
 
Current Automation Purchasing Strategies Fall Short
Current Automation Purchasing Strategies Fall ShortCurrent Automation Purchasing Strategies Fall Short
Current Automation Purchasing Strategies Fall ShortARC Advisory Group
 
CPM Identified as RPM Engine at ARC Forum
CPM Identified as RPM Engine at ARC ForumCPM Identified as RPM Engine at ARC Forum
CPM Identified as RPM Engine at ARC ForumARC Advisory Group
 
Controls to CPM Connection: Are We There?
Controls to CPM Connection: Are We There?Controls to CPM Connection: Are We There?
Controls to CPM Connection: Are We There?ARC Advisory Group
 
Conoco on Path to Reliability Centered Loop Management: Enhancing ROA on the Way
Conoco on Path to Reliability Centered Loop Management: Enhancing ROA on the WayConoco on Path to Reliability Centered Loop Management: Enhancing ROA on the Way
Conoco on Path to Reliability Centered Loop Management: Enhancing ROA on the WayARC Advisory Group
 
Component Based Solutions Well Aligned with Needs of Service Logistics Providers
Component Based Solutions Well Aligned with Needs of Service Logistics ProvidersComponent Based Solutions Well Aligned with Needs of Service Logistics Providers
Component Based Solutions Well Aligned with Needs of Service Logistics ProvidersARC Advisory Group
 
Combined Fluid Power and Mechatronic Technology Optimizes Solutions
Combined Fluid Power and Mechatronic Technology Optimizes SolutionsCombined Fluid Power and Mechatronic Technology Optimizes Solutions
Combined Fluid Power and Mechatronic Technology Optimizes SolutionsARC Advisory Group
 
Closing the Gap on Digital Manufacturing
Closing the Gap on Digital ManufacturingClosing the Gap on Digital Manufacturing
Closing the Gap on Digital ManufacturingARC Advisory Group
 
Cautious Optimism Pervades Hanover Fair
Cautious Optimism Pervades Hanover FairCautious Optimism Pervades Hanover Fair
Cautious Optimism Pervades Hanover FairARC Advisory Group
 
Capital Expenditure Survey 2003
Capital Expenditure Survey 2003Capital Expenditure Survey 2003
Capital Expenditure Survey 2003ARC Advisory Group
 

Contenu connexe

En vedette

Asset Information Management (AIM) Presentation @ ARC's 2011 Industry Forum
Asset Information Management (AIM) Presentation @ ARC's 2011 Industry ForumAsset Information Management (AIM) Presentation @ ARC's 2011 Industry Forum
Asset Information Management (AIM) Presentation @ ARC's 2011 Industry ForumARC Advisory Group
 
Information Driven Enterprise for the Connected World
Information Driven Enterprise for the Connected WorldInformation Driven Enterprise for the Connected World
Information Driven Enterprise for the Connected WorldARC Advisory Group
 
Enterprise Mobility - Current Practices and Future Plans for Mobility Systems...
Enterprise Mobility - Current Practices and Future Plans for Mobility Systems...Enterprise Mobility - Current Practices and Future Plans for Mobility Systems...
Enterprise Mobility - Current Practices and Future Plans for Mobility Systems...ARC Advisory Group
 
Stork Presentation on Migration (Willem Hazenberg)
Stork Presentation on Migration (Willem Hazenberg)Stork Presentation on Migration (Willem Hazenberg)
Stork Presentation on Migration (Willem Hazenberg)ARC Advisory Group
 
Anti-counterfeiting and Brand Protection (ABP) Workshop @ ARC's 2011 Industry...
Anti-counterfeiting and Brand Protection (ABP) Workshop @ ARC's 2011 Industry...Anti-counterfeiting and Brand Protection (ABP) Workshop @ ARC's 2011 Industry...
Anti-counterfeiting and Brand Protection (ABP) Workshop @ ARC's 2011 Industry...ARC Advisory Group
 
Hse presentation general rev.00 may 2014
Hse presentation general rev.00 may 2014Hse presentation general rev.00 may 2014
Hse presentation general rev.00 may 2014Fitri Ifony
 

En vedette (11)

Courage - it's in you!!
Courage - it's in you!!Courage - it's in you!!
Courage - it's in you!!
 
