Asset Management

Unlock Valuable Insights

Technology can provide useful measurements and ongoing monitoring to keep things on track and highlight potential areas of improvement.

• Reduce in repair costs - Data collection enables organisations to start looking for trends, predicting when part may need to be replaced, reducing the risk of other parts failing or need for a full replacement
• Reduced asset downtime – Scheduling part replacement and other work will stop units failing and needing extensive work that may take them out of action for prolonged time periods. Putting in place temporary solutions or having no cover for these activities could lead to high costs and loss in productivity.
• Extending asset life – reduced environmental impact in production of new equipment
• Improved ROI of an asset – Reinvestments in new equipment is delayed, getting moneys worth from initial investment
• Managing employees’ workload – If you can predict and schedule maintenance work, you can plan employees daily activities more effectively.
• Targeted site visits where needed – less site visits, lower travel, lower omissions
• Better resource planning – Order in correct stock, managing stock levels and lead times