Where Do You Go With Your Operating Assets - ERIKS Asset Cares

Though product is at the heart of everything ERIKS does, it’s not an end in itself. 

You don’t take care of a hammer because you want a well-maintained hammer. You do it because you want to be able to knock in nails effectively. In the same way, ERIKS takes care of the products customers use, because we want to help them achieve their strategic goals. We want to make industry better. 

That’s why it’s important to look at the bigger picture of product lifecycle management. 

Where are you now?

Review and Advise

The first step is to review the current condition and performance of the asset you’re concerned about. Is it doing what it’s supposed to do, and delivering against your requirements? If not, ERIKS has the industry experience, and the product and application expertise, to advise you on the most effective solution or choice of options to achieve your goals. 

This could be something as simple as the repair of a failing component. It could be adaptation and customisation of the asset to make it more effective in your application. Or it may be a complete overhaul or upgrade. 

Whatever the required solution, ERIKS’ know-how, engineering skills and product range will help you to implement it.

The best gets better

Implementation

The solution applied to your asset will be the best available to meet your needs and budget, and to fit your strategy. But that doesn’t mean it can’t be improved over time.

Once the asset is repaired or upgraded, or a new one installed, ERIKS will adjust its working parameters and control systems to help you optimise its operational efficiency and minimise its Total Cost of Ownership. And even then, we don’t walk away.

Operating conditions change. Production requirements vary. Components bed-in or wear. That’s why it’s essential to monitor the condition of your assets to provide the information you need about their ongoing condition and performance. 

We call this approach “Foresight and Insight.”

Foresight and Insight

Optimise and monitor

Foresight comes from data and experience. Data informs, experience guides, and the result is knowledge indicating the rate of change, location and severity so we know when something is going the happen.  

Insight then goes even further. It means that you not only know when it’s likely to happen, using the data and our knowhow you know what’s likely to happen, you know to what extent – and as a result you know how to be prepared to deal with it. 

That doesn’t mean you sit back and wait for it. 

Maintain

An essential element of product lifecycle management is maintaining your assets in accordance with the manufacturers’ schedules – often aided by the foresight and insight provided by condition monitoring. ERIKS’ engineering maintenance expertise can provide the specialist support and flexibility you need to keep your assets operating at their optimum efficiency for their entire service life. 

What goes around comes around. 

And that doesn’t just mean rotating equipment. 

Sooner or later – and with careful maintenance it should be later – any asset will reach a point where it’s no longer efficient, is unsafe, is at risk of obsolescence, or is simply at the end of its life. When that happens, you’ve come round again to the point where you need to review its current condition and performance, and ask yourself if it’s doing what it’s supposed to do and delivering against your requirements. If not, then you need advice on the most effective solution, or choice of options, to achieve your goals. 

And as we’ve also already said above, ERIKS has the industry experience, and the product and application expertise, to advise you.  So where do you go from here? Your local ERIKS Service Centre.