Solve. Achieve. Sustain.
What’s Stopping Your Organization from Improving?
A View From the Shop Floor on What is Preventing Improvement
I recently had a very interesting discussion with a craftsman at a large automotive manufacturer. During this discussion, he outlined a few of the issues he saw in his plant, and why they weren’t able to overcome them.
The craftsman indicated that he had been reading my previous posts and that it all made sense. In fact, he stated, ” it is common sense, but we don’t have that here”.
His organization was unable to make the changes in a sustainable manner. I […]
Learning about Asset Management
My personal insights on Asset Management
NOTE: This post will be a little different from my normal posts. Instead of discussing a specific topic, I will be covering my journey in understanding Asset Management and some key takeaways from the journey.
My Journey in Asset Management
I first heard about asset management when I came across PAS55, a Public Available Standard from the UK. I was trying to find some information on a cross-functional maintenance program. As I briefly read about it, I was intrigued and started to read about more asset management. It was exactly […]
Assessing Your Asset Management System
What You Must Know About Assessing Your Asset Management System
Often times organizations what to determine where they in their journey of asset management. This usually takes place in the form of benchmarking or assessing their asset management system against the standard. Before progressing any further, it is important to understand the difference between an assessment and an audit;
- Assessment is defined as a systematic process of collecting and analyzing data to determine the current, historical, or projected status of an organization or system.
- Audit is defined as an inspection and examination […]
The 39 Subjects of Asset Management
Understanding the different functions and disciplines of asset management
The Global Forum on Maintenance and Asset Management (GFMAM) has worked with the major bodies (SMRP, PEMAC, IAM, etc.) to achieve a consensus on the major subjects within asset management.
These subjects are intended to describe the complete scope of topics within asset management. You can download the GFMAM guide for free here. It is important that anyone who wishes to understand asset management has an understanding of each of these topics, and hopefully some experience in each.
However, it is not expected everyone […]
The 7 Requirements of an Asset Management System
Understanding the Requirements of the ISO 55001 Standard
When looking through the ISO 55001 standard, one may quickly become overwhelmed with the requirements. The ISO 55001 standard was written in a way that groups the requirements. Making it easier to understand & implement the standard.
This is different that subjects found in asset management (which we will discuss next week). These are the requirements that must be met if one to certify themselves against the ISO 55001 standard.
Context of the Organization
Since asset management is an organizational system, it is imperative that the organization takes into […]
The Key 3 Asset Management Documents
Understanding these asset management documents will set the stage for an asset management program.
Aligning an organization is a critical step to implementing and ensuring the success of an asset management system. Various change management techniques will be used to bring about the change, but how do you ensure the message, direction, and principles of the asset management program are communicated consistently and clearly?
There are 3 key documents in any asset management program;
- Asset Management Policy
- Strategic Asset Management Plan
- Asset Management Plan
While the length, size, and level of detail will vary between […]
Making Asset Management Work
Understanding the Concepts and Principles of Asset Management
In order to implement an asset management system, it is vital to understand what is involved in an asset management system. The aspects involved have been tested over time through many different industries. These industries have proven to be what it takes to be successful.
So let’s see what it takes to be successful in asset management
Characteristics of good asset management
- Cross-Functional – Asset management across functional boundaries, and is focused on extracting maximum value from the asset.
- System based – the system is applied consistently […]
Why Do You Need An Asset Management Program?
Understanding the Business Benefits of an Asset Management Program
Have you tried to upgrade / replace a piece of equipment due to the high cost of maintenance? What about having the process stopped by procurement because they are not aligned with the high upfront cost?
While there is a generally a common goal of ensuring the long-term success of an organization, the approach is not always cohesive. An asset management program is there to ensure an integrated and cohesive approach is in place. This cohesive approach ensures the organization is working towards a common goal.
A few […]
What is Asset Management?
Understanding the Value of an Asset Management System
All stakeholders have different perspectives, and as a result, place value on different aspects of an asset. Trying to balance all the requirements is not an easy task. Whether the requirements are performance, cost, or the level of risk. Keep in mind, that performance can not only be uptime or OEE, but the beauty of a park, or the condition of a road. This is where asset management comes in.
What is Asset Management?
To understand, what Asset Management is, we must first under what an asset is. […]
Ethics In Maintenance? Are You Kidding?
How Ethics Influence The Reliability of The Plant
Ask almost any maintenance professional in your operation what they think about ethics. Chances are the answers will not have anything to do with their job and their role in maintaining equipment.
Ethics play an important role in many professions, such as doctors, engineers, lawyers, etc. Ethics are not typically thought of in maintenance, but in reality, ethics does have a place in maintenance. To understand where ethics fit into maintenance, you first have to understand ethics.
What is Ethics?
Ethics is the study of what is […]