Forget the one size fits all model of asset management. Operational Sustainability® (OS) can develop and implement overall Asset Performance Management (APM) solutions customized to your needs. From Asset Strategy Management (ASM) to Asset Health, Reliability Centered Maintenance (RCM), Risk-Based Inspection (RBI), and Integrity Operating Windows (IOWs) – we have the Asset Lifecycle Management (ALM) solution you need to manage your fleet. Explore the elements of comprehensive, integrated, holistic enterprise asset management.
Asset Management / Work Management
Work management is focused on efficient execution of work. Traditional work management is all about the work order, but OS can help you develop your Enterprise Asset Management process to take a holistic approach through integration with other work processes such as management of change, work permitting, inspection findings, worker competency, root cause analysis and more.
Asset Management / Work Management with OESuite®
Asset Performance Management / Asset Strategy Management
Best-in-class asset management strategies incorporate cost, reliability, asset integrity, EHS compliance, process safety, energy consumption and production into an integrated model… driving better asset strategies at the equipment level. That is what happens within the new APM framework developed by OS that improves asset performance, reduces risk, enhances compliance assurance, and minimizes production losses. This expanded view of APM and ASM addresses process safety, human performance, and asset information management to deliver top and bottom line results.
Asset Strategy Management (ASM) is your foundation for developing optimal asset strategies, which determine how your assets will perform over time. A comprehensive asset strategy software solution, like OESuite®, employs an Asset Strategy Library (ASL) featuring a central repository of strategies available to be assigned to each asset depending on its criticality. Criticality can be determined using an incorporated risk matrix, ensuring your consequence of failures are categorized properly, to optimize asset strategies.
Comprehensive asset strategies can be implemented in your execution system of choice, such as a Computerized Maintenance Management System (CMMS), to generate periodic maintenance, testing, and inspection tasks. The results of inspections, operator rounds, maintenance actions, and condition monitoring can be fed into the ASM system to improve the effectiveness of the strategies.
Having a single source of truth with interoperable modules makes the execution more efficient. As market conditions and plant alignment changes, a best-in-class asset strategy enables comprehensive interoperability with supporting processes to drive efficient and effective execution at every operational level. OS delivers Operational Discipline as an outcome of an asset strategy through the greater interoperability enabled in OESuite®.
Trust our experienced experts to help you design and implement new APM processes to incorporate this more holistic approach. The reliability-based strategies, mechanical integrity, and failure elimination of APM processes and overall Asset Strategy Management (ASM) are strengthened when human performance, conduct of operations and process safety are simultaneously addressed from a foundation of shared data elements and an integrated approach.
From helping you optimize your management systems, getting buy-in from your culture, to digitizing your work processes, OS offers solutions.
Asset Health Monitoring
The OESuite® Asset Health module synthesizes valuable asset data sources into actionable intelligence for asset repair or replacement through a clear dashboard – putting you in the cockpit for reliable operations. Real-time data from your sensors, historians, operator rounds, work orders, and inspection reports will give you a comprehensive view of asset performance in a highly visual dashboard.
With an integrated Asset Health view, you can:
- Gain insight into elevated risks
- Ensure appropriate personnel are alerted when necessary
- Place bad actors on an asset watch list
- Control your risks more effectively
- Reach optimum performance with every asset
Choose your specific types of assets from the library of Asset Health indicators to accelerate the journey. Asset Health may contribute to refining the asset strategies by measuring actual conditions and identifying early signs of deterioration.
OESuite® Business Benefits for Asset Performance Management