Manufacturing

Your business depends on physical assets, from fleet vehicles to production line equipment, to produce and deliver high quality goods and services to your customers. Each of these complex assets must be tracked, controlled and maintained to maximize production, reduce maintenance costs and improve reliability.

Today, manufacturing companies face tight budgets and global competition. As a result, savvy manufacturers have embraced lean manufacturing methods and effective management procedures to address internal issues and compete in the market. When it comes to manufacturing-related assets, quality management is key to maintaining consistent and compliant procedures to mitigate risks, prevent failures, and keep defective products from reaching consumers. With the Maximo Application Suite, manufacturers can continuously monitor the entire production process from start to finish to promote consistency, lean manufacturing ideals, and cost efficiency.

Maximo Application Suite

Challenges and Use Cases for Manufacturing

Challenge

Equipment downtime due to unanticipated failures disrupts production and increases costs.

Solution

Predictive Maintenance (Maximo Predict)

Uses IoT-enabled sensors and advanced analytics to monitor asset health.

Predicts failures by analyzing data trends such as vibration, temperature, and pressure.

Helps implement a condition-based maintenance (CBM) approach, reducing unexpected breakdowns.

Challenge

Over-reliance on reactive or preventive maintenance can result in unnecessary expenses.

Solution

Reliability-Centered Maintenance (RCM)

Prioritizes maintenance tasks based on asset criticality and risk analysis.

Reduces maintenance costs by focusing on high-priority assets while optimizing schedules for less critical ones.

Leverages failure mode analysis to enhance maintenance efficiency.

Challenge

Assets are either underutilized or overused, leading to inefficiencies and accelerated wear.

Solution

Asset Performance Management (APM)

Tracks and analyzes usage patterns for optimal asset utilization.

Helps balance workloads across multiple assets to prevent overuse.

Provides insights into downtime trends, enabling better resource allocation.

Challenge

Disparate systems and manual processes lead to fragmented asset data.

Solution

Centralized Asset Registry

Offers a unified platform to manage all asset data, including specifications, maintenance history, and performance records.

Integrates with existing ERP, MES, and SCADA systems to consolidate information.

Provides real-time visibility into asset conditions across the enterprise.

Challenge

Maintenance activities disrupt production schedules, leading to lost output.

Solution

Work Order Management

Automates scheduling to align maintenance activities with production downtimes.

Assigns tasks efficiently, ensuring minimal impact on operations.

Provides mobile-enabled work order updates for real-time task progress tracking.

Challenge

Delays in obtaining spare parts increase asset downtime.

Solution

 Inventory and Procurement Management

Tracks spare parts inventory levels and predicts future requirements.

Automates procurement workflows, reducing lead times for critical components.

Provides insights into part usage trends to prevent overstocking or shortages.

Challenge

There is a lack of tools to identify root causes of failures leads to repeated issues.

Solution

Failure Analysis Tools

Captures and analyzes failure codes to identify recurring issues.

Provides data-driven recommendations to prevent similar failures in the future.

Integrates with Maximo Assist to offer AI-driven diagnostics for root cause identification

Challenge

Relying on reactive insights prevents proactive decision-making.

Solution

AI-Powered Insights (Maximo Monitor)

Uses machine learning models to analyze historical and real-time data.

Predicts potential issues and recommends corrective actions.

Provides dashboards and alerts for proactive asset management.

Add value to your operations with Maximo Application Suite

Scalability

Supports growth and integration of new technologies like IoT and AI.

Centralized Operations

Unifies asset data, maintenance workflows, and performance monitoring.

Cost Savings

Reduces operational costs through optimized asset utilization and energy efficiency.

Strategic Decision-Making

Provides actionable insights to support investment and planning.

Get in touch

Unlock the full potential of Manufacturing operations with Maximo.

Explore how Maximo’s cutting-edge technology can revolutionize your approach to asset management, maintenance, and regulatory compliance.

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