Add Energy AIM Blog

3 training courses designed to unlock efficiencies for your asset

11 August 2020

While training may seem like a costly and unnecessary venture right now, it will inevitably unlock ROI opportunities and savings in the long run. As new skills are learned, knowledge is enhanced and efficiencies will be gained in relation to enhanced production, reliability, HSE performance and cost optimization. 

This is especially true within the world of asset management and maintenance optimization at the moment, as there are a wealth of efficiency savings and production optimization  opportunities that can be unearthed and capitalised upon. And effective training can be the much-needed catalyst for these savings. 

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My Take on Managing the Cost of Aging Assets

4 August 2020

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.

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5 tips for preventing unplanned downtime

24 July 2020

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. 

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5 indicators of an inefficient CMMS and how to overcome them

22 July 2020

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: 

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A 5 step process for improving your asset performance

7 July 2020

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.

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RFID Tracking Software, AssetVoice™ Receives Award of Excellence

29 June 2020

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. 

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

22 June 2020

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. 

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How Routing your maintenance can maximise efficiency, productivity and safety

26 May 2020 posted in Maintenance Optimization

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

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How to overcome the biggest challenges faced by Materials Management teams

21 May 2020

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...

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How to save money and reduce risk with limited budget and resources

20 May 2020

Poor data quality and lack of completeness can have significant impacts on OPEX costs, safety and asset uptime. In relation to the financial  impacts, IBM estimates that  “bad data” costs the US economy a staggering $3.1 trillion per year. 

In almost every case of an incident on an operating asset which results in equipment downtime, production loss, personnel injuries/fatalities or environmental impacts, the cause can be linked back to an issue within the data available.

Particularly, for production assets, poor Computerized Maintenance Management System (CMMS) data can incur:

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