Asset Management Excellence: Optimizing Equipment Life-Cycle by John D. Campbell, Andrew K.S. Jardine, Joel McGlynn

By John D. Campbell, Andrew K.S. Jardine, Joel McGlynn

During the 8 years because the book of Maintenance Excellence: Optimizing apparatus Life-Cycle Decisions the company setting has replaced enormously. Globalization, consolidation, and adjustments in know-how problem asset administration and upkeep pros to be extra effective. Globalization and consolidation were rather instrumental within the adjustments in upkeep criteria, methods, and using know-how to turn into extra effective and price potent. Reflecting all this and extra, the second one variation has been renamed: Asset administration Excellence: Optimizing gear Life-Cycle Decisions.

New within the moment Edition:

  • Two new chapters on upkeep administration Fundamentals
  • Coverage of management matters, the implementation of latest tactics, and alter management
  • Discussion of the layout degree and key components for profitable implementation
  • Understanding the dynamic affects and optimization of spares management
  • Updated case studies
  • Introduction to new software program applications that optimize quite a few upkeep and alternative decisions

Although there were styles and developments that experience emerged around the globe in asset administration, the foundation rules are the same—personnel with instruments exit to handle the desires of retaining resources. even if, a few of the instruments, applied sciences, and idea tactics have advanced and matured to permit a rethinking of the deeper upkeep tactics. For this version, a brand new set of authors and members have revisited the content material, up-to-date info, and additional new content material in keeping with the passage of time, alterations in considering, and the creation and development in applied sciences.

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Extra resources for Asset Management Excellence: Optimizing Equipment Life-Cycle Decisions, Second Edition

Sample text

2 Total Life-Cycle Asset Management An expanded view of classes brings new benefits to the completeness and rigor of asset management. Similarly, an expanded view of the asset life cycle provides a new level of rigor and understanding. The practice of total life-cycle asset management (TLAM) takes an expanded view of how assets are planned for, used, maintained, and ultimately disposed of. A traditional view often separates or ignores key phases within the asset life cycle. For example, in a conventional company a procurement officer may be in charge of buying new mobile assets, such as planes, trains, buses, or ships.

This is a bit more difficult, because cost can vary depending on many things, including the working environment, the resources and energy required to accomplish capacity, equipment age and use, operating and maintenance standards, and technology. One thing we know: a breakdown maintenance strategy is more costly than linking maintenance actions to the likely failure causes. But by how much? 50 in an unplanned way, and $3 if reacting to a breakdown. In other words, you can pay now, or you can pay more later.

Statistical process control charts will tell the maintenance manager if a system is in control and at what point in time a process change took place. A change to a specific “input” such as labor or materials may not have the desired output. The annals of maintenance history are filled with evidence of throwing manpower at the problem with little to show for it. • Systems that help manage the flow of control and feedback information through these processes: Accounting uses computers to keep the books.

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