Risk based maintenance
Lloyd's Register offers an optimised fourth generation risk based maintenance tool, KBAITM (Knowledge Based Asset Integrity™), through its subsidiary company KBM Ltd. The tool has been successfully deployed in the property and highways sectors - KBM is now offering its expertise to the rail sector.
How we can help
Every business has assets. Some of them are critical to safety, some to service or production. Others may be necessary, but less critical to the business. Traditionally all assets, of a type, are maintained in a similar fashion, usually under a time-based regime. By analysing the criticality and likelihood of failure we are able to suggest alternative maintenance strategies, based on the risk to the business.
What are the benefits?
With KBAITM, benefit is measured as a reduction in risk to your operation. By analysing the business criticality as well as the likelihood of failure, maintenance resource can be targeted most effectively.
Recent projects
Royal Mail: Implementation of KBAITM to the lifts in sorting offices has resulted in a tangible £300k per year reduction in maintenance costs and an additional estimated £3m reduction in associated operational costs.
CWSP Lighting: Carillion-WSP manage Area 12 for the UK Highways Agency. Using KBAITM to optimise the maintenance and bulb-replacement regimes on the east side of the M62, associated trunk roads and other motorways has produced an estimated 39% reduction in bulb changes (over 5 years) and 20% per year reduction in planned maintenance.
Next steps...
Find out more by contacting us today