About Asset Management:

• Foundationally Asset Management is all about the asset and its intended value.  It is about getting the ‘value’ that was originally envisioned during the asset purchase decision time frame: throughout the asset’s life-cycle.  
• We want to accomplish this optimal asset value while minimizing the operating (including fuel) costs and maintenance costs and working such that we mitigate the risk of safety or environmental issues.  During its’ operation: creating asset value requires an organizational ‘team effort’ from many stakeholders from your enterprise (not just the maintenance and operations folks!). 

Don M Barry

President and Principal Consultant, Asset Acumen Consulting Inc.
Asset Management Thought Leader, Author, Mentor

Donald Barry is President and Principal Consultant with Asset Acumen Consulting Inc., supporting Risk and Reliability Strategies, ISO55000, and Strategy consulting, Maximo, and Asset Performance Management solutions.  Previously the Global Lead for IBM’s Asset Management Center of Competency and an Associate Partner, leading IBM Canada’s Supply Chain and Enterprise Asset Management Practice (for 15 years), experienced at creating asset management solutions, distribution process improvements, and developing inventory reduction strategies with increased service levels.  He specializes in solving asset management, distribution, and asset re-utilization business problems.  His in-depth experience includes world-class inventory optimization and re-utilization techniques as well as leading the coordination of many service business mergers and divestitures.  He has over 42 years in service delivery support systems and application development including three years in field service management and 15 years directly in business process development and supply chain management.

Mr. Barry’s direct client list of industries includes Upstream Oil and Gas, Pipelines, Power Generation and T&D Utilities, Mining, Airlines, Computer Electronics Manufacturers, Steel Manufacturers, Municipal, Federal and Provincial Governments.

Areas of Specialization 

• Supply Chain Operations
• Maintenance Parts Management
• Enterprise Asset Management
• Instructor of the University of Toronto’s “Physical Asset Management Certificate” program and the “Maintenance Parts Excellence Program” as part of the “Maintenance Masters Program” at UofT.
• Was the prime contributor to the 2nd edition of “Asset Management Excellence – Optimizing Equipment Life-cycle Decisions” published in late 2010, CRC Press.
• Worked as the Asset Management Lead for the Calgary based IBM Natural Resources Solution Centre
• Worked as the Asset Management Global Center of Competency Lead for IBM Global Business Services (2015 – 2018) 
• Merger and Acquisition 
• Change Management
• Reliability-Centered Maintenance (RCM2) Practitioner

Asset Reliability focus on:

• Energy “spend” (what do we spend on utilities?)
• Asset availability (are we operating 7/24?)
• Asset life (are we capital intensive?)
• Production line speed/output (can we push through more volume with better asset performance?) (is there a market?)
• Quality of output, i.e. rejects, rework, returns, loss, giveaway, shrinkage, yield, waste (i.e. what is the cost of poor quality?)
• Warranty recoveries

Asset Production support focus on:

• Operator/trades utilization & efficiency (are we labor intensive?)
• Response time (how spread out are our facilities?) (can we automate or predict likely failures?)
• Safety (what do we pay in workers comp?)
• Spare parts inventory level/turns (are we inventorying the right spares to avoid catastrophic downtime?)
• Inventory service level (are parts there when we need them?)