Asset Life Cycle Management

RELIABILITY CONSULTING AND SOLUTIONS

Background and Methodology

In today’s operating and production environment, plants and equipment must perform at levels that were not thought possible some years ago. Expectations towards increased safety, product quality, availability, throughput and agility to meet challenging governmental, business and social requirements elevate the speed and pressure on manufacturers to manage their assets effectively.

The necessity to maintain – and often increase – operational effectiveness while simultaneously reducing capital and operating expenditures is the challenge manufacturing enterprises are currently facing. To overcome this contradiction a signifi cant change from past culture, processes, management and organizational concepts is mandatory and has to be carefully balanced.

The advanced and continuously reinvented approach for Asset Life Cycle Management by Bayer is a comprehensive, fully integrated process, directed towards gaining greatest lifetime effectiveness, value and profi tability from production and manufacturing assets.

Our Asset Life Cycle Management assures systematic implementation of processes, practices and technical improvements to ascertain sustained compliance with Health, Safety, Environment, and Quality (HSEQ) targets as well as availability and performance targets at lowest possible cost under consideration of current and future operating and business requirements.

Our Asset Life Cycle Management builds from current strengths of plant operation and maintenance to gain Best-In-Class effectiveness. The implementation of standards and processes results in a subsequent continuous improvement to steadily enhance plant performance even further.