Asset Information Management (AIM) Presentation @ ARC's 2011 Industry Forum
Asset Information Management (AIM) Presentation @ ARC's 2011 Industry ForumAsset Information Management (AIM) Presentation @ ARC's 2011 Industry Forum
Asset Information Management (AIM) Presentation @ ARC's 2011 Industry Forum
 
Information Driven Enterprise for the Connected World
Information Driven Enterprise for the Connected WorldInformation Driven Enterprise for the Connected World
Information Driven Enterprise for the Connected World
 
Enterprise Mobility - Current Practices and Future Plans for Mobility Systems...
Enterprise Mobility - Current Practices and Future Plans for Mobility Systems...Enterprise Mobility - Current Practices and Future Plans for Mobility Systems...
Enterprise Mobility - Current Practices and Future Plans for Mobility Systems...
 
Eam guide-video-2015
Eam guide-video-2015Eam guide-video-2015
Eam guide-video-2015
 
Stork Presentation on Migration (Willem Hazenberg)
Stork Presentation on Migration (Willem Hazenberg)Stork Presentation on Migration (Willem Hazenberg)
Stork Presentation on Migration (Willem Hazenberg)
 
Anti-counterfeiting and Brand Protection (ABP) Workshop @ ARC's 2011 Industry...
Anti-counterfeiting and Brand Protection (ABP) Workshop @ ARC's 2011 Industry...Anti-counterfeiting and Brand Protection (ABP) Workshop @ ARC's 2011 Industry...
Anti-counterfeiting and Brand Protection (ABP) Workshop @ ARC's 2011 Industry...
 
Unit 3 integrated hse
Unit 3 integrated hseUnit 3 integrated hse
Unit 3 integrated hse
 
HSE Management System
HSE Management SystemHSE Management System
HSE Management System
 
Hse presentation general rev.00 may 2014
Hse presentation general rev.00 may 2014Hse presentation general rev.00 may 2014
Hse presentation general rev.00 may 2014
 
Introduction to HSE
Introduction to HSEIntroduction to HSE
Introduction to HSE
 

Plus de ARC Advisory Group

Energy Management Strategies for Operational Excellence @ ARC's 2011 Industry...
Energy Management Strategies for Operational Excellence @ ARC's 2011 Industry...Energy Management Strategies for Operational Excellence @ ARC's 2011 Industry...
Energy Management Strategies for Operational Excellence @ ARC's 2011 Industry...ARC Advisory Group
 
Energy Management and the Evolution of Intelligent Motor Control and Drives @...
Energy Management and the Evolution of Intelligent Motor Control and Drives @...Energy Management and the Evolution of Intelligent Motor Control and Drives @...
Energy Management and the Evolution of Intelligent Motor Control and Drives @...ARC Advisory Group
 
Current Automation Purchasing Strategies Fall Short
Current Automation Purchasing Strategies Fall ShortCurrent Automation Purchasing Strategies Fall Short
Current Automation Purchasing Strategies Fall ShortARC Advisory Group
 
CPM Identified as RPM Engine at ARC Forum
CPM Identified as RPM Engine at ARC ForumCPM Identified as RPM Engine at ARC Forum
CPM Identified as RPM Engine at ARC ForumARC Advisory Group
 
Controls to CPM Connection: Are We There?
Controls to CPM Connection: Are We There?Controls to CPM Connection: Are We There?
Controls to CPM Connection: Are We There?ARC Advisory Group
 
Conoco on Path to Reliability Centered Loop Management: Enhancing ROA on the Way
Conoco on Path to Reliability Centered Loop Management: Enhancing ROA on the WayConoco on Path to Reliability Centered Loop Management: Enhancing ROA on the Way
Conoco on Path to Reliability Centered Loop Management: Enhancing ROA on the WayARC Advisory Group
 
Component Based Solutions Well Aligned with Needs of Service Logistics Providers
Component Based Solutions Well Aligned with Needs of Service Logistics ProvidersComponent Based Solutions Well Aligned with Needs of Service Logistics Providers
Component Based Solutions Well Aligned with Needs of Service Logistics ProvidersARC Advisory Group
 
