What will be the evolution of your Asset Risk and Reliability culture? Companies purchase assets to create ‘value’. This ‘value’ is why the enterprise strategically exists in their market. Asset Management has always been about leveraging people, process and technology to keep an organization’s assets running. That certainly is true when working to ensure
What is Total Productive Maintenance (TPM) today? TPM can be foundationally called - ‘Reliability’ by Operator! Today - It is often a lost cultural focus in many North American operations. Leadership can help this! Total Productive Maintenance (TPM) is a highly powerful working philosophy and part of an organization’s culture for managing maintenance, operations
Executing Asset Management Maintenance is fundamentally a parts and labour business. It is most often difficult to do maintenance of mechanical assets efficiently without the required parts close by. Typically executing maintenance is 40% labour costs, 40% parts related costs (usage and management) and 20% other support costs such as infrastructure and
