09272016Tue
Last updateTue, 27 Sep 2016 3pm

i

An Alternative Basics Education: Valve Ed Comes to You!

An Alternative Basics Education: Valve Ed Comes to You!

For the first time in the seven-year his...

Give Your Flow Meter a Happy Home

Give Your Flow Meter a Happy Home

Increased emphasis on the need to improv...

What’s in Store for the Construction Market?

What’s in Store for the Construction Market?

As was the case with many of the present...

The Weekly Report

New Products

  • ja-news-2
  • ja-news-3

Industry Headlines

Advertisement
i

Industry Headlines

ValvTechnologies Joins MSS of the Valve and Fittings Industry Committee

-1 DAYS AGO

ValvTechnologies, Inc. has been unanimously approved for membership in the Manufacturers Standardization Society (MSS) of the Valve and Fittings Industry Committee. Representing ValvTechnologies is Tony Majka, director of engineering.

The MSS is a non-profit technical association organized for develo...

Readmore

Jim White of Curtiss-Wright is New VMA Chair; Kim Beise of Dowco Receives Top Honor

-1 DAYS AGO

At the Valve Manufacturers Association’s 78th Annual Meeting, held Sept. 21-23 in Rancho Mirage, CA, Bob Kemple of ASCO (2015/16 VMA Chairman) passed the gavel for the coming year to Jim White of Curtiss-Wright, who will chair VMA through the 2017 annual meeting. The election took place at the ass...

Readmore

Alaska, ConocoPhillips Forming LNG Joint Venture

15 HOURS AGO

The State of Alaska, through the Alaska Gasline Development Corporation (AGDC), and ConocoPhillips Alaska Inc. have executed a Memorandum of Understanding regarding negotiations to form a joint venture (JV) that could facilitate marketing LNG from the Alaska LNG project to global LNG markets and acqui...

Readmore

Many Houston Chemical Facilities Could Be Operating Illegally

15 HOURS AGO

“Firefighters once routinely visited buildings in their districts to plan for emergencies — including ferreting out hazmat sites — but those visits stopped in April 2014. The department had started entering old plans into a new, sophisticated database and didn't want to create a ba...

Readmore

U.S. Consumer Confidence Surges to Nine-Year High

-1 DAYS AGO

The Conference Board Consumer Confidence Index, which had increased in August, improved further in September. The Index now stands at 104.1, up from 101.8 in August. The 104.1 figure is the highest since August 2007.

“Consumer confidence increased in September for a second consecutive month and i...

Readmore

Texas Manufacturing Strengthened in September

-1 DAYS AGO

Texas factory activity increased markedly in September, according to business executives responding to the Texas Manufacturing Outlook Survey . The production index, a key measure of state manufacturing conditions, rose 12 points to 16.7, suggesting output picked up at a notably faster pace this month...

Readmore

Asset Management: A Plant Manager’s Best Friend

vmfall11_maintenance_tabletInformation about the performance of a facility’s valves has never been more readily available—or more important. Digital positioners and distributed controls can provide valuable data about the operation of the overall system. At the same time, the growing complexity of today’s facilities, increasingly stringent regulatory and reporting requirements, and growing pressure to improve plant performance have combined to make that valve data more vital than ever.

But how can an operations or maintenance manager get the best information? To be useful, the data must be readily available and presented in a user-friendly manner. Asset management systems can fulfill this need by providing easy access to a database containing details of the history and health of every valve in a plant.

WHAT IS AN ASSET MANAGEMENT SYSTEM?

An asset management system is the valve equivalent of the electronic medical recordkeeping systems used by hospitals and clinics. For medical applications, the patient’s electronic record contains such information as test results, prescription history, diagnostic images and notes on previous appointments. The physician can access this data with just a few clicks of a mouse, no matter the time of day or night or whether he or she is in the office the patient typically visits, or at a sister facility. Having this complete record helps the physician identify any changes in the patient’s health over time, make accurate diagnoses, alert when routine tests and procedures should be completed and properly bill the insurance provider.

Similarly, an asset management system for valves stores performance data, maintenance records, test results, piping and wiring diagrams, photos and other vital and diagnostic records in a simple and logical manner. The information can then be easily retrieved for use in tasks such as performance analysis, outage and maintenance planning, inventory management, validation reporting to inspectors and loop analysis. An asset management system also can help plant personnel see trends in valve performance over time, diagnose performance problems, determine whether a valve should be repaired or replaced, streamline plant turnarounds and other maintenance activities, and more easily meet documentation and reporting requirements.

Various types of asset management tools are in use today, ranging from spreadsheets and other user-designed tools to sophisticated Web-based programs. The following are key factors to consider when evaluating the options and choosing the right solution.

RANGE OF CAPABILITIES

A key objective of implementing an asset management system is to simplify and streamline processes. To aid in this goal, plant personnel can choose a single tool that will meet all of the plant’s needs, rather than juggling multiple tools to accomplish different tasks.

This single tool should be able to capture data about all types of valves in a plant—control, pressure relief, line, gate, motor-assisted, etc. It also should record information about a valve and all of its accessories, not just an individual component, such as a positioner.

SUPPLIER SUPPORT

It also is important to have confidence that the system’s developer will stand behind the product and provide ongoing support and service, including adding new features and modules. The college student next door who is home for the summer may be a software development whiz; but he or she is not likely to be available come fall, let alone years down the road, to field technical questions and ensure a tool meets evolving needs. A wiser move would be to choose a strong provider committed to its product.

DATA INPUT

Because asset management is about the quality of data, the old adage “garbage in, garbage out” holds true. Data input and maintenance must be regular and accurate if a tool is to provide expected benefits. Some plant operators prefer to handle these tasks in-house. Those who do not have on-staff resources to accomplish these tasks faithfully, however, should consider other options. Some valve service providers offer managing their customers’ asset management systems as a value-added benefit at no additional cost. The end user still owns the data and links to that information, but the service provider handles the data entry and system maintenance.

  • Latest Post

  • Popular

  • Links

  • Events

Advertisement

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association