When is the optimal time to aging assets to replace? Should they be replaced or are there other solutions? What is the solution with the lowest life cycle cost? What will the maintenance costs be over the remainder of the life cycle? These questions have a huge impact on the life cycle cost of an asset system, but are difficult to answer.
During the presentation by Martin van den Hout of Agidens at the WoTS you will hear how you can answer these questions by combining techniques from asset management and reliability engineering in a residual life analysis. Register now for a visit to the Life Cycle Management seminar.
But there are more lectures that delve deeper into the extensive theme of Life Cycle Management. Jaap Westeneng of Endress + Hauser explains that optimum returns can be achieved primarily through collaboration. Life Cycle Management (LCM) is determined in particular by work processes. Efficiency can be increased through collaboration and organizing workshops. By extending the own work processes to the customers, the plant owner gains insight into the LCM process. Together, improvement proposals for standardization, migration and criticality are then made.
Joris van den Burg continues on behalf of Yokogawa with a plea for safe, secure and reliable assets. To manage assets safely and reliably is crucial, this can be stimulated with concrete measures or remain 'hidden under the hood'. If Life Cycle Management services are integrated, this improves availability and productivity with the certainty of a safe production process.
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