Capital assets are the life-blood of process manufacturers; their economic return will determine the success of the company. Within the process industries, asset performance management is critical because productivity and downtime issues will erode margins and profit. The day-to-day risk of operating these critical assets demands enterprise information every level of the corporation.

Datastream 7i provides these companies with a proven, cost-effective system for complete asset performance management, including:

• Asset Hierarchy: Asset System Views—Unique asset views allow process users to understand the true costs of assets and control, plan, and avoid capital expenditures.
• Asset Hierarchy: Asset Positional Views—Users perform root analysis of asset reliability as they view the asset costs in designated critical positional alignments; these asset views conform and work with all Reliability Centered Maintenance methodologies.
• Inventory Control—Companies achieve better supplier pricing, reduce inventory and material costs, and drive purchasing labor efficiencies.
• Inspection Management—Datastream 7i helps plan and control inspection routes and measurement points to increase reliability while gauging the proper number of safety checks.
• Risk-based Inspections—Developed specifically for the process industry, this module allows easy access to data points that highlight the vulnerability of critical assets to increase asset availability.
• Regulatory and Safety Requirements—Whether dealing with the EPA or internal self audits, Datastream 7i allows specific capture and label categorization for inspections, self-audits, spill reports, and all safety related matters.
• Warranty Management—Users receive notification of asset status, reducing maintenance expenditures and preventing unnecessary work and time on assets under warranty.

In addition to ensuring health, safety, and regulatory compliance, Datastream 7i provides process manufacturers the tools to track and manage inventory and warranty information, generate work orders, allocate resources, and complete a number of maintenance and asset management tasks.

Additionally, with the use of key performance indicators (KPIs), users define and monitor asset performance indicators without having to run reports. Using dashboard-like gauges, these KPIs provide a snapshot of how assets are performing compared to user-defined benchmarks.

Datastream provides the most advanced system for managing assets, helping process manufacturing companies maximize the value of their investments and increase profitability.