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Asset Management / Life Cycle Cost
Asset Management

Asset Data Configuration – A Journey from Concept to Value Extraction (Part 1: Structuring an Asset Register)

An asset register that is structured correctly and inserted to a Computerized Maintenance Management System (CMMS) provides the basis for an effective asset data solution. An approach is provided in this article to structuring an asset register and determining asset criticality within a Facilities department which recognizes the importance of each site in relation to the overall mission of the estate.

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Condition Monitoring

Define and Measure KPIs and Goals for Condition Based Maintenance

Condition based maintenance offers a large array of benefits if done correctly. It is not enough however to know we are doing a good job. We have to be clear about our goals and we have to be clear about how we are going to measure if we are meeting our goals or not. There are all sorts of fancy software platforms with dashboards that can help us define and measure KPIs, and track and visualize them, but we have to actually use them! 

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integrity testing
Condition Monitoring

The Integrity Test Advantage  

Integrity Testing is a proactive approach to preventive maintenance for Plate and Tubular Heat Exchangers in sanitary processing environments. This process allows for the early identification of potential leaks and failures, serving as a cost-effective and environmentally friendly form of preventive maintenance.   

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Asset Management

The Critical Connection Between Digital Transformation and Sustainable Continuous Improvement

The transformation of our businesses from paper to digital is nothing new. What is new is the scope of what can and should be made digital. What was not even considered a candidate for digitization five years ago is now just another record in a database waiting to be retrieved for analysis. A casual picture of a leaking valve from a smartphone texted to a supervisor is now a critical maintenance record! Whether you are being forced into it because of market or regulatory forces or it has become a way of life at your company, you must have a strategy. 

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Asset Management

Data Preparation Strategies & AutoAI Advancements: Watson Studio Essentials

There are many AI and Machine Learning (ML) tools out in the market today, and many more are being created while you have been reading this article. While you may think AI/ML is still an emerging technology, you would be correct, but you may be shocked to realize the growing number and focus on AI/ML tools that are already in existence. What might you need to have in place before being able to take advantage of these new tools, and what might the process to adopt them look like?

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Preventive Maintenance

Preventive vs. Reactive Maintenance Part 4: Steam Generation Series 

In this article, we will examine how both proper boiler chemistry monitoring and conscientious steam system maintenance are necessary for reliable and safe operation.  A key takeaway, that hopefully has been a recognizable thread throughout these installments, is the importance of training.  Too often, the author has visited plants where the water treatment/steam generation personnel were undertrained and/or not given the proper tools for the job.

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Asset Management

Understand Your Goals with New Maintenance Technology

Why are you buying that new maintenance technology? What are you hoping to achieve? How will you measure success (or failure) both in technical terms and in terms of a return on investment? Although these questions are straightforward and obvious, my experience in the field suggests that many people cannot answer them adequately. They have some vague idea that a tool or technology will somehow solve their problems but they are not clear on what these problems are.

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Tor Idhammar

Torbjorn Idhammar is the blog manager for MaintenanceWorld.com.

A maintenance and reliability management consultant, Torbjorn has spent 25+ years in the profession and provides advice to clients around the world.

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Elizabeth Ruiz

Elizabeth Ruiz is the site administrator for MaintenanceWorld.com.

She is responsible for reviewing submitted content for the site and ensuring that it provides value to the readers of the site.

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Natalie Johnson

Natalie Johnson is the site administrator for MaintenanceWorld.com.

She is responsible for reviewing submitted content for the site and ensuring that it provides value to the readers of the site.

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