Combined Fluid Power and Mechatronic Technology Optimizes Solutions
Combined Fluid Power and Mechatronic Technology Optimizes SolutionsCombined Fluid Power and Mechatronic Technology Optimizes Solutions
Combined Fluid Power and Mechatronic Technology Optimizes SolutionsARC Advisory Group
 
Closing the Gap on Digital Manufacturing
Closing the Gap on Digital ManufacturingClosing the Gap on Digital Manufacturing
Closing the Gap on Digital ManufacturingARC Advisory Group
 
Cautious Optimism Pervades Hanover Fair
Cautious Optimism Pervades Hanover FairCautious Optimism Pervades Hanover Fair
Cautious Optimism Pervades Hanover FairARC Advisory Group
 
Capital Expenditure Survey 2003
Capital Expenditure Survey 2003Capital Expenditure Survey 2003
Capital Expenditure Survey 2003ARC Advisory Group
 
Collaborative Discrete Automation Systems Define the Factory of the Future
Collaborative Discrete Automation Systems Define the Factory of the FutureCollaborative Discrete Automation Systems Define the Factory of the Future
Collaborative Discrete Automation Systems Define the Factory of the FutureARC Advisory Group
 
Business Process Unification: CMM Gets Real
Business Process Unification: CMM Gets RealBusiness Process Unification: CMM Gets Real
Business Process Unification: CMM Gets RealARC Advisory Group
 
Blackout Task Force Highlights SCADA System Woes
Blackout Task Force Highlights SCADA System WoesBlackout Task Force Highlights SCADA System Woes
Blackout Task Force Highlights SCADA System WoesARC Advisory Group
 
Biometrics Provide Strategic Business Advantage in Pharmaceutical Manufacturing
Biometrics Provide Strategic Business Advantage in Pharmaceutical ManufacturingBiometrics Provide Strategic Business Advantage in Pharmaceutical Manufacturing
Biometrics Provide Strategic Business Advantage in Pharmaceutical ManufacturingARC Advisory Group
 
Best Practices: Implement Massive SCM Projects
Best Practices: Implement Massive SCM ProjectsBest Practices: Implement Massive SCM Projects
Best Practices: Implement Massive SCM ProjectsARC Advisory Group
 
Best Practices for Microsoft-Based Plant Software Address Reliability, Cost, ...
Best Practices for Microsoft-Based Plant Software Address Reliability, Cost, ...Best Practices for Microsoft-Based Plant Software Address Reliability, Cost, ...
Best Practices for Microsoft-Based Plant Software Address Reliability, Cost, ...ARC Advisory Group
 
Best Practices for Managing Asset Information
Best Practices for Managing Asset InformationBest Practices for Managing Asset Information
Best Practices for Managing Asset InformationARC Advisory Group
 
Benchmarking Logistics Performance
Benchmarking Logistics PerformanceBenchmarking Logistics Performance
Benchmarking Logistics PerformanceARC Advisory Group
 

Plus de ARC Advisory Group (19)

Energy Management Strategies for Operational Excellence @ ARC's 2011 Industry...
Energy Management Strategies for Operational Excellence @ ARC's 2011 Industry...Energy Management Strategies for Operational Excellence @ ARC's 2011 Industry...
Energy Management Strategies for Operational Excellence @ ARC's 2011 Industry...
 
Energy Management and the Evolution of Intelligent Motor Control and Drives @...
Energy Management and the Evolution of Intelligent Motor Control and Drives @...Energy Management and the Evolution of Intelligent Motor Control and Drives @...
Energy Management and the Evolution of Intelligent Motor Control and Drives @...
 
Current Automation Purchasing Strategies Fall Short
Current Automation Purchasing Strategies Fall ShortCurrent Automation Purchasing Strategies Fall Short
Current Automation Purchasing Strategies Fall Short
 
CPM Identified as RPM Engine at ARC Forum
CPM Identified as RPM Engine at ARC ForumCPM Identified as RPM Engine at ARC Forum
CPM Identified as RPM Engine at ARC Forum
 
Controls to CPM Connection: Are We There?
Controls to CPM Connection: Are We There?Controls to CPM Connection: Are We There?
Controls to CPM Connection: Are We There?
 
