Articles & Announcements

2.5 newsevents 307x195 Articles & AnnouncementsRead articles written by our leadership team and keep abreast of our EAM Seminar schedule.

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    Asset Criticality Ranking: An EAM Best Practices Overview

    By Bill Thompson on March 22, 2013

    GenesisSolutions continued our Enterprise Asset Management Best Practices Webinar Series in May. We hosted a webinar on Asset Criticality Ranking: A Best Practices Overview on Wednesday, May 22nd, 2013 from 11:00am - 12:00pm EDT, 10:00am - 11:00am CDT.

    A recording of the webinar is available here. If you have questions on the content, please submit a request here.

    Overview:

    The philosophy of improving the performance of critical assets is common knowledge when it comes to asset management. However, many organizations fail to fully understand the methodology behind formally ranking an asset as critical. It is very easy to deem the assets that are causing the most problems over a window of recent performance as critical as we often operate in a “what have you done for me lately” mentality. Through proper development of an Asset Criticality Ranking model, Reliability Engineering concepts can be applied to determine at what level each asset should be managed based on criticality. This is why Asset Criticality Ranking is a key component to achieving Enterprise Asset Management as it is the primary mechanism needed to prioritize improvement activities when time and resource availability are often limited. This prioritization should be applied to Continuous Improvement efforts such as PM Optimization and Capital Investments as well as to the daily management of the CMMS Workflow Process to set priority for Planning and Scheduling. This webinar presentation will demonstrate and facilitate a discussion on:

    1. The Key Principles of Asset Criticality Ranking
    2. The Requirements for Asset Criticality Ranking Execution
    3. A Discussion of the Benefits to the Organization
    4. A Discussion on the Examples of the Impact to the Overall Effectiveness of the Maintenance Team

    What the Audience will Learn:

    1. The standard approach to performing Asset Criticality Ranking
    2. The basic framework of an Asset Criticality Ranking tool
    3. Applying Asset Criticality Ranking to the CMMS
    4. Prioritizing Planning and Scheduling with Asset Criticality Ranking
    5. Prioritizing Improvement / Optimization efforts with Asset Criticality Ranking
    6. Achievable Benefit Examples as a Result of Asset Criticality Ranking Application

    Who Should Attend?

    1. Planners & Schedulers
    2. CMMS Administrators
    3. Reliability Engineers
    4. Maintenance Supervisors
    5. Maintenance Managers & Directors
    6. Asset Management Program Managers & Directors
    7. Operations Managers & Directors

    Speaker Biography:

    Quinton GoForth is the Manager of Reliability Services for GenesisSolutions, specializing in EAM System and Reliability Improvement projects. Prior to joining the Genesis team, Quinton spent the majority of his career with GAF Materials where he performed multiple operations and maintenance roles within the organization allowing him to gain a true understanding of how to incorporate reliability and operational excellence at each level as well as the importance of aligning the CMMS and other data tracking platforms with these efforts. He was responsible for the development and implementation of Reliability Centered Maintenance systems in multiple facilities. Since joining Genesis, he has assisted several BioPharma companies in identifying areas of opportunity and developing master plans for improvement in their maintenance and asset management operations. Quinton completed his B.S. in Mechanical Engineering from Michigan State University, is a Certified Maintenance and Reliability Professional (CMRP), and a Six Sigma Black Belt through Villanova University.

     

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    GenesisSolutions Named Recipient Of Distinguished 2012 Green Supply Chain Award

    By Bill Thompson on November 21, 2012

    Selected by Supply & Demand Chain Executive Magazine

    Leading asset management solution and service provider stands out for projects that enable sustainability in its customers’ supply chains.

    November 19, 2012 Ridgefield, CT - GenesisSolutions, a fully integrated global Enterprise Asset Management (EAM) service provider and IBM Business Partner and Reseller, today announced that the company has been selected by Supply & Demand Chain Executive, the executive’s user manual for successful supply and demand chain transformation, as one of this year’s recipients of the coveted Supply & Demand Chain Executive Magazine 2012 Green Supply Chain Awards, highlighting companies that stand out for their projects to incorporate sustainability objectives into their own supply chains or to enable sustainability in their customers’ supply chains.

