2007 Press Releases-23

Yokogawa Electric Corporation announces the release of the Lifecycle Management Program, an integrated package of solution services that optimizes maintenance by tailoring it to the customer's equipment lifecycle.

This program meets diverse needs by creating a lifecycle plan for each customer's system, and based on it, selects and combines the most suitable services from a variety of options.

Users want to cut maintenance costs as much as possible in order to reduce the total cost of ownership (TCO). On the other hand, the reduction in maintenance costs can lead to unexpected equipment failures, and the increased equipment downtime can lead to production losses and a decrease in the return on assets (ROA). Accordingly, it is necessary to minimize maintenance costs without incurring production losses. In other words, a maintenance plan that is able to achieve an optimal balance between TCO and ROA is the ideal solution.

Yokogawa's Lifecycle Management Program consists of proprietary services such as the industry's first Condition Based Maintenance (CBM)* program and an Alarm Rationalization Service (ARS)*. These are flexibly combined under the Lifecycle Management Program to ensure that maintenance is tailored to each customer's equipment conditions and requirements, and achieves a proper balance between TCO and ROA.

Specific services provided under the Lifecycle Management Program are as follows:

・Service & Support
24/7 response
Single point of contact for all customer service needs

・Maintenance Management
Vigorous maintenance plans and support for all unique needs
Condition Based Maintenance for pinpoint identification of problems

・Operator Effectiveness
Wide range of training courses to meet all needs

・Inventory Management
Stocking of parts for emergencies
Part management program to minimize capital investment
Ensuring that a plant is operated with the latest hardware and software

・Migration Support
Minimization of the threat of diminishing resources and part obsolescence
Implementation of a proven migration roadmap to reduce the risk of operating older control systems

・Safety Improvement
Changing the method for responding to alarms
Yokogawa network service consultation & solution to assure that systems are well protected

・Productivity Improvement
Process standardization
Tracking of improvement in performance
Optimization of decision support

"With a conventional maintenance service, the customer was given a selection of necessary programs from a packaged service menu. This was only a semi-tailored service," said Satoru Kurosu, Yokogawa Senior Vice President and Head of the IA Business Headquarters. "In contrast, the Lifecycle Management Program is a fully tailored service that provides the customer with an optimal maintenance plan from the long-term perspective of the equipment lifecycle. It aims to respond to customer-specific needs while keeping in mind that the customer is unique."

Yokogawa's Lifecycle Management Program aims to provide the customer Asset Reliability, Asset Availability, Asset Predictability, and Asset Performance, thereby achieving the VigilantPlant vision of operational excellence.

* Condition Based Maintenance (CBM)
A proven service installed in over 1,000 systems that provides an optimal maintenance solution by diagnosing the installation environment of equipment, monitoring deterioration over the equipment lifecycle, and utilizing preventive maintenance technologies

* Alarm Rationalization Service (ARS)
A service that improves production processes by analyzing alarm/event trends and operator actions to identify unproductive operations and other inefficiencies

For more information, please contact
http://www.yokogawa.com/sv/product/lcmp/sv-lcmp-en.htm