y Meridium Conference 2008 - Spare Parts Optimization with Meridium

Spare Parts Optimization with Meridium
Keith Lapeyrouse, Dow Chemical

This presentation will present Dow’s approach to spare parts optimization, which is a small but critical aspect to the overall asset reliability process at Dow. The spare parts optimization software that Meridium has developed as part of their Reliability Analytics module will be used by Dow to evaluate spare parts with the potential for significant economic impact. Dow includes spare parts optimization as a part of their equipment strategy development and plans to integrate usage-based, expert systems and distribution-based analysis into its spare parts optimization process.