Leading mining equipment hire company National Plant & Equipment has successfully increased fleet availability during a heightened period of growth after implementing RPMGlobal’s leading asset management solution, AMT.
AMT is RPMGlobal’s Intelligent asset management software which helps mining companies, contractors, Original Equipment Manufacturers (OEM’s) and their dealers effectively manage their assets using a unique Dynamic Life Cycle Costing (DLCC) engine – which is at the heart of AMT.
The DLCC engine enables mining organisations to take a proactive approach to asset management. This includes the ability to identify asset life cycle risks and opportunities, control and curtail maintenance costs, reduce unplanned downtime, report and analyse the critical engineering, maintenance process, application and operational drivers of asset performance.
National Plant & Equipment selected AMT during a heightened period of growth that enabled it to consistently meet reliability and availability targets by harnessing AMT’s unique DLCC engine.
With enhanced visibility of day-to-day asset maintenance requirements that could scale alongside their growth, National Plant & Equipment was able to gauge the true costs of operating equipment across more than 40 different sites.
Mark Ackroyd, National Group Managing Director, said: “AMT assisted the company adopt a forward-looking, proactive approach to asset management that has been critical to its success.”
“National Plant & Equipment has been on a strong growth trajectory and AMT has enabled us to scale effectively during this period,” he said.
“AMT has permitted us to gauge the true costs of operating equipment across a multitude of sites while simplifying issues that accompany growth.”
AMT can seamlessly integrate with any Enterprise Resource Planning (ERP) system and provides a live zero-based forecast at any time, ensuring National Plant & Equipment consistently achieves an accurate, on demand maintenance budget at all times.
Prior to implementing AMT, the contractor managed their assets through multiple spreadsheets. As a result, this made it very difficult to nurture relationships with its customers and optimise asset effectiveness.
“We are now able to conduct real-time maintenance budgeting instead of relying on static maintenance plans which has eliminated room for error. With AMT, we now have one source of truth for the business nation-wide, giving us an accurate view of asset management,” Mr Ackroyd said.
RPMGlobal Australian General Manager Michael Baldwin said it was critical for mining contractors to have a centralised management solution to optimise asset management activities.
“Being proactive about asset management is a key competitive advantage for contractors, providing the ability to reduce unplanned downtime of equipment and keep operational costs low to maximise overall asset performance,” he said.
“RPMGlobal remains passionate about empowering our customers’ so they can better measure and manage their asset management improvement journey and it’s great to see companies such as National Plant & Equipment achieve such a high level of success with AMT.”