Session Title: From Assumptions to Action: Unraveling the Mystique of Asset Management

Abstract:

In an era where efficiency drives competitive advantage, Precision Drilling embarked on a transformative journey to revolutionize its asset management approach. Beginning with the implementation of SAP S/4HANA in 2018, the organization built a robust foundation for integrating enterprise-wide processes and achieving operational excellence. Through innovation, collaboration, and transformation, the company transitioned from mere data collection to actionable intelligence, reshaping decision-making around asset maintenance and lifecycle management.

Key Takeaways:

• Building scalable processes that adapt seamlessly to variations in operational models, ensuring flexibility for evolving business needs
• Financial optimization and asset lifecycle reporting to enable fact-based decisions, improving maintenance, reliability, and overall asset performance
• Exception-based reporting to drive actionable insights and meaningful operational improvements
• Implementation of a maintenance mobile app and interactive parts catalog to streamline workflows and enhance workforce efficiency
• Leveraging Asset Performance Management (APM) to transition from reactive maintenance to condition-based and proactive methodologies, maximizing the value of SAP S/4HANA

Speakers:

• Graham Macleod, Vice President, Asset Integrity and Supply Chain, Precision Drilling
• Lisa Boldt, Senior Manager, Asset Integrity, Precision Drilling
• Karla Palma, Senior Analyst, Asset Integrity Reliability, Precision Drilling

Session Title: Dow Chemical: Enhancing Asset & Spare Part Data Quality in a Complex

Abstract: Dow Chemical faced challenges in managing master data for spare parts and assets due to disparate processes, delays, and knowledge gaps from workforce transitions. To enhance efficiency and compliance, Dow partnered with Prospecta in 2019 and implemented MDO (Master Data Online) after evaluating multiple POCs. MDO streamlined data request processes, enforced automation and governance rules, and was successfully deployed across multiple countries. This transformation resulted in standardized data management, improved compliance, faster processing times, and reduced dependency on individual expertise, ensuring accuracy and consistency in Dow’s global operations.

Speakers:

• Ranjan Bakshi, CEO and Founder, Prospecta 
• Jordan Grey, Solution Expert - NA Supply Chain Management Center of Excellence, SAP

Session Title: The Future of Service Excellence with VASS, Powered by SAP 

Abstract:

VASS is proud to lead the conversation on end-to-end service excellence, exploring how businesses can revolutionize their service strategies with the right technology and expertise.

Key Takeaways:

• Build lasting relationships by enhancing customer satisfaction and responsiveness.
• Streamline technician operations and boost productivity with advanced tools.
• Implement predictive maintenance and real-time insights for best-in-class asset management.
• Transition seamlessly from legacy systems to future-ready, cloud-based solutions tailored for your business.

Speaker:

• Amit Venugopal, Managing Director and Chief Revenue Officer, VASS US and Canada

Session Title: Digitizing Work Processes: Insights from Four Case Studies

Speaker:

• Rich Padula, Founder, Mirata Software

Session Title: Bridging the Gap – Aligning Business and IT for Transformational Sucess in EAM

Abstract:

Technology deployments tend to lose traction or fail if there is a lack of alignment between the business Aligning Business and IT: Creating Impactful Use Cases for Asset Management and the IT leaders.  Regardless of where you are at in your transformational journey, you will have to engage other leaders in a future forward vision of digital progress and demonstrate a benefits tracking mechanism that the entire team can support. 

Key Takeaways:

• Optimized Operations Planning & Execution to drive agility, efficiency and reduce waste​
• Predictive Maintenance to enhance asset availability and utilization​
• Safe and efficient operations​through field mobilization
• Enhance asset availability and utilization ​

Speakers:

• Kirsten Baker, Partner, National Energy Leader and Operations Consulting, PwC Canada
• Melanie Popp, Director, Operations Consulting, PwC Canada

Session Title: It’s All About the Data - How to Increase Equipment Uptime, Maintenance Time on Task, and First-Call Resolution

Abstract:

Asset Master Data has often been ignored or sidelined, or left to Planners and Maintenance Workers to manage. This is due to the overall complexity and specialization of this data domain. As a result, the data is often not aligned to any standards like ISO14224, not logically and consistently represented in the CMMS (SAP Plant Maintenance, for example), and incomplete or even missing completely. Prospecta’s engagement with customers over the last 20+ years shows that 40+% of the data in our customer’s CMMS systems suffers from one or more if these issues. This results in challenges in addressing both break/fix maintenance, as well as having the proper parts and tools to fix things the first time. Planners and Maintenance workers often can’t find the parts they need due to inconsistent representation in short/long text descriptions, or not having the right equipment, assigned to the correct functional location, with a proper Bill of Materials containing accurate spare parts. 

Key Takeaways:

• Learn how Prospecta can partner with you to resolve brownfield issues in your systems and ensure your data remains clean moving forward
• Discover tools that make requesting new changes easier for business users, while streamlining processes for data stewards to improve automation and efficiency
• Ensure your SAP and other systems are fully populated and accurate, maximizing the value of your data
• Leverage AI-centric tools like Prospecta KAI and MDO, our next-generation SaaS data platform, to better understand, improve, and manage your data going forward

Speaker:

• Ranjan Bakshi, CEO and Founder, Prospecta