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Performance Management
The most obvious benefits of an Enterprise Asset Management (EAM) program lies in the increased ability to deploy and use assets more effectively based on consumer needs and projected growth patterns. Making the right capital investments in the right places and the right time, with the right engineering design, has a significant long-term impact on the organization's bottom line. A properly designed EAM program will allow an organization to lengthen the useable life of assets by better monitoring and maintaining them; reduce total life-cycle costs, by improving the planning of scheduled maintenance; and improve operational performance by providing tools to improve safety, reliability, outage prevention and restoration.
However, extracting the highest value from asset infrastructure requires a deep understanding of what assets a utility has, what it wants to accomplish and how to optimize the asset value chain. To that end, today's well-managed energy utilities are continuously looking for ways to increase the value they offer their customers while lowering their economic risks. And to do this, they must better align their daily operations-centric and customer-service metrics with improved performance-tracking capabilities. Having a solid understanding of performance metrics as they relate to basic questions such as "What activities are core?", "How well are they performed?" and "How do they compare to best-in-class performers?" enable the enterprise to re-examine its decision-making policies and fine-tune operational strategies.
Enspiria Solutions asset management consultants have an in-depth understanding and appreciation of what it takes to define, gather, and evaluate "actionable" Key Performance Metrics (KPI) from the various data sources and information technology systems deployed through out the organization. Working in partnership with our clients, we help facilitate large asset-centric energy and cable companies to better align their resources and conserve their O&M expenditures. Our services include designing and implementing performance metric programs which can achieve more precise measures of effectiveness and efficiency benchmarks, and enable companies to increase value in delivery with operational agility and reduced risk.
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