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Report Helps Facilities Rank Assets To Maintain Safety, Production

Aug. 30, 2021
A simplified methodology is based on the function of the asset and its importance in maintaining safety, environmental compliance and production.

Download the special report now.

A recent special report from Chemical Processing aims to help companies make better maintenance decisions via enterprise asset management (EAM) systems. The report -- Achieve Better Asset Management -- is sponsored by Infor, a provider of business cloud software products for companies in industry specific markets.

The report highlights how to properly utilize asset criticality ranking (ACR) or equipment criticality ranking (ECR). ACR involves ranking assets based on a well-structured procedure. An asset gets marks for various parameters, with the consolidated score leading to its classification into a criticality category.

This report offers a simplified methodology that’s based on the function of the asset and its importance in maintaining safety, environmental compliance and production. It also considers the severity of operating parameters and complexity of maintainability but excludes the failure history of the asset.

Also included in the report are best practices in choosing a proper EAM system for you facility.

Download a copy of the report “Achieve Better Asset Management.”

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