softworx enterprise asset management 101 - presentation template
TRANSCRIPT
Your Company Name hereReturn on assets
Maximising
A strategy to drive down costs, improving profitability
Return on Assets rests on:
Streamlining our asset-related
process
Making better strategic asset-
related decisions
Sweating our assets better
EAM can also:
Optimize sustainability and
frugal energy consumption
Facilitate a shiftto preventive
maintenance for minimal downtime
Consistently help us comply with
all industry regulations
So where are we now?
What does our Overall Operating Efficiency (OEE) looklike at present?
(OEE = % availability x % capacity x % quality)
So where are we now?
What does our Overall Operating Efficiency (OEE) looklike at present?
(OEE = % availability x % capacity x % quality)
Run to fail. Work on equipment only when it fails.
So where are we now?
What does our Overall Operating Efficiency (OEE) looklike at present?
(OEE = % availability x % capacity x % quality)
Recognize that maintenance strategies could be improved, so have spares available when failures occur.
So where are we now?
What does our Overall Operating Efficiency (OEE) looklike at present?
(OEE = % availability x % capacity x % quality)
Use routine inspections, lubrications, adjustments,and minor services to improve equipment efficiency.
So where are we now?
What does our Overall Operating Efficiency (OEE) looklike at present?
(OEE = % availability x % capacity x % quality)
Utilise specific techniques to monitor condition of equipment, allowing for proactive replacement and problem solving instead of failures.
So where are we now?
What does our Overall Operating Efficiency (OEE) looklike at present?
(OEE = % availability x % capacity x % quality)
Combine prior techniques with operator involvement & automation to free maintenance technicians to concentrate on repair data analysis and major maintenance activities.
What can we expect?
Independent research* into companies that had implemented a leading EAM system, showed these results:
*Based on independent research commissioned on a range of companies which had implemented Infor EAM.
Let’s bring these statistics alittle closer to home
Influence of Overall Equipment Effectiveness (OEE) on earning power
(OEE = % availability x % capacity x % quality) Prices in kUSD
8760
Planned hours
50
Max prod/h
77.0&
Availability
85.7%
Performance
91.0%
Quality yield
438 000
Theoretical prod/year
60.0%
OEE
0.600
Price/unit
0.416
Variable cost/unit
263 019
Actual prod/year
0.250
Contribution margin/unit
9469
Direct maintenance
costs
15 000
Depreciation
30 000
Other fixed costs
65 755
Contribution margin/year
54 469
Fixed costs/year
150 000
Fixed assets
15 781
NOWC
157 811
Revenues
157 811
Revenues
165 781
Capital employed
7.15%
Profitability
0.95
Capitalturnover rate
11 286
Profit
6.81%
ROCE
The earning power of aplant under someassumptions
It’s a great idea, but…
Implementation will be a nightmare.
It’s too expensive.
It’s too complicated.
It won’t integrate with our other systems.
It’s too much too soon.
Implementation will be a nightmare.
EAM implementation can be fast and relatively painless, particularly with those EAM systems which
allow us to implement in tranches, as we see fit.
It’s too expensive
Some EAM systems charge per asset, which could be prohibitive for an asset-heavy company such as ours. Other EAM systems however, charge per user, with
an unlimited number of assets tracked.
It’s too complicated
Most leading EAM systems have been designed to be used by entry-level data capturers,
allowing everyone from shop steward to finance manager to participate.
It won’t integrate
Most EAM market leaders use a universal platform that allows them to be easily integrated into any
other IT systems we currently have.
It’s too much too soon
Although EAM systems offer a diverse range of features, we can start with the simplest benefits and
introduce other features as and when we need to.
So what kind of benefits could we really expect from EAM?
Cost savings realised should significantly outweigh EAMsystem investment
A flexible & configurable solution used by an array of usergroups within our company
Better support and dynamic notifications for all types of facilities, equipment and assets
Mobile device options including Apple/Android/Windows Mobile
Reliability Planning & Analysis available for improved uptime
Energy & Sustainability reports to further improve efficiency and reduce costs
Open architecture to support our integration needs