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How to Uncover Improvement Areas Based on Your Asset Management Maturity Level

How to Uncover Improvement Areas Based on Your Asset Management Maturity Level

What’s the current level of your asset management program Are you in the beginning stages Is your program pretty good but you need improvement Or do you already have a world-class program Understanding where you are as an organisation is important as it will determine the right direction for your asset management improvements If you are just starting out, there is no point trying to implement improvements as if you were a world class operation And even if you already ....

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On-Demand Recording: How BlueScope Identified the Critical and Eliminated Waste Leveraging ISO 55000

On-Demand Recording: How BlueScope Identified the Critical and Eliminated Waste Leveraging ISO 55000

By removing the siloed approaches that exist in many plants, asset intensive companies can gain a comprehensive view of asset integrity across the entire facility At the recent Mainstream Conference, Andrew Schweitzer, Cold Reduction Maintenance Strategist from BlueScope spoke about how the company broke down the requirements of ISO 55000 to identify and develop a strategy for their critical equipment 

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The Stats Are In: Less Is More When It Comes to Maintenance Spending

The Stats Are In: Less Is More When It Comes to Maintenance Spending

What if I told you the top performing asset management companies spend less money on maintenance and get better results from an operations perspective Sounds too good to be true, right According to data from Solomon and Associates, this is absolutely the case Solomon and Associates are the gold standard of benchmarking, particularly in the oil industry 98% of the refineries in the world subscribe to the Solomon Study, and executives make decisions based on their standing in the Solomon ratings ....

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On-Demand Recording: Getting Company Wide Buy-In for Asset Management with ISO 550001

On-Demand Recording: Getting Company Wide Buy-In for Asset Management with ISO 550001

The Gladstone Area Water Board (GAWB) is the first water service provider in Australia (and the second in the world) to achieve ISO 55001 certification  The journey to certification provided for a collaborative engagement and company wide buy-in from the Board level to the shop floor, in asset management GAWB utilised already developed practice and process, along with existing certified systems, to demonstrate compliance to the standard, identify gaps and develop documentation to meet the standard Stakeholder engagement included not ....

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7 Simple Questions To Help You Choose the Right Asset Management Metrics

7 Simple Questions To Help You Choose the Right Asset Management Metrics

The one thing I’ve learned throughout my career in asset management is that if you don’t measure something, people don’t do it As soon as you stop measuring it, people will quit doing it You may be measuring something this month and people start gradually improving – then you stop measuring it, and what happens A month or two later that metric starts going down again “Measurement is the first step that leads to control and eventually to improvement If you ....

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