World class operational success and profits need an Enterprise Asset Management (EAM) system built to deliver world class reliability and asset productivity
Fix your top-down EAM system to deliver world class reliable operating assets with bottom-up, reliability-creating Plant Wellness Way EAM
CEO’s, Executives and Managers make their company’s plant and equipment world class reliable by building an Enterprise Asset Management system that ensures lasting asset health, lifetime component wellness, and guarantees maximum production uptime. It’s your Enterprise Asset Management system that controls your asset performance. The best EAM systems deliver exceptional uptime for the least maintenance and operating costs—thereby guaranteeing utmost asset productivity and new operating fortunes.
CEO’s and Executives get world class operating plant and equipment reliability by stewarding your organization’s operating assets to continuous operating health and well-being. They get world class asset reliability by ensuring their EAM system is designed and built bottom-up for world class operational success.
EAM systems are complex and they will fail to get world class performance until they are designed, built, and installed as an integrated, holistic, life-cycle system-of-reliability. If you asked us to turn your EAM system into a system-of-reliability designed and built for maintenance, reliability and operational excellence, we would use the Plant Wellness Way EAM methodology.
Plant Wellness Way EAM methodology re-engineers your EAM system to ensure utmost reliability, maintenance, and operational success. Every CEO and Executive Team can now get their operating assets to world class reliability and realize new operating fortunes with PWWEAM solutions.
How to Re-engineer Your Enterprise Asset Management System for Utmost Success and Profit
There are many models used to describe an EAM system, several of them are shown below. Figures 1 to 7 are examples of enterprise asset management models available to companies to use in designing and developing their EAM system.
How well a model will work for your organisation depends on the nature of the organisation and its situation. It may be necessary to modify elements of a chosen model to better meet the needs of your organisation, but they all have a common problem: they are all designed from a Top-Down perspective. Meaning, Senior Management sets the EAM Policy and then hope the EAM System is somehow designed and implemented to achieve the Policy.
A Top-Down approach has no way to guarantee operational success. That problem is now solved by using the Plant Wellness Way EAM bottom-up methodology to guarantee world class asset reliability.
Figure 1 – IAM Anatomy EAM System Model
Figure 2 – Optimization Stairway EAM System Model
Figure 3 – AMC Life Cycle Phases EAM System Model
Figure 4 – Organization Goals Focused EAM System Model
Figure 5 – Stable Domains EAM System Model
Figure 6 – Work Management Pyramid EAM System Model
Figure 7 – Integrated Dependencies EAM System Model
The good thing is that this makes it very easy and simple to observe whether a company’s EAM model, and the resulting EAM system designed on the model, achieve the aims of organisational success and profitability. You simply look at the organization’s operating history to confirm the presence of world class production success and profits. Unless an operation is already getting maximum operating asset performance and profitability today, right now, then something is wrong with their EAM system, and consequently something is missing in their EAM model.
EAM systems are developed with the intention to generate optimal operating asset performance and profits. That means the true measure of EAM success is the size of your operating profits. When physical assets in a company cannot get world class reliability, the EAM system is not delivering the utmost success and profits from the plant and equipment. That problem is now eliminated forever with the invention of the Plant Wellness Way EAM methodology.
Figure 8 is the newest of the EAM models, named the Plant Wellness Way (PWW). This EAM model is a bottom-up design. Its purpose and role is not to replace current EAM models, but to complement them, so that current EAM models will deliver world class operating assets. PWW EAM methodology identifies all the necessary details missing from an EAM system that operating assets need for outstanding lifetime reliability. PWW finds and puts all the missing content into your EAM system so it delivers world class reliable plant and equipment. You consequentially get large rises in operating profits from your now outstandingly healthy and highly productive assets.
Figure 8 – Plant Wellness Way Stress-to-Process EAM Model
When the two EAM system methodologies are combined—top-down EAM with bottom-up EAM—you arrive at the model in Figure 9. It shows how the Plant Wellness Way supports and complements all existing EAM models. When both are used together—your current EAM system supplemented with PWW—your company optimizes its asset management system, processes, and practices for operational excellence performance and profits.
Figure 9 – Operational Excellence Success with Plant Wellness Way EAM Methodology
Top-down Enterprise Asset Management models and systems proliferate the business world. Alone, they are unsuccessful at delivering the world class operating asset reliability needed for operational excellence. But merged with the bottom-up Plant Wellness Way EAM methodology, the two together address all the needs for reaching world class operating asset success.
The message to stress is that CEO’s and Executives have a new solution to get optimal performance and profits from their plant and equipment: add Plant Wellness Way EAM methodology and optimize the asset management system to deliver world class reliability. Senior Managers can now re-engineer their EAM system for maximum performance and profits. They can allocate resources and support to operational improvement, certain that the new answers put into their EAM system will bring lifetime reliability to their operating assets. They can be confident that the business results from integrating the PWW EAM methodology into their existing EAM system will appear in the coming months as new, rising operating profits. Those profits will continue to grow and grow is size during the years ahead, as their company, and the people in it, become world class enterprise asset managers.
The Industrial and Manufacturing Wellness book fully explains how to use Plant Wellness Way EAM methodology. The book has extensive information, all the necessary templates, and useful examples of how to design and build your own Plant Wellness Way EAM system-of-reliability. You can buy the book from its publisher, Industrial Press, and also from Amazon Books.
If you have any questions about this slide, please send us an email using the head office email address listed at the Lifetime Reliability Solutions website Contact Us page.
All the very best to you and your organization,
Lifetime Reliability Solutions HQ