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Asset Performance Management

Holistic APM solutions for your organization

Today’s highly complex and digital landscape is pressuring asset-intensive organizations to consider new strategies and models to remain competitive. Leading organizations are looking for ways to drive down costs, improve availability, maximize performance and assure operability.

GP Strategies’ APM Optimize™  improves the performance and integrity of your workforce and equipment assets. Our turnkey solution extends beyond software and focuses on integrating business processes, organizational structure, and workforce optimization into the design. By maximizing the APM lifecycle, we deliver end-to-end optimization of assets to ensure they reach their full potential.

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reduction in maintenance costs
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reduction in unplanned downtime
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improvement in equipment availability

Asset performance management strategies tied into business goals

Baseline

Strategy

Execution

Optimize your asset lifecycle with APM Optimize™

A successful APM program framework should support the entire asset lifecycle: from the time the asset is engineered, built, and installed to being operated, maintained, and retired.

Combining our best-in-class knowledge, innovative software, and service delivery, we developed APM Optimize™– a sustainable program that covers the entire APM lifecycle in one powerful solution.

Aligned with ISO 55000 series, ISO 14224, ISO 8000, KKS, SAE, and other industry standards, APM Optimize helps prioritize asset performance management goals and implement proven methodologies for operational growth and success.

At any point in an asset’s lifecycle, the design, operation, and maintenance strategy may need to be reviewed and adjusted to achieve full asset optimization. To help the asset meet or exceed its design life expectancy, we approach APM as a continuous process, with opportunities for improvement throughout the journey.

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APM Software: Data & Analytics to Improve Reliability and Efficiency

The APM Optimizer Suite from our partner, Nexus Global, provides a fully integrated approach to developing, implementing, and managing your APM program. This unique suite helps optimize your business road map, equipment data, equipment strategies, work planning, and incident investigation initiatives for timely, accurate asset performance management.

Its multi-tier architecture makes deployment easy, either as a service (SaaS) or an on-premise installation.

Achieving Continuous Improvement

A best-in-class APM program focuses on continuous improvement throughout the journey. Our comprehensive solution includes the software, strategies, tactics, and deliverables to help you achieve operational excellence – today and tomorrow.

Optimize with us

Case Studies

Explore our real-world client success stories

Business Impact
$4.2M
Saved in bearing replacement parts

Bearing Down on Inefficiencies

One of the largest North American steel companies was losing millions of dollars in lost time and production with a bearing issue throughout its plant. Needing a root cause analysis, they called on GP Strategies for answers and solutions.
Read the case study
Business Impact
$1.3M
Per year changeover cost reduction
$.5M
Per year furnace uptime cost reduction

Implementing Improvement Strategies

The client is headquartered in South America and its core business is to transform steel scrap and iron ore into steel products. The client produces long carbon steel, long special steel, flat steel, and forged and cast parts.
Read the case study

Insight & Innovation

Discover thought-leadership from our clients and team of experts

APM Optimize

Your asset management goals are to maximize the reliability and availability of your physical assets while reducing both cost and risk and simultaneously optimizing the performance of your people.

Episode #42 | Building a Technical Workforce to Achieve Asset Performance Management…

Many organizations have equipment they rely on, day-in and day-out, hour-to-hour, minute-to-minute. Any downtime could prove costly and maybe even disastrous. Maintenance and care for these assets is vital to keeping the health and ability for them to perform at…

Understanding the Relationship: Asset Management to Asset Performance Management

There are various schools of thoughts on what asset performance management (APM) is and how it relates to asset management (AM). ISO55000 defines asset management as systematic and coordinated activities and practices through which an organization optimally and sustainably manages…