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30 May 2017

Top 5 Reasons Why Maintenance Organizations Need to Change

May 30, 2017Blog

Maintenance is a serious business, especially for asset-intensive companies. As an example, without stringent maintenance standards, and regulatory guidelines, the rate of industrial accidents would surely rise. Without properly functioning equipment, production grinds to a staggering halt. In large asset-intensive businesses, that can translate to millions of dollars in lost income.

Asset-intensive companies spend millions of dollars each year on their EAM/CMMS system and maintaining the equipment that is the lifeblood of their business. Anything affecting the ability of that equipment to perform at peak performance wreaks havoc on the company’s bottom line. Maintenance costs a lot of money. Not maintaining equipment properly costs even more.

Whether you like it or not, the maintenance business is being forced to change. The maintenance workforce is aging and maintenance expertise is becoming harder and harder to find, and more expensive to develop. Also, the pressure is on to continually work smarter, be more productive, cut costs, and increase production. This is no easy task when it comes to maintenance, but there are solutions available to help. You can no longer rely on spreadsheets for accurate asset information and upkeep. Ultimately, change is inevitable and constant, and should be embraced in order to improve.

Over the years, we’ve had the opportunity to talk to many asset-intensive companies about the challenges that their maintenance organizations are facing. Let’s look at 5 of the top challenges realized and the reasons why current asset and maintenance practices need to change.

1. Achieving High Quality Maintenance Data

The data loaded into an EAM system needs to be accurate. Companies spend so much time (and money) collating data into spreadsheets, and then finding that the data isn’t right, or isn’t useful. The process is inherently flawed. When you are going into operations, it’s far too late to discover that your maintenance data is incomplete. Ideally, you want to know your data is of high quality before it is loaded into your EAM system. You need a way to determine the quality of the data, and identify any gaps as the data is being built.

2. Monitoring Contractors & Consultants

Because much of the asset and maintenance data that is ultimately loaded into an EAM system originates with a contractor or a consultant, many companies are at the mercy of these people during a data build or repair project. They have no way to measure the quality of the data that is delivered. They cannot tell if it is complete or accurate. Companies need a way to quickly assess the data, ideally on an ongoing basis as it is being built by contractors. When the data is inaccurate, or has gaps, wouldn’t it be great to be able to push back to the contractor immediately and have it rectified right away?

3. Enabling Data Reuse

Companies that are expanding are looking for smarter ways to do so, to lower the costs of a capital project. They need an enterprise library of common maintenance data that can be reused wherever a particular asset is used. Why reinvent the wheel every time you roll out a new facility? Companies want to make sure it is easy for people within the organization to have access to and share information that is common to multiple projects.

4. Implementing Performance Standards

Asset-intensive organizations need a way to ensure that corporate performance standards are properly implemented in their EAM systems. Because EAM solutions are designed to be transactional systems that generate work orders and facilitate maintenance operations, there is no easy way to determine if the maintenance plans for an asset conform to corporate performance standards. There is no way in an EAM system to view equipment with no associated performance standards, or to report on compliance with these standards.

5. Easily Visualizing & Editing EAM/CMMS Data

Let’s face it: changing data in an EAM system is not easy. If a maintenance worker discovers that information is wrong in the system, does he have the knowhow or permissions to update it? Not likely. Companies need to be able to visually connect spare parts to the assets they belong to so the maintenance worker can easily find the correct part information, and update it as required. Companies want to be able to copy and paste data from one asset to another that is similar or the same. They should be able to drag and drop assets into a hierarchy.

Final Remarks

It’s really quite shocking what you can’t do or see in an EAM system, isn’t it? And yet, most asset-intensive companies recognize the importance of their data enough to try and get into an EAM system. But they seem to be at a loss to find a way to use that data to their advantage.

It’s time to bring asset and maintenance data processes and techniques into the 21st century. It’s time to let the software do the work. It’s time to make your data work for you, instead of the other way around!

Learn How NRX AssetHub Can Help

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Learn about the variety of solutions NRX AssetHub can provide for your company to address each of these challenges, to supplement change for the better, and to improve maintenance and operational efficiency.

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