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  • 8/8/2019 RAM Benchmark

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    Reliability & Maintenance

    Comparative Performance Analyses

    The International Study of Plant Reliability andMaintenance Effectiveness (RAM Study) was

    developed in partnership with industry leaders to

    help better identify and quantify areas for

    improved maintenance performance. Clients have

    commented that this study provides the most

    comprehensive set of reliability and maintenance

    performance benchmark targets and best practices

    assessments in the industry. As such, our efforts

    have made us trusted industry advisors with a

    reputation for providing tools that increase

    company performance and maximize profits.

    Participants have declared that Solomon's RAM

    Study provides significant contributions to

    their performance improvement initiatives and

    the results they achieve.

    BenefitsClients rely on Solomon's biennial RAM Study to:

    Determine competitive position using standardSolomon industry peer groups

    Develop customized peer groups to assessspecific performance needs

    Improve operational performance with regardto reliability and maintenance

    Manage risk Minimize life-cycle cost

    Key FeaturesWe use rigorous validation and a proven

    methodology to normalize differences in scale,

    complexity, and location, permitting realistic

    comparisons. Our on-line data entry forms, the only

    accepted method for inputting data, have

    extensive built-in data checks to assist subscribers

    and ensure the consistency and quality of all

    reported data.

    Additional study features that ensure data accuracy

    and deliver increased value to participants include:

    Absolute client confidentiality Common nomenclature and data validation by

    Solomon's industry experts

    Performance comparison at unit and majorequipment component levels

    Overall participant and geographic averagesand comparisons

    Market-based analysis of operations with plantsize and process type averages

    Gap analysis based on real data andidentification with performance averages

  • 8/8/2019 RAM Benchmark

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    Major Areas of InterestSolomon continues to maintain and/or enhance all

    reliability and maintenance effectiveness factors.

    The components that work together to measure

    overall reliability and maintenance effectiveness

    are as follows:

    Cost of production losses caused bymaintenance outages

    Direct costs (labor, contracts, and materials) ofmaintenance work

    Indirect costs of maintenance support staff andconsumables

    Operator time for maintenance work Annual cost of capital tied up in inventories of

    spares

    The database framework now covers more than

    7,500 process units.

    Gap

    Costs, US $/yr

    Gap

    Elements

    Analysis ofCost Gaps

    Leaders

    Plant

    Selection of aPeer Group

    Industry Data

    Discovery ofCausal Factors

    MEI PerformanceHalves

    FactorValues

    Poor Best Poor Best

    PSR09-01

    Figure 1. Target-setting process

    Study DeliverablesEach participant receives electronic data files

    containing study and client-specific results, as well

    as calculation details for all indicators. All

    deliverables are provided on the Internet in

    electronic format in Microsoft PowerPoint, Excel,

    or Word format:

    Data Collection Workbook Study Report Peer Group Benchmark Tables Participant Indices Tables Peer Group Range Graphs Participant Performance Gap Analysis Improvement Scenario ToolsA final presentation is also provided at the location

    of your choice.

    Proven SuccessRAM Study participant performance in both

    mechanical availability and maintenance cost

    indices have improved by 10% on average between

    CPA study cycles, compared to an average

    improvement of less than 4% in most sectors. This

    improvement confirms without any doubt that

    Solomons confidential industry benchmarking of

    the reliability and maintenance function helps

    identify key performance improvement targets

    (refer to Figure 1) and has become an essential tool

    for continuous performance improvement of

    reliability and maintenance in process industries.

    Our database shows performance improvement

    for RAM Study participants in the fuels refining

    industry to be two to three times greater than

    that achieved by non-participants.

    Contact

    RAM Study Project Manager

    Al Poling

    Phone: 972.739.1731

    Email: [email protected]

    HSB Solomon Associates LLC

    13455 Noel Road, Suite 1500

    Dallas, TX 75240-6634