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.

What does a reliability engineer do?

Reliability engineers should be focused on guidance, analysis and improvement - not on managing the day-to-day execution of maintenance tasks.

7 tips to become a strong reliability leader: Moving...

It doesn’t matter where in the organisation structure you are, you have the capability to influence others - and this is at the core of leadership.

How to create opportunities for teamwork and learning: Moving...

There is little point in having a strategic vision unless you actually allow your people to learn and apply their new skills.

How to improve cross-functional collaboration: Moving from a repair-focused...

As organisations move into the planned maintenance environment, the nature of the relationship between production and maintenance changes.

2021 asset management and maintenance priorities report

We surveyed maintenance and asset management professionals from a range of industries to determine what their priorities were for that year and what initiatives they were putting in place.

How to align reward systems with strategic goals: Moving...

Want to encourage change within your organisation? Here are some tips to build a successful environment and answer the question: "what's in it for me?"

How to build a business case for reliability improvement:...

Let’s examine how you might estimate the costs and benefits associated with a reliability improvement program, to develop a sound business case.

How to ensure a long-term strategic focus: Moving from...

Most maintenance organisations are looking to move from a repair-focused to reliability-focused culture, but how can we shift from one to the other?

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.

Best Practice Maintenance Assessment for a Large Port Operator

Based on our best practice maintenance assessment, we assessed the maturity of the client’s maintenance management systems and practices.

Are your KPIs supporting your processes, or just measuring...

Usually KPIs focus on the outcomes of our processes, but if we aim to manage processes for more predictive outcomes, we need to develop KPIs that support them.

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.

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