These days, everyone is trying to squeeze the most out of their assets by pushing them to their limit to help maximize profits. The problem, however, is that by postponing your reliability and maintenance programs, you run the risk of unplanned downtime. Not only does this interfere with operations, unplanned downtime can cost up to US $1M per day for each day your plant is shut down, not to mention the additional expensive, unplanned repairs that do not fix the root cause of the real issues. The goal of Solomon’s International Study of Plant Reliability and Maintenance Effectiveness (RAM Study) is to review the operational and financial data of your program to pinpoint the trouble spots, helping you develop the best reliability and maintenance strategy; one that keeps your facility operational a higher percentage of the time with the most optimal use of resources.
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Using a database of more than 7,000 process units, we measure your maintenance and reliability program effectiveness with a goal to discover the causal factors that impact poor performance in specific areas.
Benefits of the RAM Study analysis include:
- Exploring outage and cost factors in detail to optimize your operations and promote reliability
- Identifying problem equipment types and abnormal man-hour and spares requirements
- Optimizing maintenance effectiveness (minimize the sum of lost output and cost due to unreliability) thus minimizing life cycle cost in the short, medium, and long term
- Understanding and prioritizing where you need to improve so you can effectively manage resources and plan improvements across a wide range of unit areas
- Increasing your profitability and competitive position by creating the most optimal maintenance effectiveness program for your plants
