Strategic asset management is a mindset that is based on the belief that physical infrastructure assets help achieve board collaboration vdr online business goals. This holistic approach, that is supported by the BS65000:2014 Guidance for Organizational Resilience sees asset management as one of the main capabilities contributing to organizational resilience.
If you want to minimize downtime, reduce repair costs, improve productivity, or improve the reliability of your equipment, you can achieve all of these through effective maintenance. To do so you must be aware of the current performance of your assets and needs. This requires creating a precise and complete inventory. It is also crucial to develop strategies for the acquisition of new assets with an emphasis on their long-term value and their alignment with the business objectives.
Once you have a solid base on which to build, you’ll be able to move from a reactive approach to a proactive one. This involves avoiding common pitfalls like not aligning maintenance tasks and strategic goals, misinterpreting data, or not regularly comparing baseline report.
Avoid these pitfalls by incorporating your strategic asset management strategy into an automated maintenance management system (CMMS) that is designed to connect the different elements of your operational puzzle. You’ll have the visibility and transparency that you need to not just identify areas to improve but also to prove your argument when it comes time to justify your budget request.
(3)