As announced in April at Meridium Conference 2010, Meridium has commissioned the Virginia Tech College of Engineering and the Texas A&M Mays Business School to conduct research examining how asset-intensive companies manage the overall performance, safety, reliability and maintenance of their production assets. Research teams from both universities will be conducting surveys with practitioners, managers and executives across the spectrum of asset-intensive industries including: oil & gas, chemical, power & utilities, metals & mining, paper/forest products, pharmaceutical and consumer goods/general manufacturing. Joel A. Nachlas, Ph. D., will lead the team from the Grado Department of Industrial and Systems Engineering at Virginia Tech. According to Dr. Nachlas, "One of the primary goals for the research is to identify the effective corporate cultural traits and organizational structure that helps companies manage asset reliability to assure safety, achieve predictable production and attain consistent quality." Beth Koufteros, Management Department, Mays Business School, Texas A&M University, said, "Survey respondents will provide valuable experience and expertise on current industry standards, helping us to gain valuable insight into asset performance management best practices." Confidentiality of the information provided during the surveys will be preserved. Individual responses will not be revealed, but only combined with the larger dataset to learn about overall practices. In appreciation for their time and participation, survey respondents will receive a complimentary copy of the research analysis and benchmark data. Researchers have designed the survey to be completed in approximately 15-20 minutes. If you are interested in participating in the research and receiving a copy of the report, please contact Meridium at survey@meridium.com and you will be connected with survey administrators at each university.
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