Asset Management Strategy

Creating the foundations for excellence

A realistic strategy for the execution of an optimised maintenance management regime

A standardised CMMS data set that is customised to your own business requirements and operations

A clear process for equipment “repair and spares” decisions based on risk, consequence and likelihood

A robust equipment criticality selection process that will manage risk and optimise expenditure

Unlocking efficiencies in operations through a clear and concise definition of your asset management strategy

Services offered by Add Energy:
  • CMMS/EAM Selection
  • CMMS/EAM System Migration Strategies
  • Asset and Maintenance Reference Plans
  • Maintenance Philosophy Development
  • CMMS Data Blueprint
  • Maintenance Strategy Creation
  • Repair and Sparing Philosophy/Decision Criteria Creation
  • Data Governance
  • Corrective and Preventive Maintenance Prioritisation Strategy Development
  • Equipment Criticality Assessment Process Development
  • Work Management Standards and Procedures
  • Operational Readiness Support
  • CMMS Data Analyst Manpower
  • Maintenance Consultant Strategic Advice
  • RAM Analysis
  • Training
  • Asset Life Extension Strategy
  • Decommissioning Maintenance Strategies
  • Equipment Vulnerability Analysis and Strategy development

“Tapping into expert experience to identify the most logical, streamlined and efficient asset management tactics is key to creating a productive maintenance management regime.”

Maintenance Library

Add Energy have a database of maintenance feed data that links through from the philosophy to equipment strategies to the job task. The maintenance strategies cover all major components that would be found in typical energy plants, these are built with reference to the Failure Mode Effect Analysis (FMEA) along with industry best practice.

Profi-C™

Profi-C™ is a modelling and benchmarking package which measures factors affecting productivity.

AssetVoice™

An integrated software and hardware solution which has the capacity to monitor and track stocked and installed components through their lifecycle using IoT technologies. The tagged RFID hardware, combined with Add Energy’s Asset Voice™ cloud-based software service enables stakeholders to track assets anywhere, at any time.

Learn more

Key contacts

Andrew Gardiner

Andrew Gardiner

Business Development Executive

Asset and Integrity Management

Europe

Asia Pacific

Middle East

andrew.gardiner@addenergy.no
Susan Steyn

Susan Steyn

Vice President - USA, Canada

Asset and Integrity Management

The Americas

Africa

Susan.steyn@addenergygroup.com

Get in touch

If you'd like to learn more about our range of asset and integrity management services, or want to discuss your project with us, please get in touch by completing the form below...

Asset and Integrity Management Blog

My Take on Managing the Cost of Aging Assets

04 Aug 2020

My Take on Managing the Cost of Aging Assets

Managing operational expenditure is a challenge for any asset, but as the age of an asset increases, additional challenges are introduced, and the cost of operational expenditure typically rises. These additional costs are usually driven by equipment failure, obsolescence, and lack of sufficient maintenance.

To help manage the costs of aging assets, maintenance and operational stakeholders need to consider, and invest into proven initiatives that optimise ways of working, increase equipment reliability and assure safety integrity of the facility.

5 tips for preventing unplanned downtime

24 Jul 2020

5 tips for preventing unplanned downtime

The biggest enemy of maintenance and reliability is unplanned downtime. While planned downtime is inevitable when managing a plant, unplanned downtime is often one of the largest challenges and expenses.

When production has to cease unexpectedly because of a broken part or safety issue, time needs to be urgently spent to identify the problem, fix it, and ensure there are no ancillary issues before restarting. This is highly disruptive and costly, and maintenance teams are therefore always striving to avoid unexpected failures or breakdowns. 

5 indicators of an inefficient CMMS and how to overcome them

22 Jul 2020

5 indicators of an inefficient CMMS and how to overcome them

A computerised maintenance management system (CMMS) is a critical element to efficient maintenance management. It is used to help meet production demands, reduce OPEX costs, increase profits, and minimize risk of incidents. In particular, an effective CMMS can provide better management and control of: 

A 5 step process for improving your asset performance

07 Jul 2020

A 5 step process for improving your asset performance

Continual review of your maintenance program and process is a vital practice for maintenance teams - enabling them to optimize expenditure, unlock efficiencies and enhance safety.  At Add Energy we help companies do this through our benchmarking projects, which set our clients on a path to maintenance excellence, based on industry best practice and our experience of analysing over 1,000 assets worldwide.

RFID Tracking Software, AssetVoice™ Receives Award of Excellence

29 Jun 2020

RFID Tracking Software, AssetVoice™ Receives Award of Excellence

To help companies efficiently monitor, track and analyse assets; Add Energy, the University of Salford and Innovate UK collaborated on a Knowledge Transfer Partnership (KTP) to develop an integrated solution using RFID hardware and IoT technologies. AssetVoice™ captures and manages any changes of components, throughout their lifecycle and in real time by utilising RFID tags, sensor technologies and cloud computing to automate the change management process in a simple, user-friendly, and fully customisable manner. 

How to save time and money whilst verifying assets and collecting key data

22 Jun 2020

How to save time and money whilst verifying assets and collecting key data

After 15 years of working with companies to help build asset registers and develop maintenance management programs, our team has identified a trend of inaccurate and missing asset register data, which can cause significant issues for an operating facility. Without good quality and fully populated base data, assets run the risk of: 

  • Equipment failing due to no maintenance being assigned or executed 
  • Spare parts being unavailable due to no visibility on what is required 
  • No assurance that the integrity of the equipment is being managed, which could result in an incident

Add Energy’s Maintenance Engineer, Trent Cooper, has witnessed this issue first-hand. In this blog post, he outlines the importance of plugging data gaps in your asset register, the challenges associated with traditional data collection methods, as well as a new digital way to streamline data collection and verification from source. 

How Routing your maintenance can maximise efficiency, productivity and safety

26 May 2020

How Routing your maintenance can maximise efficiency, productivity and safety

Routing maintenance is a beneficial practice for maintenance teams, allowing them to maximize efficiency, productivity and safety by grouping smaller jobs together.  

How to overcome the biggest challenges faced by Materials Management teams

21 May 2020

How to overcome the biggest challenges faced by Materials Management teams

The role of materials specialists can be challenging, especially when trying to strike the perfect balance between not only ensuring you have the inventory required to keep operations running smoothly, but also that costs and processes are continually being optimized.

Iain Wood, Add Energy’s Materials Manager, has shared the biggest challenges he has identified during his 35 years of working in the materials space, and provides actionable advice for overcoming or mitigating against them...