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Strategic Insights
Overview
Manufacturing Today
Today Manufacturing Organizations in the continuous process and discrete manufacturing industry, own and operate physical assets of various designs, sizes and complexities. There is a greater need to ensure that the physical assets deliver value from their Management, in the process of achieving their business objectives.
Many organizations have moved significantly ahead toward this goal, from performing Maintenance as an activity on the Assets, to preserving and enhancing their Reliability and now to Asset Management as a comprehensive discipline, for realizing value at all phases of the asset lifecycle.
Realizing Value from Maintenance / Asset Management
A robust Maintenance/Asset Management System ensures the realization of value from the achievement of an appropriate balance of costs, risks and performance. Often this is necessary over different timescales and across the asset lifecycle.
Based on their current maturity and business context, organizations face their own challenges, of various levels, magnitude and complexity, in realization of this value in the process of meeting their Business Objectives.
The advent of Industry 4.0 and Maintenance 4.0 has further compounded the challenges for some and at the same time offer immense possibilities and opportunities for all.
Moving up the P-F Curve
Leveraging Maintenance 4.0 Technologies
The advent of Maintenance 4.0 Technologies have made it possible for Organizations to move up the P-F Curve by leveraging Maintenance 4.0 Technologies.
From being able to detect the Potential Failures through Condition Monitoring Techniques, now we’re able to not only Detect and Diagnose the Faults (Potential Failures) but also Predict the Faults at their incipient stages, even before the manifest as Potential Failure.
The Current Business Opportunities
- Look at the current ways with new eyes - Maintenance and Reliability Management System, Strategies, Business Processes, Procedures, Practices, their current Implementation & Performance.
- Lay a firm foundation for design, development and implementation of Data-driven Decision making at the organization.
- Implement integrated, end-to-end, digital business processes across functions.
- Strategy and Plan for Industry 4.0 & Maintenance 4.0 leveraging the new Technologies and reaping their benefits early. Getting the basics Right.
- The Business Transformation-People, Process, Technology aspects.
Focus Areas
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Manufacturing and Service Organizations that we serve
