Asset Performance Management enables the organisation to understand the relationships between the costs of asset integrity, serviceability, process compliance and cost efficiency.
 
 

These Case Studies demonstrate all four of these functionalities in bringing to management the ability to deliver production at minimum compliance levels and the most cost effective combination on operating cost and asset degradation.

Asset Integrity is the way that the Oil industry uses APM to run a production pipeline at the optimum rate without causing excess capital cost by degrading the asset through corrosion or sand erosion. This isn't a question of avoiding the degradation, it is about achieving the best financial result, trading degradation for production where appropriate.

Asset Serviceability is the way in which APM helps supermarkets to understand the most cost effective way of maintaining refrigeration resource. The same functionality is used to manage underground pumps in oil wells. This enables engineers to understand when the performance of equipment is deteriorating and give them a chance to intervene before it breaks.

Process cost efficiency is the way that APM is used in the water industry to manage the cost performance of its' assets. Cost per mega litre is the measure they use to decide where management should intervene, and how.

Process Compliance is a critical measure in Oil and Gas where leakages of pollution effect the environment, in refrigeration where the failure of temperature control means that food has to be discarded and in water where public health and safety is of paramount importance. In all cases the maintenance of control levels at the minimum of either chemical dosing or power consumption is critical to the success of the process, and in lots of cases the maintenance of an HSE licence to operate.

 


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