achieving world class reliability @ arc's 2011 industry forum
DESCRIPTION
Achieving World Class Reliability @ ARC's 2011 Industry Forum by Paula Hollywood. Process and Manufacturing Industries Utilize and Extensive Asset Base Majority of process company’s assets are in manufacturing •Manufacturing assets account for 75% of total assets •Raw material, energy, and conversion costs account for 65% of total expenditures •Business Performance ~ Asset Performance •Small improvements can have big impact Process and Mfg Industries are All About Assets Asset Reliability is Vital to Business PerformanceTRANSCRIPT
2© ARC Advisory Group
Priorities in Manufacturing
What is Reliability?
3© ARC Advisory Group
Process and Manufacturing Industries Utilize and Extensive Asset Base
Majority of process company’s assets are in manufacturing
•Manufacturing assets account for 75% of total assets
•Raw material, energy, and conversion costs account for 65% of total expenditures
• Business Performance ~ Asset Performance
• Small improvements can have big impact
Process and Mfg Industries are All About Assets
Asset Reliability is Vital to Business Performance
4© ARC Advisory Group
Rate the importance of the following risks to your organization
5© ARC Advisory Group
The Maintenance Spend
IndustryMaintenance Costs as
% of Total Costs
Oil & Gas Extraction 27 – 49 %
Power Generation 9 – 67 %
Mining 25 – 40 %
Food Production 25 – 40 %
Wood & Paper Products 1 – 34 %
Chemical & Petrochemical
0 – 53 %
Source: Plant Maintenance Resource Center
6© ARC Advisory Group
What are the drivers behind your reliability initiative? (Check all that apply)
7© ARC Advisory Group
What Is Reliability?
Ability of an system/asset to perform a required function under a stated set of conditions for a specific time period
The Belief that an Asset Will Operateas it Should When Required
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What is World Class Reliability?
Objectives Communicated & Understood
Defined Roles & Responsibilities
Work Planned & Scheduled
Strategic Maintenance
Continuous Improvement
LCC Analysis
Effective Asset Management
Balance Workload & Resources
Education/Training
Empowered Workers
Overall Equipment Effectiveness
Asset Information Management
Best Practice Implementation
Risk Management
Meaningful Metrics
Change Management
Work is Prioritized
It is a Culture Based on Organization’s Objectives
C-Level Commitment
Cross-functional Teams
Reliability Based Maintenance
Environmental, Health & Safety Management
Sustainability
9© ARC Advisory Group
What do you consider to be the most important factors contributing to the success of your reliability initiative? (Select top 3)
10© ARC Advisory Group
What is the single greatest area of overall improvement your reliability program has achieved for your facility? (Select one)
11© ARC Advisory Group
Thank You.For more information, contact the author at
[email protected] or visit our web pages atwww.arcweb.com