Dedham, Massachusetts; April 2, 2008: ARC Advisory Group will host its first annual Asset Lifecycle Management (ALM) Forum, October 13-15, 2008 in Houston, TX. This event will bring together stakeholders and suppliers to discuss how better Asset Information Management (AIM) can help them optimize performance in every asset lifecycle stage. Companies will learn how AIM impacts asset performance while networking with others to discuss common issues.
ARCs ALM Forum
ALM is high on the agenda of executives in manufacturing, utilities, and every other enterprise where success depends upon complex equipment. These executives must worry about capital budget overruns and start-up delays that can turn excellent market opportunities into major calamities. They are also concerned with revenue, safety, compliance, quality, and operating cost problems that arise when performance in operating plants is not optimized.
AIM is the foundation for and key enabler of excellence in every asset lifecycle stage. Studies show that asset-intensive organizations suffer staggering losses each year as a result of poor AIM across plant design, build, and handover. AIM issues, likewise, plague groups involved with facility operation and maintenance. Neglect in this area has also been linked to major safety and compliance violations that blemish corporate reputations and jeopardize their survival.
ARCs research shows that collaboration and teamwork across all asset stakeholders is vital to ensuring good AIM, states Sid Snitkin, Vice President and General Manager of ARCs Enterprise Advisory Services. Each group needs to appreciate the impact their practices have on asset performance and align their practices and goals to achieve optimal performance.
ARCs Asset Lifecycle Management Forum is a must-attend event that provides the following opportunities:
Learn about the hidden ways that AIM impacts Asset Performance
Gain the knowledge to identify significant hidden costs in your AIM program
Discover what leading companies are doing to overcome cultural, contractual, and infrastructure roadblocks that frustrate collaborative programs
Understand what technology suppliers are doing to enable you to improve AIM
See what industry and standards groups are doing to enable better information interoperability
Share challenges, ideas, and strategies with peers
Founded in 1986, ARC Advisory Group has grown to become the Thought Leader in Manufacturing and Supply Chain solutions. No matter how complex your business issues, our analysts have the expert industry knowledge and first-hand experience to help you find the best answer. We focus on simple yet critical goals: improving your return on assets, operational performance, total cost of ownership, project time-to-benefit, and shareholder value.