To maximize the contribution of production facilities in today’s environment requires a careful balance between the utilization and availability of your production assets.
In terms of availability, maintenance is the single biggest contributor, where an effective maintenance strategy can help ensure the necessary and appropriate level of availability and reliability while minimizing overall MRO costs. Together, these have a significant impact on the bottom line.
The challenges include:
- Unplanned downtime as a result of unexpected equipment failure, with the associated costs of lost production
- Excessive costs in terms of labour and parts as a result of reactive or unplanned maintenance
- Unnecessary maintenance costs and downtime resulting from preventative maintenance that is not required
- Excessive carrying costs for unnecessary maintenance and repair (MRO) inventory
IPS offers a range of solutions that address these challenges head-on, utilizing components from our comprehensive portfolio. The primary solutions include:
- Enterprise Asset Management. For organizations that are not using a world class maintenance management solution, IPS offers the Avantis product line coupled with our patented InRIM methodology, providing guaranteed implementation. We can also help you migrate your legacy CMMS to Avantis in a fully automated fashion.
- Condition Based Maintenance. This solution provides the technology and processes necessary to take the first step towards predictive and proactive maintenance, using IPS’s unique Condition Management capabilities. This solution can be applied to any of the leading EAM, CMMS or ERP solutions including SAP.
- Reliability Centered Maintenance. This offering builds on the condition based maintenance solution to move to a full reliability centered approach.
IPS also offers MRO Inventory Optimization that focuses on eliminating unnecessary spend as well as procedures for sustaining the improvements. This service can be applied to any EAM or ERP environment.
Our consulting organization includes a global practice that focuses exclusively on Asset Management, including all of the above solutions. Our subject matter experts will work with you to identify the challenges and opportunities and outline the recommended strategy, solution elements and ROI and then work with you to implement the solution.