Many chemical companies believe the answer to making their business run better is hidden somewhere in the mountain of operations data they have collected. However, identifying the most relevant and accurate data to transform maintenance and repair strategies has proven to be difficult for the broader chemical community.
John Harrison, Senior Solutions Specialist at SAP, in a recent article raised two key questions regarding the issue that every chemical company should be asking themselves:
- Am I gathering enough data to generate calculations?
- Am I collecting the correct data?
SAP has worked with a handful of global chemical companies to define 30-40 cross industry maintenance KPIs to ensure companies are analyzing the correct data to make smarter business decisions.
With these predefined KPIs and the power of SAP HANA the questions companies can ask their data are endless. For example, Do cold winters increase the need for maintenance?
To get a deeper insight into the Data Issue and to hear Nova Chemicals journey with SAP EAM be sure the read the article.
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