81162325-terotechnology.ppt

8/17/2019 81162325-Terotechnology.ppt

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A Presentation on:


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Greek tero/tērein; I care/watch over,take care of

It is applied on production & serviceprocesses.

Terotechnolog co!"ines!anage!ent, #nancial, engineeringand other practices applied toprocesses/phsical assets in pursuitof econo!ic life ccle costs.


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It provides a holistic view of the i!pactof !aintenance on the !anufacturingprocess and to perfor! never$endingi!prove!ent cost e%ectivel.

It can "e applied on di%erent tpes ofproduction processes and service

provision, such as che!ical processes,!anufacturing, power plants, watertreat!ent plants, transport, "anks, etc.


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Terotechnolog is a "ranch of appliedscience for !easuring the

operational values of phsical assets. It is concerned with activities such as

the installation, !aintenance andreplace!ent of those assets.


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The practice of o"taining over theirlifeti!e the use of phsical assets at

their lowest total cost to the"usiness entit through aco!"ination of !anage!ent,#nancial engineering and other

disciplines.


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aintenance in Terotechnologcovers !aintenance !anage!ent,

!an$!achine$!aintenance$econo!interfaces, relia"ilit and risk!anage!ent, data !anage!entand data"ases opti!i'ation,

condition !onitoring, condition$"ased !aintenance and its i!pacton co!pan(s "usiness


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A )terotechnician* looks at tangi"leassets of a co!pan or "usiness

such as "uildings, e+uip!ent andvehicles and !easure how theseite!s will provide a net value forcertain ears until the need to "e

replaced.


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ain o"ectives of its applicationare:

-I!prove and !aintain the +ualit ofthe ele!ents involved in a processI!prove and !aintain process(s

technical & econo!ic e%ectiveness01ontinuous & cost$e%ective

i!prove!ent of co!pan(spro#ta"ilit and co!petitiveness.


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Part of terotechnolog is called life$ccle costing which includes

attention to depreciation and other!onetar para!eters. 1o!panies use these para!eters to

understand how ownership and use

of a piece of e+uip!ent or otherphsical asset during that period ofti!e will a%ect their "otto! line.


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There are pri!aril three tpes ofcosts:

-Ac+uisition 1ost3perating 1ost04isposal 1ost


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aor part of terotechnolog is inunderstanding the role of !aintenanceand the value of a warrant. an largerpieces of e+uip!ent and other phsicalassets co!e with warranties o%ered "the !anufacturer or vendor. In

terotechnolog, the wa in which thesewarranties provide value relative toproected costs is e5a!ined.


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Terotechnologutili'es what is called

a "ath$tu" curve,which is used toindicate the failurerate for e+uip!ent or

!achines.


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Terotechnolog represents adi%erentiation "etween all of thephsical assets that a "usiness ownsand other assets that are intangi"leand not associated with operatingcosts.

The science of evaluating phsicale+uip!ent is a wa to !anage theinevita"le and necessar ownership offunctional propert.


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Terotechnolog is a holistic approachon operational asset !anage!ent

with ke e!phasis on #nancialaspect of e6cient !aintenance. It is the "read$and$"utter of cost

opti!i'ation of overhead e5penses.


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Systemekonomi " 7asi! Al 8aar,Ph.4.

http://www.wisegeek.co!/what$is$terotechnolog.ht!


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81162325-terotechnology.ppt

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