asset intelligence | bridging the gap between corporate strategy and operational reality
DESCRIPTION
This presentation was delivered as a Masterclass by Paul Bennett, Relegen's Managing Director, at the Australian Mining Technology & Innovation Summit on 7 June 2102 in Perth, Western Australia. Synopsis Making decisions without trusted, real-world information is not an option for mining organisations in today’s globally competitive and regulatory environment. And yet, despite investment in corporate systems, most continue to take action based on problematic data – data that is incomplete or out of date. For some, this can result in breaches of security, safety or compliance, and for others, poor asset performance can lead to unplanned costs, lost productivity, and untapped opportunity. The challenge for mining executives across the board is to bridge the gap – the gap between data and assets, between corporate strategy and operational reality. In this masterclass, Paul Bennett explores how asset intelligence technology helps organisations improve the quality of data in corporate information systems and drive performance in ways that outpace traditional approaches to asset management. In particular, this session examines: • Rethinking what an asset is within in your organisation • Uncovering the missing link between data and assets • Evaluating the importance of identifying assets as globally unique • Harnessing technology to transform legacy information into data you can trust • Putting asset intelligence to work and using it to drive organisational performance. About Paul Bennett Paul Bennett is the Founder and Managing Director of Relegen Pty Ltd, a leading provider of people and technology-based solutions to Defence, government and industry for 12+ years. Paul has more than 30 years’ industry experience, including 20 years in engineering and asset management with the Australian Defence Force. Paul is the driving vision behind the development of assetDNA – Relegen’s proprietary asset intelligence technology solution.TRANSCRIPT
The following presentation was given by
Paul Bennett, Managing Directorof Relegen Pty Ltd
at the Australian Mining Technology & Innovation Summit
on June 7, 2012in Perth, Western Australia
Bridging the gap between
corporate strategy & operational reality
Asset intelligence
About Relegen
Provider of engineering
servicesFor Defence, government,
manufacturing,mining &industry
Developer of asset intelligence
technologyassetDNA – Software, mobile EAM,
asset IDs [RFID, barcode, microdots],hardware & services
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Who we work with
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Our philosophy
The future is defined by the way we manage the present
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Asset intelligence, not asset management
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Managing your assets
Mine site targets
It’s not justabout asset
managementanymore
Corporateobjectives
Governments ®ulatory bodies
The demands of theglobal economy
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The need for trusted asset data
risk
maintenance
depreciationLTI’s
safetyunplanned costs
incr
ease
d e
nerg
y c
ost
s
lost productivity
up-time
down-time
untapped opportunities
Theunknown
compliance
meeti
ng
reg
ula
tory
req
uir
em
en
ts
counterfeiting
security
opera
ting c
ost
s
dela
ys
Re-c
ycl
ing
quarantines
conformance
performance
profits
shrinkage
brand protection
serviceability
production
reven
ue
Carbonemissions
utilisation
opti
mis
ati
on
supplying demand
mis
sed t
arg
ets
agili
ty
ou
tpu
t
lon
gevit
y
duplic
ati
on
availability
react
ive
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The missing link
?
Corporate information Real-world assets
Corporate strategy Operational reality
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The holy grail
Asset
intelligence
Sensors & signals
EAM/ERP/CMMS
Engineering
Maintenance
FinanceSupply-chain
Warehouse
Distributors
Customers A single point of truth we can
trust in for better decision
making
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At an operational level
Keep the intelligenceabout the asset, with the asset
Standardised processes tooptimize productivity
Replicate best practice,quickly and easily
Enforce procedures,meet regulations,
reduce human errorBetter, more informedoperating decisions
Accurate, data-drivenaudit trails
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‘What is an asset?’
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Rethinking ‘What is an asset?’
