Webcast highlights the top strategies for asset performance management
Asset intensive manufacturing plants have been investing heavily in asset management and maintenance over the years. While these investments have had measurable Return on Investment (ROI) over the years, the opportunity cost of not having real time visibility to assets on the factory floor can be vital in today’s global manufacturing network. Companies are faced with increasing shareholder pressure to maximize return on assets and to reduce manufacturing costs. Safety, compliance, and regulatory audits place added challenge in ensuring maintenance activities are initiated and completed in the most efficient manner possible. It is not enough that manufacturing enterprises have visibility to asset performance data and upcoming maintenance schedules. To minimize downtime and increase predictability and efficiency of maintenance operations, companies must have asset performance management (APM) capabilities linked in real time with their operational systems.
The focus of this webcast is to highlight the strategies and business process established by best-in-class companies to maximize return on assets in the midst of decreasing operational and capital budgets. These includes capabilities to leverage real-time asset data for advanced asset management initiatives in addition to having process, organizational, and knowledge management capabilities to stay ahead of the game — both in top line revenue growth opportunity and bottom line cost reductions related to asset maintenance. This webcast will highlight how companies are able to translate these savings and operational improvements to increased profitability and shareholder value by the ability to connect asset performance to corporate performance.
To register for the webcast, click here.