The NRX Blog
ISO 5500X Series Breakdown
Last week our blog focused on the overview of ISO 5500X series. This week we’ll go more in-depth on the 3 standards that make up the series. To give a quick recap of what ISO 5500X is, it guides companies on how to merge asset management, corporate financial and...
The ISO 5500X Series
How do you maximize asset life and improve service quality while balancing costs, risks, and compliance? ISO 5500X compliance series holds the answer. It provides a roadmap for taking control of your asset management operation and creating value on a sustainable...
Investing in your data for the long road
Companies in asset-intensive industries, such as utilities, oil and gas, airlines, industrials, and automotive, can spend hundreds of millions of dollars annually to ensure that their major assets are functioning and providing the level of service needed to execute...
Is Data Standardization the Holy Grail You’re Looking For?
Picture this, you have several facilities across the country and possibly even across the globe. Each facility has its own unique data reporting standards and asset hierarchy structures. None of these facilities report data correctly, and the data is riddled with...
The Importance of Industry Standards
Standardized work is one of the most powerful but least-used tools in many industries. Knowing the importance of certain processes and taking steps to identify the best practices are vital in a successful business. Communication with all your workers, that this has...
Improve Productivity and Safety with Checklists
Highly skilled, busy people forget basic, key tasks and don’t even realize it. Just think of the productivity improvement potential that any business could have. Even the best trained, most capable people cannot possibly remember everything. One simple solution is...
Essential Steps to Prepare for IIoT
As organizations recognize the significance of asset maintenance and its impact, companies are increasingly incorporating it in their strategic initiatives. Better and effective maintenance strategies help improve operational efficiency, prevent equipment downtime,...
Solve Complex Maintenance Processes with a Simple SAP Notification
While it is a necessary component of their day-to-day responsibilities, most maintenance technicians loathe data entry. Completing detailed, accurate, and timely notifications, work orders, and work order close-outs in their EAM system rarely ranks as a top priority....
A Stitch in Time Saves Nine (Million Dollars)
They say that the two happiest days of a man’s life are the day he buys his first boat, and the day he sells it. The intention is to spend days and weekends on the water, fishing, and taking in the sun, but in reality, boating is a very expensive hobby. There is the...
Improving spare parts management
Practical spare parts management is the foundation for a reliable plant operation and is a crucial step to the success of your business. You need to know how to determine which spare parts are needed in order to make up an effective and in-depth inventory system....