Assets = business capability
Community Environment Infrastructure Plant & equipment
Procedures Parts & supplies Documents Evidence
Collections People Customers Natural resources
Any point of interest that is important
to your operation
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Assets are not static
• Assets have lifecycles
• Assets operate in workflows
• Assets can be re-purposed
• Assets can be recycled
• Assets have history
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Assets have relationships
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The importance of global uniqueness
• Ensures asset data integrity
• Ensures asset data quality
• Ensures consistency, anywhere, anytime, any ‘thing’
• Enables global collaboration
Ensures all intelligence about the asset, stays with the asset throughout it’s life, from cradle, through recycle, to grave.
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Asset IDs must be intelligent too
Global uniqueness
Security
Workflow
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The limitations of existing systems
Sock Co – Part #1477896
Gun Co – Part #1477896
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Mini case study: Managing weapons
Solution
Armoury inventory management system
Benefits
► Real-time view of assets in armouries & in service.
► Increased productivity for staff managing inventories
and performing audits.
► Issue weapons commensurate with training & authority.
► Improve security with proof of ownership
► Earlier detection of missing weapons.
► Full asset lifecycle is managed through the asset’s unique ID for inspection, servicing to
approved standards, repair and replacement.
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Mini case study: Standard procedures
SolutionStandardised inspection and maintenance system
at a 4km long conveyor raw coal processing facility.
Benefits► Standardised inspection procedures.
► Accurate, visual guides for maintenance.
► Capture incidents [with photo’s] and log jobs
on-the-spot.
► Trusted data passed back into the CMMS.
► Accurate tracking & reporting of person-hours.
► Full data-driven audit-trails of every action.
► Enforceable, electronic personal risk assessments.
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Mini case study: Management of PPE
Solution
Issuance and maintenance of respiratory protective
equipment at a nickel smelter.
Benefits
► Integrates with personnel management system.
► Unique IDs directly associate PPE with users.
► Only issue items commensurate with training and authority.
► Flags when fit-testing due.
► Reduction in misplaced items.
► Manages full asset lifecycle including quarantine and servicing to approved standards.
► Aids planning of PPE requirements for intensive usage periods.
RESPIRATORSMUST BE WORN
IN THIS AREAAPPROVED PERSONNEL ONLY
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Other business applications
Tracking assets on surface ships, submarines, officer’s uniforms
Armoury inventory tracking, issue & receipt of arms to customs officers
DIVEX
Issue & maintenance of diving equipment for the Australian Navy’s clearance divers
Issue, maintenance of PPE & respirator equipment at BHP Billiton, Nickel West,
Kalgoorlie
Inspection & maintenance of all assets along a 4.5km conveyor line at the
Bengalla Mining Company raw coal facility
Issue & maintenance of PPEfor the NSW Fire Brigade
Tracking & management of council leaseholds
Issue, quarantine & decontamination of PPE for government & industry
IT asset management,issue & receipt of IT equipment to staff
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Putting asset intelligence to work
• What assets are important to your operation?
• Define them uniquely
• Associate them with all the information stored about
them across your organisation
• Add new inputs for a full 360° view
• Access this intelligence from a single source of truth
Intelligence Decision ActionAssetsData
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Business outcomes
•Know what you have, depreciate all your assets.•Track full asset lifecycle to aid planning, finance and forecasting.•Increase reuse and recycling.
Reduce costs
•Standardise and enforce procedures.•Automate repeatable processes.•Replicate best practice.
Streamline operations
•Control authorised access, ensure safe operation and handling.•Issue proper functioning equipment, commensurate with training & authority.•Meet servicing standards and environmental, recycling, disposal regulations.
Improve safety & compliance
•Locate all your assets, improve asset utilisation.•Improve materials handling, automate manual processes.•Perform accurate audits, faster.
Increase productivity
•Identify assets as globally unique, track issuance & receipt.•Reduce losses due to wastage and deter theft.•Prove authenticity, protect revenues and brand from counterfeits.
Enhance security
•Improve condition monitoring, inspection, test & certification procedures.•Manage a balance between risk, cost and business benefit.•Make better operational decisions based on data you can trust.
Reduce risk
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Paul Bennett
Managing Directorwww.relegen.com | assetDNA.com
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