The steel industry plays an essential role in developing the economic standing of any country. Since steel is a necessary component for every primary sector, to keep the country’s economy in full bloom, steel factories need to ensure that all production processes are running smoothly, which can be hindered by unplanned downtime.
Unexpected downtime can cost not just a lot of money and time for any steel plant but can also affect the production and growth of downstream industries dependent on steel production. Machine availability and reliability being the top concern in steel production, the cost of secondary damages of such breakdowns can be astronomical. This can significantly affect the quality, operational efficiency, loss of productivity, and increased risk of accidents on site. With such high stakes, using predictive maintenance to avoid unexpected downtime can be a gamechanger for steel plants.
Advantages of Predictive Maintenance for Steel plants
Reducing downtime and Ensuring asset longevity & RUL:
Failure of machines can be pretty stressful and is an added expense. Using predictive maintenance, you can predict issues ahead of time, reduce downtime of machines, increase uptime by 15-20%, schedule maintenance as and when required, and thus improve the lifeline of the old machine by up to 20%.
Reducing maintenance costs Since all the machines in the steel manufacturing process are constantly monitored and fixed before the problem gets severe, maintenance and spare part costs are way lower than what they would be for reactive maintenance or preventative maintenance. There is also no need for unnecessary planned downtime.
Improving Workplace safety Predictive maintenance can lower the risk of workplace accidents by flagging off any anomalies that can trigger off an accident on site. Predictive maintenance ensures a hygienic and healthy environment in the plant and reduces safety risks by up to 14%.
Enhancing productivity By ensuring that both planned downtime & unplanned downtime are at their minimal, predictive maintenance ensures that there are fewer disruptions to production, improving the overall productivity drastically.
How Does Infinite Uptime’s Predictive Maintenance as a Service Solution Work for Steel Industry?
Infinite Uptime’s Predictive Maintenance as a Service uses real-time data to find out the status of the machine and the health of every rotating asset. The edge computing system is deployed to monitor all critical assets in every process and monitors parameters like vibration, temperature, etc. A machine health score is provided in real-time for every monitoring location. Anytime there is a dip between the prescribed machine score, an alert goes to the plant supervisor, along with a recommended remedial action suggested by our Predictive Maintenance as a Service solution. The machine status is further analyzed to ensure that the mitigated solution has improved the status quo.
Customized dashboards for different levels like plant operator, manager, plant head, or manufacturing head (multi-plant) are created & made accessible for the team to ensure agile & proactive decision making to ensure the production continues smoothly.
To Know more about Predictive Maintenance for Steel Industry: https://www.infinite-uptime.com/predictive-maintenance-as-a-service-for-the-steel-industry/
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