Nexus Global was engaged by one of Asia-Pacific’s largest energy retailers to help improve their maintenance program and create a value-added reliability strategy for existing assets. Facing efficiency and reliability issues, the company needed a new strategy to better identify expected and unacceptable failures and opportunities for continuous improvement. The new strategy had to meet one key objective, reduce equipment downtime without compromising safety or contravening quality or legal obligations.
Upon hearing of the successful implementation of Strategy Optimizer™, the company’s Asset Management Leadership team selected Nexus Global as the preferred Asset Performance Management (APM) provider. To support the project, Nexus Global proposed to conduct a pilot study using Strategy Optimizer™ to optimize the PM program of a select group of assets at one of the client's hydropower generating stations.
The pilot study would deliver a revised maintenance strategy with recommendations to increase overall equipment effectiveness (OEE) and reduce unplanned stoppages. As an outcome of the project, the company provided maintenance and operation teams with a complete profile of maintenance strategies based on criticality and failure mode mitigation. Thus, allowing for the implementation of a unified reliability strategy to improve the existing PM program and avoid downtime.
Download the case study to see how the pilot study served as a result-driven proof of concept of how Strategy Optimizer would enhance maintenance review times, achieve greater resource allocation, and ultimately improve the bottom line by reducing manageable failures. View the news release here.
"Nexus Global facilitated a great workshop. Feedback from the pilot showed Strategy Optimizer is better than any of the tools we currently use. Everyone saw value in continuing to use it across our business."
General Manager of Hydropower Plant, Client Site