We are proud to share our significant transformation unfolding within our operational framework – Asset Performance Management (APM). APM goes beyond traditional maintenance approaches, integrating disparate systems into a unified platform that enhances decision-making and operational reliability.
APM acts as a unifying agent, aligning operational processes ensuring a seamless approach to asset management. This integration facilitates maintenance and enables comprehensive lifecycle management of our assets, guided by data and strategic insights.
APM revolves around five pivotal modules: Health, Reliability, Integrity, Strategy, and Safety. Each module targets specific facets of asset management, contributing to an overarching enhancement in performance and safety.
- Health: Monitors asset conditions ensuring optimal operation.
- Reliability: Equipped with built-in workflows for root-cause analysis and production loss analysis application, this model focuses on foreseeing potential failures and implementing preventive measures.
- Integrity: Encompassing Risk Based Inspection (RBI), Inspection Management, and Thickness Monitoring, the module aids in risk reduction, lowering inspection costs and ensuring regulatory compliance.
- Strategy: Provides a methodology to developing and managing asset strategies prioritising a risk-averse approach to conduct asset-level analysis.
- Safety: Includes hazard analysis and management of change for identification and mitigating operational risks to personnel and processes.
The Impact of APM: Pre and Post Implementation
The adoption of APM marks a significant shift from our past operational practices. Previously reactive, our current approach is proactive dealing with issues as they arise.
Implementing APM is a step toward ongoing enhancement and operational excellence, the approach revolves around leveraging technology to make informed, strategic decisions that drive the success of our business.
The transition resulted in cost savings, cultivating a culture of continuous improvement and strategic planning. As we integrate APM further into our operations, we encourage all stakeholders to embrace the system, recognise its benefits, and contribute to its continuous development. Through collaborative efforts, we can ensure that APM remains an indispensable tool in our pursuit of operational efficiency and reliability.
