Strategic asset management is a mindset that is based on the belief that physical infrastructure assets help achieve business goals. Asset management is a crucial ability in this holistic perspective and is supported by the BS 65000:2014 guidelines on Organizational resilience.
Whatever your goal is to read new article at thekey-partners.com reduce downtime, lower repair costs, improve productivity or increase equipment reliability it is possible to achieve all of them through efficient maintenance. It is important to understand the performance and needs of your assets. This means creating a complete and complete inventory. It also requires developing strategies to acquire new assets – with an emphasis on the long-term value and aligning to the business’s goals – and also for maintaining and extending the lifespan of existing ones.
Once you have a solid foundation and a solid foundation, you’ll be ready to move from a reactive approach to a proactive one. This is about avoiding common pitfalls for example, not coordinating maintenance tasks and strategic goals, not understanding the data or not regularly comparing baseline reporting.
You can avoid these pitfalls when you integrate your strategic asset management into an automated Maintenance Management System (CMMS) that is designed to connect all the pieces of your puzzle. You’ll then have the transparency and visibility required to not only spot opportunities for improvement but also help you make your case when it’s time to justify your next budget request.
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