    “Leading companies recognize that initiating sustainable practices in their supply chain processes is key towards driving their competitive edge in today’s recovering economy,” said Barry Hochfelder, Editor, Supply & Demand Chain Executive. “This has been increasingly evident over the past few years and is relatively clear with the increased number of entries we received this year for our annual green awards. Thanks to companies like GenesisSolutions, the increased adoption of green best practices and strategies will only continue to grow.”

    “Genesis is honored to be recognized by Supply & Demand Chain Executive as a Green Supply Chain Leader,” says Joe Pitman, Senior Director, Sales & Marketing for GenesisSolutions.  “Sustainability is not only key to the functionality of the supply chain, it is imperative for a healthy planet Earth and is a core focus of GenesisSolutions and our service offerings.  In fact, it is because our customers extend the lifecycle of their assets that there is significantly less waste introduced into landfills due to the untimely replacement of industrial equipment due to poor maintenance practices.”

    The 2012 Green Supply Chain Awards recognize companies making green or sustainability a core part of their supply chain strategy, and are working to achieve measurable sustainability goals within their own operations and/or supply chains, in the areas of Sourcing/Procurement, Fulfillment/Logistics, Operations, Product Lifecycle Management, and other areas of the supply chain. The awards also recognize providers of supply chain solutions and services assisting their customers in achieving measurable sustainability goals. Submissions were judged based on the clarity and content of the goals and strategy (30 percent), the extent of the steps being taken (30 percent), the impact of the results to date and projected results (30 percent), and the form and presentation of the information submitted (10 percent).

    “The goal of the ‘Supply & Demand Chain Executive Green Awards’ is to highlight a range of strategies and solutions that companies are employing to incorporate sustainability into the supply chain,” Hochfelder said. “Our readers are corporate executives and line-of-business leaders who want to know about the supply chain solution and service providers that are enabling supply chain sustainability.”

    The full listing of the 2012 Supply & Demand Chain Executive Green Supply Chain Awards recipients will be featured in the November/December 2012 issue of Supply & Demand Chain Executive magazine and online at http://www.SDCExec.com.

    About GenesisSolutions

    GenesisSolutions, an ABS Group Company, provides best-in-class maintenance and asset management to the world’s most sophisticated industrial organizations. We create operational and financial advantages for our customers by identifying and implementing measures that enhance asset reliability and increase capacity, while reducing maintenance costs and extending capital asset lifecycles. For more information, please visit www.genesissolutions.com.

    About Supply & Demand Chain Executive

    Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. Visit us on the Web at www.SDCExec.com.

    Media Contact

    • Peter Nilsson
    • 858-880-5466
    • peter@performpr.com

     

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    KPI Planning – EAM & Maximo Asset Management Best Practices – Webinar

    By Bill Thompson on August 21, 2012

    GenesisSolutions & ABS Consulting  hosted a Best Practices webinar on KPI Planning using IBM’s Maximo Asset Management software application as a data point. The webinar was completed Wednesday, September 12, 2012.

    Please click here to review the presentation file.

    Please contact GenesisSolutions to request any additional information.

    IBM Maximo Asset Management is a software application used to track lifecycle and maintenance management activities for physical assets. Industry sectors that utilize Maximo include Facilities, Life Sciences (Biotech, Medical Devices, Pharmaceuticals), Manufacturing, Oil & Gas and Power Utilities, among others. A Key Performance Indicator (KPI) is a measure or benchmark of performance for a group, organization or individual. Maximo KPIs focus on maintenance benchmarks, including Plan vs. Actual Variance, Mean Time between Failure (MTBF) and Overdue Preventative Maintenance Work Orders. This webinar will focus on the strategic planning of KPI deployment in Maximo, as minimal advance planning and implementation can provide pronounced benefits and positive results.

    What attendees will learn:

    1. What are KPIs?
    2. What are the business benefits of establishing strong KPIs?
    3. What are some industry specific best practice examples?
    4. What is the process of establishing a strong KPI strategy?

    Who should attend:

    1. Maintenance & Reliability VPs, Directors, Managers & Supervisors
    2. CMMS Program Managers, Supervisors & System Administrators
    3. EAM Program Managers

    We hope you can join us for this educational and strategic event.

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