Using a real case study, Nicole will demonstrate the business value of modelling asset performance using Reliability, Availability & Maintainability (RAM) study techniques. RAM looks at the reliability and maintainability of equipment within a process to determine the overall predicted process availability over time. In essence, it helps organizations identify reliability and maintainability bottlenecks, validate process production capacity and increase operational confidence.
The presentation will explore how a large pipeline transportation company utilized reliability tools to secure new business and what the key findings of the analysis were that led to secure new business contracts.
APG’s Adam Grahn said: “A sound reliability program shouldn’t always be a large capital expenditure and an extensive training task. In fact, it can be the lever by which organizations improve their profitability and achieve bottom line results. For reliability efforts to be translated into financial returns, it is imperative to deploy different reliability tools and methods where they can be most effective.”
The presentation we will showcase how a simple yet innovative application of a generic RAM analysis, which can be easily adopted by any organization, said Grahn.
The presentation will take place at 16.15 on September 23. Access the MainTrain schedule.
For more information, visit www.apgassetcare.com.