Conoco on Path to Reliability Centered Loop Management: Enhancing ROA on the Way
Conoco on Path to Reliability Centered Loop Management: Enhancing ROA on the WayConoco on Path to Reliability Centered Loop Management: Enhancing ROA on the Way
Conoco on Path to Reliability Centered Loop Management: Enhancing ROA on the Way
 
Component Based Solutions Well Aligned with Needs of Service Logistics Providers
Component Based Solutions Well Aligned with Needs of Service Logistics ProvidersComponent Based Solutions Well Aligned with Needs of Service Logistics Providers
Component Based Solutions Well Aligned with Needs of Service Logistics Providers
 
Combined Fluid Power and Mechatronic Technology Optimizes Solutions
Combined Fluid Power and Mechatronic Technology Optimizes SolutionsCombined Fluid Power and Mechatronic Technology Optimizes Solutions
Combined Fluid Power and Mechatronic Technology Optimizes Solutions
 
Closing the Gap on Digital Manufacturing
Closing the Gap on Digital ManufacturingClosing the Gap on Digital Manufacturing
Closing the Gap on Digital Manufacturing
 
Cautious Optimism Pervades Hanover Fair
Cautious Optimism Pervades Hanover FairCautious Optimism Pervades Hanover Fair
Cautious Optimism Pervades Hanover Fair
 
Capital Expenditure Survey 2003
Capital Expenditure Survey 2003Capital Expenditure Survey 2003
Capital Expenditure Survey 2003
 
Collaborative Discrete Automation Systems Define the Factory of the Future
Collaborative Discrete Automation Systems Define the Factory of the FutureCollaborative Discrete Automation Systems Define the Factory of the Future
Collaborative Discrete Automation Systems Define the Factory of the Future
 
Business Process Unification: CMM Gets Real
Business Process Unification: CMM Gets RealBusiness Process Unification: CMM Gets Real
Business Process Unification: CMM Gets Real
 
Blackout Task Force Highlights SCADA System Woes
Blackout Task Force Highlights SCADA System WoesBlackout Task Force Highlights SCADA System Woes
Blackout Task Force Highlights SCADA System Woes
 
Biometrics Provide Strategic Business Advantage in Pharmaceutical Manufacturing
Biometrics Provide Strategic Business Advantage in Pharmaceutical ManufacturingBiometrics Provide Strategic Business Advantage in Pharmaceutical Manufacturing
Biometrics Provide Strategic Business Advantage in Pharmaceutical Manufacturing
 
Best Practices: Implement Massive SCM Projects
Best Practices: Implement Massive SCM ProjectsBest Practices: Implement Massive SCM Projects
Best Practices: Implement Massive SCM Projects
 
Best Practices for Microsoft-Based Plant Software Address Reliability, Cost, ...
Best Practices for Microsoft-Based Plant Software Address Reliability, Cost, ...Best Practices for Microsoft-Based Plant Software Address Reliability, Cost, ...
Best Practices for Microsoft-Based Plant Software Address Reliability, Cost, ...
 
Best Practices for Managing Asset Information
Best Practices for Managing Asset InformationBest Practices for Managing Asset Information
Best Practices for Managing Asset Information
 
Benchmarking Logistics Performance
Benchmarking Logistics PerformanceBenchmarking Logistics Performance
Benchmarking Logistics Performance
 

Dernier

Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)Mark Simos
 
Search Engine Optimization SEO PDF for 2024.pdf
Search Engine Optimization SEO PDF for 2024.pdfSearch Engine Optimization SEO PDF for 2024.pdf
Search Engine Optimization SEO PDF for 2024.pdfRankYa
 
Developer Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLDeveloper Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLScyllaDB
 
SIP trunking in Janus @ Kamailio World 2024
SIP trunking in Janus @ Kamailio World 2024SIP trunking in Janus @ Kamailio World 2024
SIP trunking in Janus @ Kamailio World 2024Lorenzo Miniero
 
What's New in Teams Calling, Meetings and Devices March 2024
What's New in Teams Calling, Meetings and Devices March 2024What's New in Teams Calling, Meetings and Devices March 2024
What's New in Teams Calling, Meetings and Devices March 2024Stephanie Beckett
 
H2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo Day
H2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo DayH2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo Day
H2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo DaySri Ambati
 
