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Asset management best practices in the chemicals industry
As per some estimates, 50% of fixed costs for a typical chemicals plant are the result of continuous maintenance work. This maintenance work can be classified into three categories: reactive, preventive, and predictive.
- Asset management
- Manufacturing
- Technology
The evolution of asset management in the chemicals industry
The chemicals industry and other similar asset-intensive companies use multiple types of assets. Many of these asset types have existed for nearly a century and have been maintained in some way or the other during their respective lifecycles. Over the course of the century, however, the approach to maintenance has evolved.
- Asset management
- Manufacturing
- Technology
Enhancing your planning capabilities to enable the continuous supply chain
Effective supply chain planning encompasses multiple capabilities and parties across a network. Learn how your company can evaluate its supply chain planning landscape to connect capabilities to one version of the truth. Read the blog to learn more.
- Supply Chain
4 Breakout Benefits to Expect from Asset Performance Management
Particularly for asset-intensive companies that rely heavily on their equipment and devices, enhanced maintenance maturity is at the center of any effort to optimize operations and do more with less. By evolving their EAM solution to incorporate APM capabilities, organizations can manage and analyze the vast amounts of data and automated workflows necessary for predictive and prescriptive maintenance—and they can better understand assets, predict failures, and manage failures.
- Asset management
- Manufacturing
Fostering supply chain maturity through a shift to a digitized ecosystem in the cloud
Supply chain management strategies continue to evolve beyond traditional analog models and are maturing towards a digital ecosystem to achieve better visibility. Read the blog to learn where your company is in this evolution and how you can continue to innovate with modern cloud-based platforms that enable your company to drive the best possible outcomes across your supply chain network.
- Supply Chain
- Technology