Aligning Asset Management Strategy with your Organisational Strategy

The ISO 55001 standard is all about having robust aligned and integrated processes to manage your assets in a coordinated fashion.

Common traits of organisations that deliver effective maintenance

Organisations that get results from their maintenance strategies understand that no two operations are the same. OEM recommendations offer a fair starting point for how our assets should be...

AMPEAK 2022: Key issues, themes and trends

It was great to attend the Asset Management Council’s annual AMPEAK conference in Canberra once again. Here are the key themes and trends from the event.

How to estimate the economic value of improved maintenance...

Using a value driver tree to estimate Economic Value Added can help reliability and maintenance managers build a business case for improvement initiatives.

Finding cost-effective solutions to supply management problems

Using past experience as a case study, let's take a look at how supply, warehousing and stock control can be improved from a shop-floor perspective.

6 tips to sell your asset management vision to...

Let's explore how we might go about selling the vision for asset management, and engage with senior leadership so that they can provide ongoing support.

What is the 5 whys technique?

The 5 Whys technique offers a simple, effective way to uncover the root of an issue. It is best used in troubleshooting and quality-improvement initiatives.

What does a maintenance supervisor do?

Every company has a different idea of what a mechanical supervisor is responsible for, but there is still a core focus that should apply to anyone in the role.

5 quick tips for an effective CMMS

Your computerised maintenance management system may be the right fit for your organisation, but it can only be as good as your end users and their training.

Getting the most value from your CMMS

There is no perfect off-the-shelf CMMS. Let's discuss how you can tailor your business processes to match your information system workflow, and vice versa.

6 key themes from Mainstream 2021

We were proud to once again participate in Mainstream. Here are some of the key themes discussed at this year's conference.

What does a good asset management strategy look like?

In this article, we offer a detailed example of what a good asset management strategy may look like in the context of ISO 55000 and ISO 55001.

Asset management strategy vs. Strategic Asset Management Plan (SAMP)...

Let’s explore an approach that will generate a Strategic Asset Management Plan that is useful and usable, using the ISO 55001 and ISO 55002 standards.

The vital importance of asset management objectives

Let's discuss the vital role that asset management objectives play in the asset management planning process. Without clear asset management objectives, you risk taking your organisation in the wrong...

Meeting asset management stakeholder needs and expectations

ISO 55001 places great emphasis on making sure that an organisation’s asset management system meets the needs and expectations of its stakeholders. Let's discuss why this is important.

How do I become an Asset Management Assessor?

To become a certified ISO 55001 auditor you need to meet the competences outlined in ISO 17021-5:2013 - Part 5: Competence requirements for auditing and certification of asset management...

Planning and scheduling: getting the basics right

How do we ensure that planning and scheduling department processes are performed effectively? By understanding the function and boundaries of the two processes.

ISO 55010, what’s it about?

Finance is an integral part of Asset Management. Value can be financial or non-financial, and achieving the balance between these requires coordination across an organisation.

ISO 55010:2019 has been published

This is a companion document associated with ISO 55001:2014, the global standard for asset management, that provides guidelines to enable organisations better understand why, and how alignment between these...

We optimised our preventive maintenance without realising it

Review your preventive maintenance tasks. Commission a PMO process for your plant and equipment. You may be surprised at how much maintenance you don’t need to be doing.

Have you outgrown your perfect repairables management system?

The system was perfect. Everyone knew what to do when a component failed. Everyone knew how to determine where to send the part for repair.... then Bill left.

Asset Performance Management (APM) – Key implementation issues and...

Let's discuss the challenges that we have observed our clients struggle with as they have implemented their APM solutions, and how to avoid falling for these same traps.

What is an Asset Performance Management (APM) system?

What is an APM system, where does it fit in the Asset Management information system landscape, and what you should hope to achieve through implementation?

Enterprise Asset Management (EAM) and Asset Performance Management (APM)...

Can you make sense of your asset related data? Can you use this data to optimise your business? Integrating data from the EAM system is not always smooth sailing.

The importance of a no-blame culture for safety and...

As a general rule, we need to be very careful in using punishment as our first and primary response to any safety or reliability incident.

How to prioritise maintenance work orders

Almost every Computerised Maintenance Management System (CMMS) contains a field where you can set the work order priority, but few define how it is to be used.

Putting a value on maintenance and reliability improvement

Let's consider how to obtain value in maintenance and reliability improvement projects, and approaches that we can take to estimate value from the improvement.

Big data, predictive analytics and reliability: moving beyond better...

In this article, we continue our exploration by considering how developments such as big data and predictive analytics are contributing to reliability improvement.

4 ways maintenance managers can impact on equipment reliability

Let's explore some ways in which maintainers and maintenance management can impact on equipment reliability, and some suggestions to improve reliability via better maintenance.

How operations management can impact equipment reliability

Let's explore the key ways in which operations management can impact on equipment reliability, and offer some practical suggestions to improve reliability.

5 tips for a better asset register

Your asset register is the foundation on which your asset management information systems are built. Here are 5 tips to make sure yours is rock solid.

Design your asset life cycles for reliability

Let's explore the communal accountabilities that should be considered in the design phase of an asset life cycle, and the roles that different parts of an organisation play to...

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