Advanced Computer Architecture – An Introduction
Advanced Computer Architecture – An IntroductionAdvanced Computer Architecture – An Introduction
Advanced Computer Architecture – An IntroductionDilum Bandara
 
CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):comworks
 
"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek Schlawack
"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek Schlawack"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek Schlawack
"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek SchlawackFwdays
 
The Ultimate Guide to Choosing WordPress Pros and Cons
The Ultimate Guide to Choosing WordPress Pros and ConsThe Ultimate Guide to Choosing WordPress Pros and Cons
The Ultimate Guide to Choosing WordPress Pros and ConsPixlogix Infotech
 
"ML in Production",Oleksandr Bagan
"ML in Production",Oleksandr Bagan"ML in Production",Oleksandr Bagan
"ML in Production",Oleksandr BaganFwdays
 
WordPress Websites for Engineers: Elevate Your Brand
WordPress Websites for Engineers: Elevate Your BrandWordPress Websites for Engineers: Elevate Your Brand
WordPress Websites for Engineers: Elevate Your Brandgvaughan
 
Hyperautomation and AI/ML: A Strategy for Digital Transformation Success.pdf
Hyperautomation and AI/ML: A Strategy for Digital Transformation Success.pdfHyperautomation and AI/ML: A Strategy for Digital Transformation Success.pdf
Hyperautomation and AI/ML: A Strategy for Digital Transformation Success.pdfPrecisely
 
Story boards and shot lists for my a level piece
Story boards and shot lists for my a level pieceStory boards and shot lists for my a level piece
Story boards and shot lists for my a level piececharlottematthew16
 
SAP Build Work Zone - Overview L2-L3.pptx
SAP Build Work Zone - Overview L2-L3.pptxSAP Build Work Zone - Overview L2-L3.pptx
SAP Build Work Zone - Overview L2-L3.pptxNavinnSomaal
 
Commit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyCommit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyAlfredo García Lavilla
 
Anypoint Exchange: It’s Not Just a Repo!
Anypoint Exchange: It’s Not Just a Repo!Anypoint Exchange: It’s Not Just a Repo!
Anypoint Exchange: It’s Not Just a Repo!Manik S Magar
 
Scanning the Internet for External Cloud Exposures via SSL Certs
Scanning the Internet for External Cloud Exposures via SSL CertsScanning the Internet for External Cloud Exposures via SSL Certs
Scanning the Internet for External Cloud Exposures via SSL CertsRizwan Syed
 
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024BookNet Canada
 
Connect Wave/ connectwave Pitch Deck Presentation
Connect Wave/ connectwave Pitch Deck PresentationConnect Wave/ connectwave Pitch Deck Presentation
Connect Wave/ connectwave Pitch Deck PresentationSlibray Presentation
 

Dernier (20)

Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
 
Search Engine Optimization SEO PDF for 2024.pdf
Search Engine Optimization SEO PDF for 2024.pdfSearch Engine Optimization SEO PDF for 2024.pdf
Search Engine Optimization SEO PDF for 2024.pdf
 
Developer Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLDeveloper Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQL
 
SIP trunking in Janus @ Kamailio World 2024
SIP trunking in Janus @ Kamailio World 2024SIP trunking in Janus @ Kamailio World 2024
SIP trunking in Janus @ Kamailio World 2024
 
What's New in Teams Calling, Meetings and Devices March 2024
What's New in Teams Calling, Meetings and Devices March 2024What's New in Teams Calling, Meetings and Devices March 2024
What's New in Teams Calling, Meetings and Devices March 2024
 
H2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo Day
H2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo DayH2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo Day
H2O.ai CEO/Founder: Sri Ambati Keynote at Wells Fargo Day
 
Advanced Computer Architecture – An Introduction
Advanced Computer Architecture – An IntroductionAdvanced Computer Architecture – An Introduction
Advanced Computer Architecture – An Introduction
 
CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):
 
"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek Schlawack
"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek Schlawack"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek Schlawack
"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek Schlawack
 
The Ultimate Guide to Choosing WordPress Pros and Cons
The Ultimate Guide to Choosing WordPress Pros and ConsThe Ultimate Guide to Choosing WordPress Pros and Cons
The Ultimate Guide to Choosing WordPress Pros and Cons
 
