How Pharma giant cut costs by 48% with risk based inspection

Sponsored by: Lloyd's Register

Focused on:

  • Risk Based Inspection

Date: 19 November

Days to go: 24

Time: 3PM London/10AM New York

Reaping the benefits of moving from a time to risk-based inspection approach with LR AllAssets™

• Are you using time-based inspection but experiencing equipment downtime and failures?
• Are you focussing resources and spend on the right equipment?
• Is your perception that it’s too hard to move to a risk-based approach?
• Did you know that typically fewer than 20% of assets drive 80% of the risk?

Chances are if you are using a time-based inspection regime you are over inspecting without reducing the risk of failure or preserving facility uptime.

This webinar explores how a pharmaceutical giant achieved a 48% reduction in inspection related costs for their critical fixed equipment (FE) and piping systems while enhancing safety, by moving from a time-based to a proactive risk-based approach.

Presented by

Oswaldo Rodriguez,

Commercial Product Manager, Lloyd’s Register

Oswaldo is a software engineer with more than 15 years’ experience developing enterprise software. Over the last 8 years, with Lloyd’s Register, he’s driven the introduction of new Cloud-enabled, SaaS Asset Performance and Risk Management products to the market, from concept to design, MVP and market validation, driving the Go-To-Market plan with development, sales, marketing, and operations.

Key Learning Objectives

  • How to create a risk driven mitigation plan, including ‘what if’ scenarios for future operations
  • Best practices to move from a time to risk based approach to inspection
  • How to deal with incomplete or unavailable data when making the transition
  • How you can digitise your processes and manage your RBI programme within a single system


  • Maintenance Manager
  • Reliability Manager
  • Shutdown Manager
  • Operations Manager
  • Asset Manager
  • Pre-Operations Managers
  • Late Life Asset Managers
  • Reliability Engineer
  • Maintenance Engineer
  • Production Engineer
  • Shutdown Coordinator Manager and Director
  • Plant Manager
  • Mechanical Integrity Manager