While a majority of companies have yet to fully adopt predictive maintenance (PdM) as their maintenance strategy, those that have sometimes struggle to see a lasting positive impact on the bottom line. Maintenance organizations find that operational management views their activities as a cost center to be minimized instead of an opportunity to drive Operational Excellence.
LNS Research asset performance management (APM) 4.0 framework is a holistic approach to asset operations that balances maintenance performance with overall economic performance. It uses a combination of technologies that allow plant operations professionals to evaluate prescriptive options to decide how to best operate and maintain assets.
Read this ebook to learn:
- APM 4.0 framework
- Key elements of APM 4.0
- How digital technology has changed manufacturing and asset-intensive industries
- How does APM 4.0 enable better business performance
- Steps to implement APM 4.0