Asset Performance Optimization is a sophisticated strategy for your company that seeks to maximize the value and performance of physical company's assets throughout their life cycle. This concept is at the heart of modern asset management practices, as it focuses on achieving the optimal balance between efficiency, reliability, and cost-effectiveness of asset utilization.
MaxGrip's Asset Improvement Mapping (AIM) is a methodical approach that evaluates a site’s asset performance management (APM) maturity and its potential for improvement. The AIM process typically spans four to six weeks and serves as the foundational step in optimizing asset performance. This optimization can lead to enhanced production, reduced Total Cost of Ownership, and improved Overall Equipment Effectiveness in the long run.
The AIM approach is broken down into six pragmatic steps:
1. Intake & Kick-off: This initial phase involves setting the stage for the entire process, understanding the objectives, and establishing the scope of the assessment.
2. Data & Information Collection: In this step, all relevant data and information related to the assets are gathered. This could include maintenance records, performance metrics, and other pertinent documentation.
3. Plant Walkdown & Stakeholder Interviews: A thorough inspection of the plant is conducted, and key stakeholders are interviewed to gain a comprehensive understanding of the current state of asset performance.
4. Data & Information Synthesis: The collected data and insights from the interviews are synthesized to identify patterns, challenges, and opportunities.
5. Improvement Mapping: Using a holistic framework, the dots between maintenance execution, asset reliability, and management are connected. This step assesses the three APM cycles across five areas: culture & way of working, roles & responsibilities, processes, systems & tools, and data.
6. Findings, Recommendations & Roadmap: Based on the assessment and mapping, key findings are highlighted, recommendations are made, and a pragmatic roadmap for improvement is developed.