The paper explores various threats to profitability, be they unprecedented challenges such as the Covid pandemic or legislation-related issues including poor HSE compliance, and looks at the options available to operators to minimise the risks to their assets.
“Our research shows that uptime is the single biggest concern for asset managers in the food industry,” says Chris van den Belt, Team Leader Product Management, Ultimo. “Managing complex manufacturing ecosystems with strict food safety legislation while striving to improve productivity is a daily challenge for many businesses. Leveraging EAM helps simplify the way key data is integrated and managed, giving operators better control over the health of their asset and the costs associated with maintaining them, enabling more agile responses to potential threats and new opportunities.”
The whitepaper explores how various factors, including inadequate maintenance practices, reliance on corrective maintenance methods, and lack of long-term strategies, can increase the risk of downtime and make cost-effective operation difficult, putting business continuity at risk.
The paper assesses how the most modern solutions that enable mobile and remote connectivity can help streamline workflows to improve the speed, efficiency, and effectiveness of maintenance work. By giving asset managers better visibility over the status of their assets, these solutions facilitate quick decision-making and intelligent short and long-term planning while reducing risks to uptime and profitability.