Why Your Business Needs LORA (Level of Repair analysis) Modeler Software
Oct 08, 2019 17:40
LORA (Level of Repair Analysis) is a scientific methodology applied to determine when the item shall be replaced, also repaired or even disposed of based on the cost considerations and availability requirements.
For a complicated engineering practice with thousands of assemblies, assemblies, and components organized at different levels, taking into account several possible repair solutions, LORA seeks to determine the optimal conditions for repair and maintenance to minimize overall costs to a minimum life cycle.
Logistics staff not only study the cost of the part being replaced or repaired, but also consider all the elements necessary to ensure proper work performance. This includes staff qualifications, tools for completing a task, equipment for testing products, and refurbished tools to house the entire process.
The Level of Repair Analysis process produces the best solution to support the system. Determines where all the necessary maintenance actions will be performed, the material resources that must be available to help service performance, and the support infrastructure that must be maintained throughout the life cycle of the system. LORA results are documented and used as the basis for developing material resources to support the system.
The LORA process begins with a selection of service options. Systems have 2 or 3 service levels. LORA decides on each element of the system, indicating where each component will be serviced.
Benefits of using LORA Modeler:
-Save time and effort in data entry and analysis thanks to a convenient and intuitive interface Increased accuracy over single-point solutions provided by other tools
-Simplify level and site repair solutions with integrated analysis for beginners and mid-level logistics/analystsReduce installation time and cost with SaaS web platform
-Boost your productivity with a secure online system
-Eliminate duplication of effort with a standard data model
-Reduce training and problem-solving time with technical support and professional experience.
Ways to Use Laura ModelerPerform a repair level analysis (LORA) using the LORA Modeler to determine the optimal service concept with repair/disposal options, as well as spare part requirements and life cycle costs for specific availability requirements.
Using LORA Modeler, you can collect product and data sites from service providers together or use the intuitive user interface to enter the same information.
Also, LORA Modeler allows you to configure many parameters for the service concept and use the reliable mechanism of the analytical model, which ensures optimal performance of cost curves and the influence of decision points on availability and cost.
This powerful tool allows you to get an idea of the consequences of slowing down, speeding and making the system available at all costs, or vice versa. Using the parameters of sensitivity analysis, analysts can get huge benefits, saving time by only modeling many scenarios of changing working conditions and reliability of the analyzed elements.
LORA strives to decrease life cycle expenses through optimal maintenance, repair, and also obsolescence plan. It allows the owner or builder to assess the overall investment risk associated with project timing and the need to finance the project. Prepare a detailed critical path schedule detailing the tasks, steps, and comprehensive review stages needed to complete the project. The table consists of the duration of the stages, which are associated with virtual dates, which provide a brief overview of the process from the opening of the site to the end of construction.
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