Peak APM is a valuable tool for organisations of all sizes and across various industries. Implementing a customised asset performance management strategy helps organisations optimise asset performance, improve their bottom line, and achieve strategic goals.

Continuous Improvement

We believe APM must be a ‘living’ process with continuous monitoring, analysis, and improvement. Peak APM embeds a working method rather than just producing a Strategic Asset Management Plan (SAMP) for occasional review. We stay connected, continuously reviewing and adjusting your APM strategies as needed.

Data-driven decision making

Peak APM specialises in leveraging data from various sources, such as technicians, operators, maintenance records (CMMS), and operational data, to gain insights into the health and performance of assets. Your company’s metrics (KPI’s) may cover some of these already. This data is analysed to identify improvements and used to make changes either strategically or tactically to generate more desired outcomes. Technology can help us gather and analyse the data, but it’s not necessary to get started or to sustain peak performance through Maintenance Engineering.

Proactive maintenance 

Instead of reactive maintenance (fixing broken or failing equipment), Peak APM focuses on preventing problems or at least fixing them for good, by addressing the root cause of the issues. This can be achieved through condition based maintenance techniques (predictive), such as vibration, temperature and oil analysis, which can identify early signs of deterioration. Deployable advances in technology and artificial intelligence can speed up the benefits once a system is established. The working level of this is Maintenance Engineering.

Risk management

Peak APM helps organisations identify and mitigate the process safety, health, environmental, social and financial risks associated with asset failure. This can involve implementing risk assessment strategies and developing appropriate maintenance strategies and plans for the consequence of failure of the asset, such as performance standards for critical equipment.

Benefits of Peak APM:

• Engaged and Empowered people
• Reduced backlog and more meaningful maintenance that makes a difference
• Increased asset uptime, productivity and cost efficiency
• Improved safety and reliability
• Extended asset lifespan
• Reduced environmental impact
• Improved decision-making

Asset Performance Management Case Study:

Channel Infrastructure NZ – Deployment as Asset Engineer

COVID threw a wrench in our operations, as it did for everyone, but guess what? We pivoted faster. We drove a switch to a campaign style of maintenance, slashing costs by 40% compared to usual years. And did it impact safety or deliveries? Nope! We kept delivering the fuel needed to keep the essential services moving and the country ticking, even while operating in an unconventional way.

Remember those messy white boards covered in scribbles? (You know, the ones that looked like a toddler got loose with highlighters?) We gave them a digital makeover! Now, everyone can see updates and join meetings online, no matter where they are. It gave remote working the punch of standup meetings and kept the information live and up-to-date.

And finally, we launched the “Plant Maintenance Optimisation” (PMO) project, basically a fancy way of saying we’re making maintenance smarter and leaner. We’re saving hours, cutting risks, and keeping things healthy – all to bring down the long-term cost of keeping the place running.

So, yeah, COVID changed the game, but we adapted, innovated, and rewrote the rule book.