ARMS Reliability has been engaged by globally diversified mining and metals company South32 to conduct a Criticality Study using a consistent process across its global sites, as well as review and develop reliability strategies for its critical assets. Asset criticality is a key variable when deciding the correct strategy to deploy to an asset and using a data-driven approach helps to focus efforts on assets that have the biggest impact on operations.
With Asset Strategy Management platform, Cordant™ Asset Strategy®, South32 will utilize generic reliability strategies across all sites and ensure the strategies are continuously kept up to date. Cordant™ Asset Strategy’s Failure Mode library will help fast track the reliability strategy review process allowing reliability engineers to review existing maintenance strategies against failure modes in the library and rapidly deploy those strategies to critical assets.
Cordant™ Asset Strategy will also enhance standardization and collaboration allowing all sites to share information and optimize reliability strategies in real-time to ensure reliability strategies are continuously improved over time.
ARMS Reliability will support South32’s Asset Management team delivering the outcomes at all sites. The first phase of the engagement is the Criticality Study to begin in July 2019, followed by the review of reliability strategies for critical assets.
“We look forward to kicking off the Criticality Study and are dedicated to boosting asset performance through improved reliability and Asset Strategy Management. ARMS Reliability CEO Jason Apps affirms, “We welcome South32 to the growing base of asset-intensive organizations using Cordant™ Asset Strategy to consistently and efficiently build, deploy, and sustain best in class reliability strategies to their entire asset base.”
