The most comprehensive approach to maximizing company performance & profits with existing assets.
Asset Utilization (AU) is the true measure of how well you are using your company assets. Unlike other measurement techniques, AU accounts for all losses, not just those directly associated with the production process. MPPIglobal’s AU concept is focused on improving the use of company assets and increasing production without the need for capital investment. The technique broadly establishes the assets actual capability vs performance, to identify the gap in-between. The model is supported by advanced purpose build digital software package called Optimum and is ideal for Mining Minerals and Metal industries.
MPPIglobal’s Optimum Software captures all performance data for accurate measurement and clear understanding of all losses, calculating up to an overall number representative of performance. Most companies start around the 70%. With a few months of AU data and some improvement effort this number typically improves quite quickly.
An increasing AU number means better use of company assets, increased production and increased profit!
AU can be applied to almost any individual asset or group assembly and is ideal for measuring, understanding, and maximizing asset performance.
- Complex Process Plants
- Underground Hoists
- Mobile Fleet
- Rail Networks
- Drill & Blast
- Flotation Cells
- Electrowinning Processes
- Oil & Gas Wells
- Power & Utilities etc.
Most measured Assets start at around 70% of its actual production capacity. Try adding an additional 20% production to your bottom line and see how the numbers stack up!
Many AU projects have experienced ROI of less than 1 week. No this is not a typo! The entire project has been paid for in less than 1 week driven by the improvement results that become obvious after implementation.
Maintaining a competitive edge depends on the ability to effectively utilize installed capacity. Failure to manage sustain utilization rates drives up unit cost and makes it very difficult to achieve or sustain a competitive position.
If you’re in an industry leadership position with accountability for delivering results, then it's likely you’ve considered options in how to deliver better returns for your company. Whether it’s on a global scale, with multiple operations, or simply an area of accountability, AU is one of the most effective opportunities to capture and create additional value in your company. MPPIglobal’s model is supported with a digital platform that has deliver hundreds of millions of dollars of additional revenue for some of the world’s premier mining companies. The design, sustainability and ease of implementation creates a solution that simply delivers!
Benefits for your Company
- Increased revenue from increased production
- Ability to benchmark across the industry
- Improved asset performance
- Visibility of opportunities for improvement
- No major capital required to drive improvement
- Higher profit margins
- Identification of excess capital and capacity
- Increased Up-Time
- Improved asset Reliability, Utilization & Availability
- Deep insight into reasons holding performance back
- Initiative that can deliver financial results in less than a year