Hint... it is less about what you DO and more about what you DECIDE
Marc Laplante
Asset management domain expert committed to taking the fun and excitement out of asset management. Three decades of international standards, enterprise advisory, digital solutions, and implementation experience.
Successfully answering these questions is about what you need to DECIDE and not about what you need to DO.?
The opportunity may be to reduce cost.
Does this simple mean, "do less maintenance"?? Or "hold fewer spares"? Or even "do more maintenance"??
"Doing the right maintenance work the right way shrinks and changes composition of our maintenance budget." (Conscious Asset, P.10)
James Reyes-Picknell says it far better than I can.
The objective may be to do more "predictive maintenance"
Does this mean installing more sensors and looking for AI-enabled solutions? Please have a look at the previous article in this series before you answer this question.
The outcome may be to optimize capacity utilization.
Managing risk, cost, and performance of assets that sometimes might seem counter-intuitive!?
"the savings passed on to the customer was a little over five million dollars.? That's money we did not have to pay out to other people to service our customers"?
Check out this video from 12 years ago.? An "oldie" but definitely a goodie!
Successfully answering these questions is about what you need to DECIDE and not about what you need to DO.
SEE. THINK. DECIDE. ACT. | Knowledge & Decision Enthusiast | Innovator Agitator & Changemaker | Operational Excellence & Asset Management Leader | Founder at SCIO and The Asseteers
1 年Choices (decisions) on how and where to allocate (and sometimes radically reallocate) our vast and scarce resources to higher value activities is the key to operational excellence. What are the important decisions in asset management and how do make the best choices at every opportunity?
manager, data analysis, validation and decisions
1 年I guess the statement also comes with questions. first of all, so what eventually need to be decided? all for what? is it possible to list all them out, at least in categories, and why? another key question could be why what need to do is fundamentally not an issue? does this apply to all asset management work?