Strategic Asset Management - The Foundation For Organizational Resilience | Grupo EKonomiKa

Strategic asset management is an organizational mindset which is based on the notion that infrastructure assets in physical form are enablers of business goals. Asset management is a crucial capability in this holistic approach that is supported by BS 65000:2014’s Guidelines on Organizational resilience.

If your goal is to minimize downtime, reduce repair costs, boost efficiency or increase the reliability of your equipment it is possible to achieve all of these through effective maintenance. To do so you must understand the current performance of your assets and requirements. This requires creating a precise and thorough inventory. It is also necessary to develop strategies to acquire new assets, putting an emphasis on their potential for long-term value and their alignment with the business objectives.

Once you have a solid foundation, you need to be ready to make the shift from reactive to proactive operations. This is about avoiding common pitfalls for instance, failing to align maintenance tasks with strategic goals, interpreting incorrectly the data or not regularly comparing baseline reporting.

Avoid these pitfalls by incorporating your asset management strategy into an automated maintenance management system (CMMS) that is designed to connect the various pieces of your operational puzzle. You’ll then have the visibility and transparency needed to not only identify opportunities for improvement but also make your case stronger when it comes time to justify your next budget request.

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