We define Engineering Asset Management as the continuous process improvement strategy for improving the availability, safety, reliability, and longevity of assets, i.e., systems, facilities, equipment, processes, and people involved.
The main principal objective of asset management is to enable an organization to meet its objectives efficiently and effectively. Effective asset management (AM) could be achieved by ensuring that all service potential of assets are appropriately used and maintained, In contrast with this, efficient AM should always seek the continuous upgrade and improvement of asset utilisation, performance and feasibility in short term and long term basis.
SmartOps has subject matter experts ready to help your organisation with practical and best practice Asset Management Engineering consultancy and solutions. We help operations improve their maintenance availability.
Our Technology Approach
Our company is agnostic to various Digital Asset Management solution that exist in the market. Where applicable, we integrate various systems such as SAP and others to achieve maximum value for the client.
Dynamic Life Cycle Costing (DLCC) is the process of forecasting, in real-time, every maintenance event for an asset to the end of its useful life including the expected future cost and performance of the asset. We ensure chosen solutions for the client allows asset managers to identify potential issues, save money and avoid costly down time while improving equipment performance. Asset Maintenance Software with capability for in-shift maintenance that dynamically links to lifecycle costing and strategy to provide an accurate lifecycle position and optimal maintenance strategies using Dynamic Life Cycle Costing (DLCC) do provide maximum value. DLCC must constantly update using actual events and real-time condition data to generate the full forward life-cycle view of an asset.
Our EAM Gap Analysis Approach
- The purpose of the Gap analysis is to explore current ineffective systems, processes, and people capabilities within the engineering/maintenance value chain.
- Identify the factors that influence an uplift in operating hours.
- Gain insights from all employees and the broader management team on how they respond to maintenance systems and process change.
- Assess the potential impact of maintenance EAP change on workplace performance and productivity.
- Analysis between the current maintenance philosophies, systems, skills, span of control vs the industry leading practices.
- Recommend effective and practical solutions to uplift maintenance capability criteria informed by the current maintenance philosophies potential resistance to change and required change management activities.
- Recommend an effective Asset Maintenance and Reliability Strategy Roadmap with detailed actions, perceived benefits (where outcomes/KPIs are measured and consistently reviewed/evaluated), cost, and scheduled sequence for progressing from the current maturity level to the next level, with the intent to progress/venture to predictive & prescriptive maintenance.
SmartOps greater project execution offering addresses the question, how do we make the execution of work predictable, streamlined, and how do we couple technology to make the process sustainable? This can be defined as a Management Operating System (MOS) and within MOS there is a subset of tools and processes for planning, executing, and reviewing (PDCA) maintenance. Our approach frames maintenance and asset management elements as interdependent elements that are designed to deliver the planned and shutdown maintenance strategies while allowing the mining and beneficiation processes to continue with minimal disruption.