Published April 25, 2017
Synovos Introduces ‘Plant Reliability Information Management’ Framework to Ensure Asset Management and MRO Supply Chain Initiatives Support Business Goals
Synovos delivers new thinking to plant reliability as a means of improving operations and effectively meeting increased production requirements
Radnor, PA and Las Vegas (Reliability Conference), April 25, 2017 – Synovos (www.synovos.com), a leader in Enterprise Asset Management and the MRO Supply Chain, today introduced Plant Reliability Information Management (PRIM) a new, freely available guide providing an integrated, data-driven approach to connect technology, assets, tasks, activities and processes for improved plant reliability. Based on Synovos’ extensive industry experience, PRIM offers a framework for collecting and controlling supply chain, resource and data inputs to ensure maintenance and enterprise asset management activities deliver tangible business value. It supports increasing production requirements global organizations face, and blends culture, process, data and the adaptive supply chain to drive plant and facility reliability.
“Manufacturers are turning to increased and more efficient production to deliver more profit to the bottom-line,” said Tony Kashani, Synovos executive vice president and EAM president. “The MRO and asset management portions of the integrated supply chain must ensure facility reliability is at its peak and supporting business goals that are increasingly tied to operations. We are pleased to offer our best collective thinking to advance both our customers’ reliability levels and to contribute to the success of our industry.”
“Companies spend tens of millions of dollars trying to drive their reliability programs, but oftentimes see mediocre results because of the data disconnect that occurs between supply chain, asset management, production scheduling and operations,” said Michael Weinberg, Synovos chief marketing officer and senior vice president, corporate development. “PRIM bridges that gap, further enabling a company’s EAM technology investment.”
At its core, PRIM aims to drive efficiencies, innovation and growth through improved plant reliability. Implemented in total or in part, it brings to light and supports critical business strategies, and helps organizations shift from manual processes to software-driven practices connecting core facility systems and enterprise-wide functions. The approach includes an overview of key industry mega-trends and Synovos’ vision for how the industry can collectively improve through better collaboration and data-centric approaches.
“What stands out about PRIM is how it addresses the need for standardized methods to ensure quality data is driving plant reliability,” said Terrence O’Hanlon, CEO and publisher of Reliabilityweb.com. “The depth of knowledge related to the critical effect of the supply chain on reliability combined with a laser focus on reshaping asset information and EAM configuration to support business objectives puts this approach in an entirely new category.”
The PRIM approach provides a guide for improving operational efficiencies, empowering better decision-making, promoting collaboration and innovation, and delivering more value to the organization. The central theme of the PRIM approach is visibility and efficiency through a blend of data-driven processes and a renewed culture around innovation and critical thinking. Like Lean and other operational processes, PRIM requires executive support and leadership to achieve sustainable success – as change and breaking with entrenched norms is as much a cultural transformation exercise as it is a process and technology play.
Synovos is introducing PRIM at The Reliability Conference 2017, booth #4. Attendees are encouraged to visit the Synovos booth to meet with company representatives and obtain a free copy of the PRIM guide paper.
Synovos is an industry-leading provider of cloud-based technology and services that streamline and connect MRO supply chain and enterprise asset management initiatives. It works with clients to integrate processes, teams and data needed to ensure asset performance and facility reliability are aligned in supporting business objectives. Synovos maps effective strategies that embrace changing business dynamics, adopt newer, lower cost technology solutions and uncover the untapped value of MRO and asset management. Its flagship Synovos SYNC™, offered as a software-as-a-service, provides a unified EAM platform that connects all aspects of asset performance across the organization – for data integrity, enterprise visibility and task orchestration, ensuring production uptime and better decision-making. Based in the U.S., Synovos provides services globally with locations in Puerto Rico, Canada, Mexico, Singapore and Ireland. For more information visit www.synovos.com.