Mining companies typically use documented equipment metrics to monitor the performance of their equipment fleets. It varies company to company, and may be referred to using different terminology, but companies typically use a model sometimes called a Time Allocation Model or simply “TAM”.
Data related to equipment hours is gathered via paper log sheets or Fleet Management Systems and allocated to a group of measures from which KPIs are derived. Six common measure groups are Operating, Delay, Standby, Downtime, Planned Maintenance and Unplanned Maintenance.
All the measures added together equal total Calendar Time and can be used in various formulas to create KPIs such as availability and utilization.
Fig: An Example Time Allocation Model
Many mines calculate equipment performance metrics by manually typing numbers into a spreadsheet and creating a chart. This process doesn’t easily allow for detailed analysis or comparison with historical performance to aid decision making.
GEOVIA Mining Intelligence has a Production Intelligence function that can be configured around a mines’ particular Time Allocation Model enabling detailed analysis of Equipment Performance.
GEOVIA Mining Intelligence aggregates collected data into a more manageable visual representation assisting with making decisions that improve business performance, and thus profitability. The proprietary 3DEXPERIENCE reporting technology underlying the platform uses index files to ensure fast responsive reporting.
The Model can be filtered by Equipment Fleet or individual equipment to further drill into the data.
Charts and graphs can be associated with the data to provide a view of equipment performance.
Some of the many benefits to using GEOVIA Mining Intelligence include:
• Visually view Equipment Performance information
• Interact live with Equipment Performance data
• Built in to the 3DEXPERIENCE platform
To learn more about Mining Intelligence and the Production Intelligence function, please contact your local GEOVIA representative.