“Now more than ever, it’s important to ensure that assets achieve their intended lifecycle and beyond. Maintaining your assets and equipment through data management is an integral part of any asset management strategy”…
At WATER MANAGEMENT Smart Class 2022, Green Valley Group’s Managing Director, Jonathon Davies, explained how aligning your physical asset and asset data can create an environment where data can be trusted, giving asset owners and investors the confidence that plant and equipment is being maintained correctly, and enabling water infrastructure assets to meet or exceed their expected lifecycle.
Jonathon outlined “Why” this alignment is so valuable:
- To provide maintenance and operations teams with the best chance of success;
- Ensure company assets have the required planned preventative maintenance program, at the correct frequencies;
- Ensure company assets have all the identified and required spare parts, at the correct quantities and are perfectly aligned with each asset;
- Enable maintenance and operations teams to trust/rely on the Computerised Maintenance Management System (CMMS) to have all the maintenance and spares data stored effectively and efficiently, in one place;
- Give maintenance metrics that are able to feed into monthly dash boards for senior management teams to review, giving a holistic view of plant and asset groups.
…and summarised “How” it can be accomplished:
- By reviewing and verifying company assets, through collating the relevant data and creating an asset hierarchy structure, based around company processes;
- Reviewing existing asset maintenance regimes, to ensure warranty requirements are adhered to (utilising OEM manuals and a ‘Best Practice’ approach);
- Reviewing current spares requirements and ensuring spare parts and materials are ready for purchase and warehousing.
For GVG’s deeper dive roundtable discussions with our water sector delegates, Jonathon was joined by Senior Asset Data Manager, Rupert Perry, and Senior Spares Consultant, Leigh Phillips.
If you satisfy our regular delegate qualification criteria but were unable to join us in Birmingham on November 10th for the live in-person event at The BCEC, CLICK HERE and complete the short “Download form” (located at the bottom of the post) to receive a unique link enabling free access to the presentation video recordings and slides (including the film footage and slides from Jonathon’s initial presentation).
Those qualifying to receive the rich presentation content from this event include commissioning, procurement, innovation, trialling and partnering leads, senior influencers, strategic decision makers, environmental managers, policy makers and planners from UK water companies and utilities, wastewater and sewer operators, lead local flood authorities (unitary authorities and county councils), city/borough/metropolitan councils, district councils, combined authorities, highways authorities, prime contractors, general insurers, large water consumers, central governmental and regulatory bodies (e.g. Defra, DCLG, Ofwat, Environment Agency, DWI, SEPA), independent industry and consumer organisations (e.g. Water UK, CCW) etc.