Asset Information Workbench

Manage Your Enterprise Assets

Value Calculator - SAP® Asset Information Workbench by Utopia

This model is designed to explore the estimated business benefits for the implementation of SAP® Asset Information Workbench by Utopia, based on a few asset data governance metrics.

The model is interactive and any figure may be changed any point with the resulting impact on the benefits shown immediately. Where is the numeric input as requested, you can enter an integer value into the box.

You may use the Print option within your browser at any time to print the information that is displayed.

You can use the Save / Load buttons to save the values that you have entered into local storage on your personal computer. Once saved the data to maybe re-loaded into the model. Please note that your data is only saved locally and can't be transferred to another computer.

The model includes some preset data values and likely improvement ranges that you can be changed by using the assumptions button to open the panel containing that information.

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Savings from reduced downtime

In this section we review planned and unplanned downtime. Please complete the following to calculate your potential savings.

KPI	Value
Annual revenue (in $M)
Operating margin (in %)
Average number of working days in a year
Average annual planned shutdown over-runs (days)
Unplanned downtime or outages (% of planned operating hours)

Ramp-Up Time

In this section we review ramp-up time. Please complete the following to calculate your potential savings.

KPI	Value
Average ramp-up period for capex projects (in days)
Average capital expenditure for last 3-5 years (in $M)
Average annualized return expected from a Capital Project (in %)
Average output during ramp-up period of capital project (as % of design or planned output)

Maintenance Repair and Overhaul

In this section we review maintenance repair and overhaul. Please complete the following to calculate your potential savings.

KPI	Value
MRO inventory value associated with production assets
Average premium costs for expedited purchases (as % of original cost)
Expedited MRO inventory (% of total MRO inventory)
MRO inventory value associated with production assets
MRO inventory impacted by poor master data quality (in %)

Master Data Remediation

In this section we review master data and remediation. Please complete the following to calculate your potential savings.

KPI	Value
Rework effort on fixing erroneous entries in asset master data for capital projects (in %)
Average capital expenditure for last 3-5 years (in $M)
Average cost associated with building asset master data (as % of project capex)
Average cost of erroneous data remediation (as a multiple of initial effort)

Improve Wrench Time / Craftsmen Productivity

In this section we review wrench time improvement. Please complete the following to calculate your potential savings.

KPI	Value
Time spent on searching and waiting for information (in %)
Total number of maintenance personnel
Average Maintenance FTE cost (annual)

Results

Estimated Total Savings

Based on the information that you have provided we estimate that the SAP Asset Information Workbench by Utopia will enable you to achieve the following savings.

Total Savings

$1,550,000

Learn more ...

Value Driver	Conservative Savings	Likely Savings
Reduce Planned Downtime Schedule Over-Runs (STO, Planned outages, etc.)
Reduce Un-planned Downtime Or Outages
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Item	Conservative Savings	Likely Savings
Accelerate Ramp-Up Time to Full Production Capacity for Capital Projects
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Value Driver	Conservative Savings	Likely Savings
Reduce Expediting Cost Associated with MRO Inventory
Optimize MRO Spares Inventory
Sub-Total

Value Driver	Conservative Savings	Likely Savings
Reduce Asset Master Data Remediation Cost
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Value Driver	Conservative Savings	Likely Savings
Improve Wrench Time or Craftsmen Productivity
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Value Driver	Conservative Savings	Likely Savings
Potential profit lost due to asset unavailability
Potential return on investment lost due to lengthy ramp-up period
Potential cost associated with expedited MRO purchases
Potential cost associated with fixing errors in asset master data
Potential non-productive cost associated with labor
Revenue lost due to asset breakdown/unplanned downtime
Working Capital locked due to excess MRO inventory
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