The ever changing scenario of global competition and technological advancement gives incessant pressure and poses major challenges for the maintenance department, whose main objective is to provide safe and secure, continuous operation at highly demanding levels.
The health of your assets and equipment has considerable impact on the productivity and efficiency of your plant and consequently determines the efficiency of your factory.
Companies have tight capital budgets as the main force driving a focus on asset management. Manufacturing companies are still operating in an economic recovery. Besides reduced capital budgets, also reduced operational budgets and rising material costs are pressures.
The ultimate goal of any successful asset management program is to extend the life cycle and maximize efficiency of all assets. Therefore it comes to no surprise that there is a lot of pressure to maximize Return on Assets. There is a constant battle in manufacturing to get the most out of the current asset base and the subsequent aging of the asset. Process manufactures are challenged in balancing these two pressures because while every manufacturer wants to maximize the asset utilization, they can’t do it at the sacrifice of the safety of employees, processes and the quality of their products.
Dynamics Software offers proven solutions for Process Industries which include: