The Challenges

To overcome the imbalance in demand of the assets for maintenance and repair and the resources (people, material, tools and information) that have to supply the demand. The current reality in most organisations is that very little if any energy is applied towards overcoming the imbalance.
To adopt and adapt to new and somewhat complicated technology given the specific human resources employed in the area of asset management. Establishing an integrated approach to asset management where the current reality is totally segregated maintenance, materials, purchasing and engineering functions and improvement initiatives.

1. Achieving tangible and quantifiable benefits from improvement initiatives.
2. Operating in a pro-active rather than re-active mode when it comes to asset management.
3. Knowing what to measure and manage in order to move to a lower cost of ownership of assets.
4. Integrity of both data and information.