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News Release from: Knowledge Based Management | Subject: KBAI risk based technology
Edited by the Buildingtalk Editorial
Team on 29 September 2006
Royal Mail introduces KBAI risk based
technology
Within six months this has resulted in increased availability of critical lift systems due to a 50% reduction in breakdowns.
Royal Mail introduces the risk based technology of KBAI into its Asset Management regime Pilot programme on the critical lifts within Royal Mail's asset portfolio provides direct cost benefits and supports further roll out of other critical asset groups across its property estate
This article was originally published on Buildingtalk on 22 Jul 2003 at 8.00am (UK)
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Following analysis of fault data, Knowledge Based Management, a Lloyds Register Capstone joint venture with WSP group, were commissioned by Keith Elliot, Head of Facilities management at Royal Mail to reduce the operational costs and the reactive workload of managing over 500 lifts within its asset portfolio.
Within six months this has resulted in increased availability of critical lift systems due to a 50% reduction in breakdowns.
Planned maintenance costs were also reduced by over 50% over the same period, with no lessening of service.
Aside from the direct impact on the bottom line, Royal Mail also obtained a number of non-financial advantages from the initial project:.
* A demonstrated ability to introduce innovation and change to the management of its property portfolio based on customer requirements.
* This change has been recognised outside Royal Mail by its peers and evidenced by:.
- gaining the FM industry Partnership Award for Expert Services for its work on KBAI with KBM.
- other blue chip companies following Royal Mail's lead and implementing KBAI technology.
The success of KBAI in this endeavour has led to the implementation of the technology and principles to a number of critical assets within Royal Mail's property estate "It is not often that you come across truly innovative ideas such as this in the field of asset management".
"KBAI has proved itself as a cost effective means of managing risk across large scale asset bases" - Keith Elliott, Head of Facilities management, Royal Mail.
It has also led to the technologies being considered by a range of blue chip facilities and infrastructure companies including a project on part of the assets belonging to the Highways Authority of the United Kingdom.
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