Keep Your Finger on the Pulse of Your Assets

Keep Your Finger on the Pulse of Your Assets

17 May, 2011

In this day of uncertainty, people often gravitate toward anything that offers stability, dependability, and consistency—in personal relationships, institutions, or investments. We then use these as a foundation for creating our opinions, thoughts, and actions in the foreseeable future. We’re constantly on a quest for reliability.

Those instinctual behaviors that drive our daily lives should also be second nature to us when we’re managing our assets. But many enterprises still manage assets as if they never degrade, but remain permanently reliable. Too often this approach only guarantees untimely and expensive failures or produces maintenance regimens that “over-maintain” and actually contribute to instances of failure.

What if you had the ability to model reliability measures and constantly keep your finger on the pulse of your assets, continuously improving proactive and other appropriate maintenance programs based on how your assets and groups of assets behave?

This advanced approach to maintenance produces increased operational efficiencies and availability, and enhances quality production. Isn’t that the goal of world-class asset management? With the right enterprise asset management system in place, you can have that capability built into a single solution.

It’s time to see what you’ve been missing, and increase your operational efficiencies and bottom-line profitability.

As always, I welcome your comments, thoughts, and ideas.

Posted by Jay Ratliff, Business Solutions Consulting Manager-North America, Infor EAM