Blogs

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.

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.

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.

Companies running their businesses with on-premises solutions should seriously consider moving to the cloud to benefit from automation, scalability for growth, improved security to mitigate threats, agility to respond to changing customer needs, and the ability to quickly adopt new innovations to stay ahead of competitors.

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.

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.

With an avalanche of operating data from multiple sources, there are many opportunities to take another step up into predictive and preventive maintenance. APM is the tool that allows you to make sense of the data, develop a more profound understanding of your assets, predict and prevent failures, improve failure management, improve budgeting and cost control—all without having to install, then try to manage and maintain multiple software operations.

Industry 4.0 addresses the challenges of the modern world with autonomous systems, smart technology, machine learning, and an agile operations model. Manufacturers looking to gain a competitive edge and create a more resilient infrastructure have begun adopting the doctrine of Industry 4.0 in tandem with upgrades of their maintenance efforts that embrace the human side of technology and empower employees to reach new levels of productivity.

The traditional lines between plan, execute, and sense have blurred and now occur simultaneously. Is your supply chain adopting the necessary tools to respond to events in real-time? Read the blog to learn more.