a. Physical Asset Management

The management of physical assets including plants, equipment and buildings has become a top priority for organizations in all business, governmental and institutional sectors. Major developments have rendered past practices obsolete and costly – and even dangerous. Leading firms are turning to STI for expertise and hands-on support.

Reliability-centered Maintenance II (RCM 2)

As a licensee of Aladon, Ltd., STI offers a proven process that enables companies to optimize performance, achieve competitive advantages and enhance profitability for a significant return on investment. STI transfers the technology of RCM 2 to organizations through a systematic approach to implementation that combines comprehensive courses with client-centered consulting services. STI delivers RCM 2 solutions to clients through on-site training, public seminars, consultation, products and services that feature superior project and implementation support.

• Reliability-centered Spares (RCS)
  " We haven't used a spare in three years -- who knew it would have failed today!"

Reliability-centered Spares (RCS) minimizes risk, maximizes uptime.
The RCS process offers a structured approach to meet the needs of ever –changing maintenance and business practices. Organizations can realize significant savings through application of the methodology to critical inventory parts that are prohibitively expensive and slow moving.

RCS promotes effective spares inventory decision making – decision making that is driven by the consequence of asset failure during an “out of stock” status.

RCS integrates current maintenance practices with inventory management issues. It enables an organization to determine the required level of spare parts inventory. This decision is not based on manufacturer recommendation or subjective judgment, rather on “the reality of failure” of the asset supported by the inventory in its operating context.

Manufacturers commonly ask, “why do we keep spare parts?” Typical answers include: ”The business world would stop if we have a breakdown.” “The manufacturer tells us to.” “We inherited them as part of the commissioning package.” “The computer keeps ordering parts.”

When applied properly, RCS typically reduces inventory value 15-20 percent.

Although RCS was designed as complementary product to RCM 2, it can be used as a free-standing business solution.

Asset Criticality and Risk Assessment

Asset Criticality and Risk Assessment represents another dimension of physical asset management that can help companies optimize performance, achieve competitive advantages and enhance profitability for a significant return on investment.

This process identifies “equipment whose failure has the highest potential impact on the business goals of the company, with emphasis on the safety, health and well being of employees, the environment and the surrounding community.”

STI helps companies define and identify asset criticality and assess risk. This approach justifies the use of limited resources to mitigate that risk by:

Ø Aligning appropriate improvement processes with key assets, based on criticality and risk, to support the strategic goals of a client organization.

Ø Developing a solid “business case” that ties costs to potential benefits and bottom-line performance.

b. Performance Improvement

The right work at the right time at the right cost
Performance Improvement Enhances Quality, Service and Profitability

Reducing operating costs while improving quality and customer service is an absolute necessity in today’s competitive global marketplace.

Achieving this goal represents a formidable challenge for all organizations whether their strategic focus is on maintaining a competitive edge, ensuring corporate survival or generating increasingly higher levels of profitability.

STI professionals incorporate the concepts of the management cycle (planning, assigning, follow-up, reporting, etc.) into a systematic approach to performance improvement. They provide comprehensive training, consulting and materials that help organizations develop and implement performance management systems tailored to their specific needs.

The STI approach enables organizations to strengthen and maximize departmental performance, cost savings, quality levels, customer service, supervisory skills, organizational effectiveness and profitability.

c. Energy Management

A properly designed and installed energy management approach can save an organization 15-20 percent of its energy expenses.

With today’s high energy costs, these savings can easily translate into hundreds of thousands – if not millions of dollars – that directly impact an organization’s bottom line.

Incorporating the concepts of the management cycle (planning, assigning, follow-up, reporting, etc.) into a systematic approach to energy management, STI energy professionals help organizations develop and implement energy management systems tailored to their specific needs.