Application

Knowledge transfer

Stelar facilitates the transfer of knowledge, mitigates the impacts of the retirement of experienced employees, overcomes the resistance created by technological change, and optimizes asset management at the operational level.

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What are the challenges addressed?

Knowledge transfer is strongly impacted by increasing employee turnover as well as the retirements of experienced employees. This transfer of knowledge plays a major role in the performance of asset management, as well as in the documentation of their life cycle. Specific issues include:

Issues

Lack of a centralized information tool: information on the status of assets and data structure is crumbled due to constant staff turnover and turnover. (7-7, fly-in fly-out, job changes, departures for other job opportunities, etc.)
Retirements: Experienced employees have a deep understanding of assets. Their departure can result in a loss of critical information about maintenance, history, and future needs. All their knowledge about assets that is not written down risks putting the sustainability of the company's assets at risk.
Asset safety risks: Unawareness of asset security characteristics can increase operational risks and compromise the safety of new employees and the environment.

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What are the costs associated with the issues addressed?

Costs associated with the absence of a centralized information tool, a common communication channel for asset knowledge: The loss of asset knowledge can lead to unexpected maintenance costs and unplanned downtime.
Calculation of years of experience lost by retirements: Cost of years of experience, i.e. 10 years x 4 employees = 40 years of experience in managing lost assets
Asset security costs: Asset management errors due to a lack of knowledge of security features can result in considerable costs, including regulatory sanctions.

*Data context

In a context where businesses are facing the massive departure of their experienced employees, the need to effectively manage the transition while optimizing asset management is crucial to ensure business continuity.

Solution to the challenges - Stelar

Stelar offers an integrated approach to successfully manage the retirement transition of experienced employees while optimizing asset management. Stelar's key features include:

Standardize inspection forms according to a directed methodology
Collect relevant data digitally
Automate report generation according to your criteria
Centralize information by asset (design plan, materials, year of installation, positioning, past report).
Qualify the health of the asset (health index, risk index, aging index)
Evaluate the residual life of an asset

Stelar benefits

Beyond quantifiable benefits, Stelar offers a wide range of tangible benefits allowing organizations to improve the reliability and integrity of assets so that they become more efficient.

Accelerate the search for relevant data
Check the condition of your assets
Improving decision making
Intervene and prevent proactively based on the real health of the assets
Ensuring control over the integrity and reliability of assets

Ensuring the safety of people and the environment
Improve communication between departments, managers, and rotating staff
Increase the value of your professional efforts
Ensure control over the delivery of your subcontractors
Maintaining the accountability and responsibility of managers

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Knowledge transfer

What are the challenges addressed?

Issues

Accelerate the search for relevant data

What are the costs associated with the issues addressed?

Solution to the challenges - Stelar

Stelar benefits

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