"ML in Production",Oleksandr Bagan
"ML in Production",Oleksandr Bagan"ML in Production",Oleksandr Bagan
"ML in Production",Oleksandr Bagan
 
WordPress Websites for Engineers: Elevate Your Brand
WordPress Websites for Engineers: Elevate Your BrandWordPress Websites for Engineers: Elevate Your Brand
WordPress Websites for Engineers: Elevate Your Brand
 
Hyperautomation and AI/ML: A Strategy for Digital Transformation Success.pdf
Hyperautomation and AI/ML: A Strategy for Digital Transformation Success.pdfHyperautomation and AI/ML: A Strategy for Digital Transformation Success.pdf
Hyperautomation and AI/ML: A Strategy for Digital Transformation Success.pdf
 
Story boards and shot lists for my a level piece
Story boards and shot lists for my a level pieceStory boards and shot lists for my a level piece
Story boards and shot lists for my a level piece
 
SAP Build Work Zone - Overview L2-L3.pptx
SAP Build Work Zone - Overview L2-L3.pptxSAP Build Work Zone - Overview L2-L3.pptx
SAP Build Work Zone - Overview L2-L3.pptx
 
Commit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyCommit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easy
 
Anypoint Exchange: It’s Not Just a Repo!
Anypoint Exchange: It’s Not Just a Repo!Anypoint Exchange: It’s Not Just a Repo!
Anypoint Exchange: It’s Not Just a Repo!
 
Scanning the Internet for External Cloud Exposures via SSL Certs
Scanning the Internet for External Cloud Exposures via SSL CertsScanning the Internet for External Cloud Exposures via SSL Certs
Scanning the Internet for External Cloud Exposures via SSL Certs
 
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: BNC CataList - Tech Forum 2024
 
Connect Wave/ connectwave Pitch Deck Presentation
Connect Wave/ connectwave Pitch Deck PresentationConnect Wave/ connectwave Pitch Deck Presentation
Connect Wave/ connectwave Pitch Deck Presentation
 

Strategies to Achieve Smart Asset Performance @ ARC's 2011 Industry Forum

  • 1. Strategies to Achieve Smart Asset Performance Wil Chin Research Director ARC Advisory Group wchin@ARCweb.com
  • 2. 2 © ARC Advisory Group What is Smart Asset Performance? -Asset Performance Management Financial Environ- ment HealthSafety Critical Issues APM Solutions Leverage Information to Optimize Asset Availability and Utilization While Balancing Operational Constraints to Improve Financial Results Utilization Availability
  • 3. 3 © ARC Advisory Group Asset Lifecycle Management Processes Project Performance Management (PPM) Asset Performance Management (APM) Asset & Project Portfolio Management (APPM) Handover Modification RequestsFunded Projects New Facility Requests
  • 4. 4 © ARC Advisory Group Sustainability Stewardship Asset Performance Optimization (Financial & Production Based KPIs) Manage Critical Issues and Operational Constraints (Industry Specific) Improve Asset Utilization Operations Improve Asset Availability Maintenance Strategic Objectives of APM Asset Information
  • 5. 5 © ARC Advisory Group How do you deploy an APM Strategy? •View, Decide •Apply, Measure, Improve Act •Modeling & Simulation •Un-complicate Data, Contextual Information Analyze •Rationalize, Scrub Data •Integrate Information Acquire •Audit •Strategy, Plan Objectives
  • 6. 6 © ARC Advisory Group APM Requires Collaborative Solutions Automation and Business Solutions Must Seamlessly Work Together Reliability Risk/Safety Historian EAM/ CMMS Mobile GIS Inventory Simulation Analytics ERP PAM CM CO2 Energy Mgmt MES APM
  • 7. 7 © ARC Advisory Group What are the Functional Benefits of APM? Reduce Unplanned Shutdown Increase Productivity Increase Asset Reliability Improve Safety Improve Asset Integrity Extend Asset Life Improve Overall Asset Performance
  • 8. 8 © ARC Advisory Group APM Information Improves… Workforce Efficiency Procurement Efficiency Inventory Management Maintenance Strategy Management of Asset Lifecycle Plant Operations Business Results
  • 9. 9 © ARC Advisory Group Thank You. For more information, contact the author at wchin@arcweb.com or visit our web pages at www.arcweb.com