Asset Management Blogs
SunnyD Deploys Asset Performance Management Software to Optimize Its Operations
Beverage Maker’s Use of LLumin Products Across Five Plants Delivers Continuing Business Benefits How can Asset Performance Management software, combined with enterprise level Materials and Inventory Tracking software, help food and beverage companies modernize their manufacturing operations? Over a decade ago, beverage maker SunnyD installed LLumin’s READYAsset and READYTrak suites to cover its five North…
Read MoreManufacturing in a World of Disrupted Supply Chains
Supply chains are not impervious to disruption, be they caused by natural disasters (pandemics, earthquakes, hurricanes, etc.), changes in political leadership, military actions, tariffs and viruses. That’s because manufacturers often rely on parts produced in countries around the world to manufacture their finished products. In the resulting world of turmoil, manufacturers can take decisive steps…
Read MoreMobilizing Your Maintenance Management Workforce to Minimize Downtime
With companies across vertical industries seeking predictive maintenance to minimize costly machine and production downtime in industrial manufacturing, interest in enabling a mobile workforce is climbing quickly. Providing maintenance staff access to your data from a smartphone or tablet lets them stay on top of issues at any time of day, from any location. The…
Read MoreREADYAsset Increases Plant Run Time Above 99% and Pays For Itself In Under 3-Years
LLumin is excited to be featured in Rockwell Automation’s The Journal Magazine where Red Cedar Gathering, reports in a 5-page spread, that LLumin’s READYAsset is used for predictive and preventive maintenance and to track materials. The software has increased its energy plant’s run time above 99% and paid for itself in less than 3 years.
Read MoreMinimize Downtime and Reduce Inventory Cost by Optimizing Spare Part Availability
The lack of a spare part for one of the machines in your plant can lead to downtime. If a critical part is not in stock, the plant runs the risk of extended downtime from equipment failure. However, inventory is expensive. If a company is overstocked and has too many spare parts, it is overpaying…
Read MoreOvercoming the Knowledge Gap
Every plant has that one person (or two or three people) who can look at data or metrics about a piece of equipment and spot problems before they happened. Unfortunately, many skilled workers are now leaving the workforce, taking with them essential expertise. The solution is to look at an expert system that can help capture institutional knowledge and suggest actions when certain conditions are detected.
Read MoreWhy Asset-Heavy Manufacturers Must Make Better Use IoT Data
In manufacturing plants, a high-performing, reliable asset base is critical. Maintenance staff must keep machines running and operating at peak efficiency. They can achieve this by using the data available to repair machines and systems before they break down and to fine-tune performance while they are running. That’s where the Internet of Things (IoT) comes…
Read MoreWhat’s the Difference Between Preventive, Proactive, and Predictive Maintenance?
Downtime in a plant or facility leads to lost productivity. It disrupts operations, causes maintenance staff to divert time from scheduled projects, and can have significant negative business implications, including lost revenue, significant unplanned expenses, missed deadlines and damage to a company’s reputation. To avoid these problems, manufacturers and facility and plant managers are moving…
Read MoreMarrying Asset Management with Augmented Reality
Augmented reality (AR) allows users to enhance their field of view with real-time superimposed digital information. The technology is now being more widely used in maintenance and repair operations, and its value is enhanced when complemented with data and historical knowledge from asset management systems. Using AR in maintenance and repair allows technicians to receive…
Read MoreAsset Tracking: Material Handling Benefits | Material Handling Management
Asset tracking through materials handling helps companies make efficient use of resources at every step, from supply chain to consumer returns. Barcodes and RFID technology are affordable asset tracking solutions that roll out easily and deliver actionable, accurate information. When paired with software tracking tools, asset tracking makes it possible to allocate and redirect resources with maximum effectiveness.
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