Asset management planning refers to the systematic approach of managing an organization’s assets to achieve its strategic goals and objectives. It involves identifying, acquiring, operating, maintaining, upgrading, and disposing of assets in a cost-effective and sustainable manner. The key components of asset management planning include inventory management, risk assessment, life cycle analysis, performance monitoring, and decision-making processes. Effective asset management planning can help organizations optimize their asset utilization, reduce costs, improve safety and reliability, and enhance customer satisfaction. Read out blog posts to get a better understanding.
Feb. 20, 2025
When I was recently getting my hair cut, the barbershop, which has TVs all over...
Feb. 13, 2025
I had to laugh this week as I had essentially the same conversation inside Roth...
Feb. 06, 2025
As more and more organizations are looking to do an equipment level inventory of their...
Jan. 16, 2025
Well, we started this series of posts on Equipment Inventory & Tagging way back in...
Nov. 21, 2024
In my last post I talked about how you can leverage your maintenance information to...
Nov. 14, 2024
This current series of posts that I am writing are all associated with the shift...
Nov. 07, 2024
Having attended numerous conferences this Fall I have been struck by one key change in...
Oct. 10, 2024
As I have talked about many times, one of the biggest challenges for institutions when...
May. 22, 2024
Here we are, our 100th blog post! For those of you that have been on...
May. 15, 2024
This week I continue my series where I share ideas and thoughts based on my...