11:35

13:05

August 8, 2024

MASTERCLASS: Why did Implementing Asset Performance Management (APM) Not Improve Performance or Reduce Maintenance Spend?

Vision Stage
Day 02

Still experiencing more unplanned failure than you would like, along with high maintenance costs and a short, busy, and reactive planning horizon?  

Why does having APM and Reliability Engineers not deliver on the promise of balancing risk cost and performance, transitioning the business out of a reactive cycle into a more planned and predictable operation?

Asset management has changed significantly with the advent of RCM, APM, Industry 4.0, IIoT, the acceleration of sensor capabilities and applications, ERP evolutions, mobility, and cloud deployments. However, it seems we have yet to make the transition from reactive to proactive, from disorder to order, and from uncertainty to predictability.

With all the technological advancements, the evolution of the asset management discipline, the expanded focus on reliability, and the use of APM solutions, why have we not made the advancements we would expect?

This Masterclass will explore this question and present some surprisingly simple concepts that can unlock progression and support the success of the large programs and initiatives underway in your organization.

Topics:

Speakers

William Fry
William Fry

ARMS Regional Consulting Leader

Baker Hughes

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See you there!