Valve asset management and contract management

Many of our customers choose to put the management of their valves in the capable hands of the IVS team.

IVS uses its comprehensive Valve Management System (VMS) to reduce customers’ overall expenditure by optimising valve life and performance.

Taking account of each valve’s history and service records, our unique Valve Management System smart tool produces a planned maintenance schedule that’s designed to:

• Help meet business goals and environmental targets
• Reduce maintenance and inventory costs
• Support capacity planning
• ·Manage obsolescence
• Minimise downtime
• Optimise the upfront purchasing of spares
• Ensure new valves are specified correctly

In addition to cost savings, customers also benefit from regular communication with IVS’s workshop team collaborating closely with all the relevant customer teams and managers.

The VMS process, which includes an in-depth Root Cause Failure Analysis, also identifies further improvement opportunities.

In addition to fixed-term valve management contracts, IVS also manages Shutdowns, Turnarounds and Outages – find out more.