Asset Strategy Management
Overview
This modern approach of analysis and data collection helps companies in developing new techniques resulting in greater efficiency, less unplanned downtime, improved safety, less operational risk, better yields, and increased flexibility of production. This single APM source allows easy understanding of asset condition to both the management as well as the maintenance team. With the help of an APM solution, you can not only optimize your delivery but also cut down on unnecessary scheduled maintenance as well as unplanned downtime.
Risk-Based Inspection
- Improved knowledge of equipment which may carry a potential risk.
- Increased process and equipment safety.
- Cost optimization through swapping to non-repetitive inspection techniques.
- Option to extend run lengths where applicable national regulations permit it.
- Increased teamwork during the implementation process.
Failure Mode Effect Analysis
Failure Mode Effect Analysis is part of the Criticality Analysis which indicates the possibility of equipment failure and assesses the impact of these failures. This analysis provides the data on each failure risk and its criticality which helps in prioritizing the corrective measures to be taken in order to mitigate the problems which may occur. While performing FMEA, certain factors which are analyzed with special focus are:
- Design
- Process
- Functional
Reliability Centered Maintenance
At iOG Solutions, we help our clients understanding their assets and the risks associated with it. Reliability Centered Maintenance involves analyzing the assets from the perspective of their criticality and associated downtime. After inspecting all such assets, an optimum maintenance strategy is formulated and planned for implementation to mitigate the related hazards in the plants.
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