OSIsoft Logo

Productivity Improvements: Top Risk for 2014-15

According to EY's Mining Survey, the top risk category for 2014-2015 is productivity improvements.

"A well-designed performance measurement program goes far beyond metrics. It aligns operations activities with business objectives and shapes beneficial behavior of employees as well as suppliers and business partners."
- MESA International, Pursuit of Performance Excellence (2012)

It's been repeatedly shown: An integrated data foundation adds to the bottom line

In 2012, MESA International studied performance excellence, business movers over others were twice as likely to:

  • have fully automated data collection for customer, quality, efficiency and inventory metric over others
  • provide visibility and analysis to line-level metrics to allow immediate corrections Users of Manufacturing Operations Management (MOM) systems were twice as likely to achieve at least 10% improvement for
  • EBITDA,
  • cash-to-cash cycle time, and
  • average unit contribution margin

This study echoed similar findings on Global Manufacturing Operations Management done by Aberdeen Group in 2008.

How can you decrease your risk and improve productivity?

Understand the three essential components to a strong data foundation:

Re-examine your current data practices

Empower personnel to drive results

The Power of Data

Not sure what an end-to-end data management system can do for metals operations? A strategically architected data management system will feed the right data to the right people and processes.


Collect

all the data into a trustable, reliable system


You have to trust the data you bring into your system. Regulators demand it and your bottom line might not improve without it.

We are talking not just about data itself, but:

  • how you structure data within areas and sites to create a common vocabulary for operators, engineers, managers, and planners to truly collaborate.
  • how it can scale to be implemented across processing area, sites, and the global enterprise.

Learn more about the technical features of a strategic data management foundation for operations data.

Build

standardized digital data and structure digital assets and operations into models

Enable effective collaboration across different equipment, process areas, and sites:

  • Standardize: design the digital plant according to your organizations processes and culture
  • Model any continuous improvement methodology for
  • Learn and report through basic calculations and visualization to derive performance metrics, trends, reports, and KPI's to drive continuous improvement goals and initiatives for the plant and site.

Learn more about what Anglo American Copper did.

Integrate

other key data sources


Increase the value of the infrastructure with data integration. Complete the enterprise model incorporating data from ERP, Scheduling and Maintenance, LIMS, Supply Chain Management, and Analytics Platforms (BI, Big Data and Advanced Visualization) to drive performance-based corporate initiatives.

Alcoa's award-winning SMART manufacturing initiative has enabled:

  • Getting workers to solve problems, not looking for data
  • Deep collaboration within departments and between sites