What is Asset Lifecycle Information Management – ALIM?

Asset lifecycle information management (ALIM) assures high data integrity across systems and the associated people during the lifecycle of an asset from design, commissioning, handover, operations and de-commissioning.  A key function involves sharing of information so that all parties have the current document.  It also involves governance for authorization to read, edit or replace with an audit trail.

ALIM Needed in Design & Build, and Operations

Good ALIM helps assure an upgrade project or new plant is built on time, in budget and on specification.  Delays and rework are avoided when people have access to the current information when and where the need it.  During operations, ALIM improves the data integrity of the various systems to avoid conflicts and support delivery of quality products on schedule.

Asset Lifecycle Information Management is Different

Asset lifecycle information management enables asset-intensive organizations to optimize the returns from their substantial investments in equipment and facilities.  ALIM is needed by every asset-intensive organization to provide its people with good asset information.  ALIM may appear to be similar to other information management challenges, like customer information management and product information management, but asset information has certain characteristics that merit special attention.

Project Based Start / End
Continuous Monitoring & Execution
Portfolio Evaluation

Unique technical information forms and formats not supported by conventional information management platforms

Extremely long lifetime and stringent, regulated record keeping requirements

Extensive, complex cross referencing between documents and data that must be considered in information quality management processes and user interfaces

The need to support widespread duplication of information across a variety of locally-managed applications

Complex handovers of volumes of new and modified information during greenfield and brownfield projects

Many external stakeholders whose use and modification of asset information has to be closely monitored and coordinated with internal quality and security processes

STOR is designed to be Rapidly Deployable, Quickly Usable, Highly Adaptable and Instantly Affordable.

On Cloud, Pay-Per-Use SaaS for Plant, Product and Project Asset Lifecycle Information Management (3P ALIM).
Cost control is the practice of identifying and reducing business expenses to increase profits – STOR Cost Controlling provides information for planning and for determining the efficiency of activities while they are being planned and after they are performed.
Material Requirements Planning (MRP) is a production planning, scheduling, and inventory control system used to manage manufacturing processes. STOR MRP  advanced algorithm management tools allow items that are sub-supplied and also items manufactured internally to be used. Materials Surplus are checked during the construction of manufacturing planing process saving costs, time and resources.
Warehouse Management System (WMS) application is designed to support and optimize warehouse functionality and distribution center management. STOR WMS ensure materials are available for production and products are available for delivery to customers. Maintain the lowest possible material and product levels in store and help to plan manufacturing activities, delivery schedules and purchasing activities.

Commissioning assures that all systems and components of a building or industrial plant are designed, installed, tested, operated, and maintained according to the operational requirements. STOR Commissioning allows the registration of the commissionable objects, as well as micro-activities (check sheets) and equipment operational data for every commissioning task.
STOR MDB offers a comprehensive database with equipment, material and services properties at the user fingertips. Using STOR MDB engineers save time by avoiding searches through volumes of technical articles and books using data of 30.000 itens library system to produce required bill of material (BOM).
Document management system (DMS) is used to track, manage and store documents and is a key factor on a enterprise content management (ECN) strategy. STOR DMS allow companies to keep records of document versions, manage document authoring, approval workflows and it’s the source of information and documented knowledge.
Logistics is the flow management of things between the point of origin and the point of consumption in order to meet requirements of customers or corporations. STOR Logistics allows the project team to manage the procurement process for applicable items. It brings operational excellence avoiding delays in the manufacturing assembly and construction processes.
Materials to Site Management (MSM) integrates the flow of supplies into, through and out of an organization to achieve a level of service which ensures that the right materials are available at the right place at the time in the right quantity and quality and at the right cost. STOR MSM keeps track of every material which leaves your warehouse and is delivered to a third party such as an erection company.
Business intelligence comprises the strategies used by enterprises for the data analysis of business information. STOR BI makes it easy to explore data to get insights using advanced filtering and drill capabilities. Building astonishing and interactive dashboards to share information and key performance indicators (KPIs) with stackeholders gives data it’s real value.

Our first experience with STOR was in the expansion project of the niobium plant. Stor allows integrated management of information on a single and reliable database, which enables problems to be identified in advance, even in the project implementation phase. I consider STOR essential tool for our projects management.

Euler PiantinoGlobal Head of Projects - Anglo American PLC

STOR was used to manage the project of a Green Field Integrated Steel-mill Plant. We contracted from a Pellet Plant through Blast Furnace, Steel Making Plant, Seamless Pipe Mill up to Finishing Line. STOR supports us on the operation and maintenance of the plant's assets. In our experience STOR was the most efficient and economical way to run the project.

Otavio SanabioCEO Project Implementation - Vallourec S.A.