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Asset intelligence | Bridging the gap between corporate strategy and operational reality

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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investment in corporate systems, most continue to take action based on problematic data – data that is incomplete or out of date.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.

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Asset intelligence | Bridging the gap between corporate strategy and operational reality

  1. 1. The following presentation was given byPaul Bennett, Managing Directorof Relegen Pty Ltdat the Australian MiningTechnology & Innovation Summiton June 7, 2012in Perth, Western Australia
  2. 2. Bridging the gap betweencorporate strategy & operational realityAsset intelligence
  3. 3. About RelegenProvider ofengineeringservicesFor Defence, government,manufacturing,mining &industryDeveloper ofasset intelligencetechnologyassetDNA – Software, mobile EAM,asset IDs [RFID, barcode, microdots],hardware & services
  4. 4. Who we work with
  5. 5. Our philosophyThe future is defined by theway we manage the present
  6. 6. Asset intelligence, not asset management
  7. 7. Managing your assetsMine sitetargetsIt’s not justabout assetmanagementanymoreCorporateobjectivesGovernments &regulatory bodiesThe demands of theglobal economy
  8. 8. The need for trusted asset datariskmaintenancedepreciationLTI’ssafetyunplanned costsincreasedenergycostslost productivityup-timedown-timeuntapped opportunitiesTheunknowncompliancemeetingregulatoryrequirementscounterfeitingsecurityoperatingcostsdelaysRe-cyclingquarantinesconformanceperformanceprofitsshrinkagebrand protectionserviceabilityproductionrevenueCarbonemissionsutilisationoptimisationsupplyingdemandmissedtargetsagilityoutputlongevityduplicationavailabilityreactive
  9. 9. The missing link?Corporate information Real-world assetsCorporate strategy Operational reality
  10. 10. The holy grailAssetintelligenceSensors &signalsEAM/ERP/CMMSEngineeringMaintenanceFinanceSupply-chainWarehouseDistributorsCustomers A single pointof truth we cantrust in forbetter decisionmaking
  11. 11. At an operational levelKeep the intelligenceabout the asset, with the assetStandardised processes tooptimize productivityReplicate best practice,quickly and easilyEnforce procedures,meet regulations,reduce human errorBetter, more informedoperating decisionsAccurate, data-drivenaudit trails
  12. 12. ‘What is an asset?’
  13. 13. Rethinking ‘What is an asset?’Assets = business capabilityCommunity Environment InfrastructurePlant &equipmentProcedures Parts & supplies Documents EvidenceCollections People CustomersNaturalresourcesAny point of interest that is importantto your operation
  14. 14. Assets are not static• Assets have lifecycles• Assets operate in workflows• Assets can be re-purposed• Assets can be recycled• Assets have history
  15. 15. Assets have relationships
  16. 16. The importance of global uniqueness• Ensures asset data integrity• Ensures asset data quality• Ensures consistency, anywhere, anytime, any ‘thing’• Enables global collaborationEnsures all intelligenceabout the asset, stays withthe asset throughout it’slife, from cradle, throughrecycle, to grave.
  17. 17. Asset IDs must be intelligent tooGlobal uniquenessSecurityWorkflow
  18. 18. The limitations of existing systemsSock Co – Part #1477896Gun Co – Part #1477896
  19. 19. Mini case study: Managing weaponsSolutionArmoury inventory management systemBenefits► Real-time view of assets in armouries & in service.► Increased productivity for staff managing inventoriesand 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 toapproved standards, repair and replacement.
  20. 20. Mini case study: Standard proceduresSolutionStandardised inspection and maintenance systemat a 4km long conveyor raw coal processing facility.Benefits► Standardised inspection procedures.► Accurate, visual guides for maintenance.► Capture incidents [with photo’s] and log jobson-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.
  21. 21. Mini case study: Management of PPESolutionIssuance and maintenance of respiratory protectiveequipment 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 WORNIN THIS AREAAPPROVED PERSONNEL ONLY
  22. 22. Tracking assets on surfaceships, submarines, officer’s uniformsArmoury inventory tracking, issue &receipt of arms to customs officersDIVEXIssue & maintenance of diving equipmentfor the Australian Navy’s clearance diversIssue, maintenance of PPE & respiratorequipment at BHP Billiton, NickelWest, KalgoorlieInspection & maintenance of all assetsalong a 4.5km conveyor line at theBengalla Mining Company raw coal facilityIssue & maintenance of PPEfor the NSW Fire BrigadeTracking & management of councilleaseholdsIssue, quarantine & decontamination ofPPE for government & industryIT asset management,issue & receipt of IT equipment to staff
  23. 23. Putting asset intelligence to work• What assets are important to your operation?• Define them uniquely• Associate them with all the information stored aboutthem across your organisation• Add new inputs for a full 360 view• Access this intelligence from a single source of truthIntelligence Decision ActionAssetsData
  24. 24. 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.Streamlineoperations•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.Increaseproductivity•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
  25. 25. Paul BennettManaging Directorwww.relegen.com | assetDNA.com

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