Industry 4.0 technologies are cool, but today, more than 50% of asset-intensive companies are still more than 50% reactive when maintaining their production assets.

As stated in the Mainstream’s State of Asset management 2024 report: “Before any new tech or continuous improvement programs are even considered, good work management fundamentals need understanding and adherence”. This presentation is about getting back to the basics by establishing a sustainable planned work culture in today’s Industry 4.0 Era.

This presentation covers the fundamental elements required establish a sustainable planned work culture, centered around an efficient multi-week rolling schedule process using Industry 4.0 Digital Technologies, which must be explicitly designed to ensure that the People are playing their role flawlessly to get full value from best practices Processes in place.

• Asset data and reliability strategy
• IPSPEC Planned maintenance work execution cycle.
• Implementing an effective multi-week scheduling process using Industry 4.0 technologies with a dedicated focus on minimizing equipment failure risks
• Resolving the ‘Everything is Urgent’ production syndrome and having Maintenance and Operations work as a single team with the common goal of maximizing production output.
• Implementing a change management and long-term sustainment program to provide permanent value.
• Measuring and sustaining the value across the organization.

Some of the key take-aways include;

• Back to the Basics: The asset reliability fundamentals must be in place to get the expected value from Industry 4.0 Predictive Analytics Technologies investment.
• Efficient Scheduling will provide asset intensive organizations with the highest and quickest ROI of any asset management investment. It is the first and most important element to address to improve work management.
• Success depends primarily on People and Processes. Change management is of utmost importance.
• For large organizations to overcome the challenges of standardizing processes across the organization, Industry 4.0 Digital Technologies, must be explicitly designed to ensure that People are performing their task flawlessly in order to get the Processes expected value.