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Asset life cycle management at PPG AC EMEA : the design of an asset life cycle management tool to prioritize asset lifetime impacts based on the lifetime impact identification analysis (LIIA)

Jakubeit, Nina (2018) Asset life cycle management at PPG AC EMEA : the design of an asset life cycle management tool to prioritize asset lifetime impacts based on the lifetime impact identification analysis (LIIA).

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Abstract:The need to make more effective decisions on physical assets is being recognized increasingly, supported by the fact that it connotes significant financial value. Hence, the right management of these assets is essential for each organization. PPG, an American paint and coatings producer with factories in the Netherlands and other European countries, has also recognized the need for an increased focus on their installed base of technical assets. In order to do so, new investments in the factory should show clear benefits beyond a simple one-to-one functional replacement of machines, as is still common practice at the moment. PPG has shown interest in designing a decision-making tool that can prioritize impacts affecting the remaining lifetime of their technical assets. Identifying those priorities can support local teams to make better investment decisions, and could help general management make better decisions on their manufacturing footprint. Therefore, the main research question answered in this master’s thesis is: “How can the asset decision-making process at PPG be structured to guide to more effective asset investments?” The aim of this master thesis is twofold, that is on the one hand to develop theory by designing an asset decision-making tool, and on the other hand to apply theory by testing the decision-making tool at one of PPG’s paint factories. The designed decision support tool was implemented and tested at PPG’s Amsterdam factory and showed promising results. In the case of this PPG paint factory, which is still reliant on manual labor, many organizational lifetime impacts were identified in particular. Based on the results of the tool and personal observations at the company as a business expert an advice is presented, consisting of a strategic roadmap for the Amsterdam factory .The advice focuses on low tech solutions like shop floor management and total productive maintenance (TPM) in order to counteract the risk of having not enough technicians in the short-run. All in all, the designed support tool helped to better structure the asset decision-making process at PPG, and to support effective decisions on technical assets. This indicates that the tool can also be implemented at other PPG sites.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:50 technical science in general, 85 business administration, organizational science
Programme:Industrial Engineering and Management MSc (60029)
Link to this item:http://purl.utwente.nl/essays/76870
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