Use high-quality data to optimize operational efficiency
Use ISO 14224 methods in SAP S/4HANA to optimize equipment decisions, minimize risk, and increase production throughput. Quickly view corporate reliaiblity metrics, such as equipment failures versus key business objectives, drill-down to analyze problems and resolve them with objective decision-making. Use high-quality failure rate data to better manage risk, optimize preventive inspections, and reduce associated operational expenditures.
Overview
Reduce operational risk and increase production throughput and profitability
Optimize decision-making for equipment and plant operations with actionable insights from data. Use high-quality data to generate corporate views of equipment performance, drill-down to identify and analyze issues, and make informed decisions to resolve them.
Optimize preventive maintenance and inspections
Use high-quality equipment reliability data to identify equipment and component failure rates and suitability for continued service. Use that information to optimize preventive maintenance and inspection intervals, thereby minimizing operational risk and optimizing operational expenditures.
Make equipment reliability data high-quality at inception
Define data failure and maintenance data requirements, configure them in the SAP S/4HANA system, and validate field data input at the time of data entry. High-quality, digitalized data greatly increase access to information, enabling analyses of thousands of records simultaneously.
Details
Solution type
Extensions and Add-ons
Industry
Cross-Industry, Oil, Gas, and Energy, Utilities, Chemicals, Mining
Compatibility
Works with
SAP ERP
Features
Corporate visibility of bad-actor equipment with drill down to underlying issues
Use high-quality data to quickly identify high-consequence equipment failure or maintenance events, drill-down to analyze failure details, and resolve issues with informed, objective decisions.
Use the ISO 14224 taxonomy and data structure to standardize equipment data
Create an ISO 14224-compliant technical hierarchy, with equipment boundaries structurally defined. This ensures consistent interpretation by different people and standardizes data collection. Common terms and defintions are imperative for merging and analyzing data from different sources.
Define and configure reliability data specifications
Specify and administer failure data requirements and field validations. Define taxonomic structure for equipment boundaries. Define which failure effects set the breakdown indicator. Administer notification hierarchy relationship types.
Plans and pricing
All plans include:
Solution Demonstration for a limited set of customer facilities
Failure metrics demonstration: start with "the end in mind."
Technical hierarchy including the functional hierarchy, equipment installations, the classification hiearchy and characteristic data.
Failure reporting, including work initiation, work close-out, and notification classification. In addition, field validation and data aggregation processes..
Preventive maintenance condition reporting, including maintenance plans, items, object lists, maintenance calls, and call objects.
General maintenance requests and their integration with failure and preventive maintenance records.
Includes 5 Users For 5 DaysFree- Maximum contract 5 days
Failure metrics demonstration: start with "the end in mind."
Technical hierarchy including the functional hierarchy, equipment installations, the classification hiearchy and characteristic data.
Failure reporting, including work initiation, work close-out, and notification classification. In addition, field validation and data aggregation processes..
Preventive maintenance condition reporting, including maintenance plans, items, object lists, maintenance calls, and call objects.
General maintenance requests and their integration with failure and preventive maintenance records.
Includes 5 Users Enterprise Edition, One-time Pricing
Use Reliability Dynamics ISPM Pricing Worksheet to customize your solution.
Price upon requestUse Reliability Dynamics ISPM Pricing Worksheet to customize your solution.
Enterprise Edition, SaaS Pricing
Set-up is billed on an hourly rate basis, estimated at $30,000. Technical structuring is done on a fixed price basis.
Price unavailable in this region- Minimum contract 3 years
Set-up is billed on an hourly rate basis, estimated at $30,000. Technical structuring is done on a fixed price basis.
Customer reviews
Technical Information
| Solution type | Extensions and Add-ons |
| Category | Enterprise Asset Management |
| Industry | Cross-Industry, Oil, Gas, and Energy, Utilities, Chemicals, Mining |
| Works with |
SAP ERP |
The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Deployment |
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| Globalization |
Internationalized for global customers This product has been internationalized to meet the needs of global customers (e.g. the use of Unicode). |
| Operations |
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Resources
Precision Drilling Case History Excerpts (3 min)
ISPM Delivery Specification
Testimonials
Publisher
Reliability Dynamics LLC
Reliability Dynamics is an engineering and technology company specializing in equipment reliability and maintenance solutions for corporate software. The company has been in business since September 1, 2010.
