Asset Management

Alidade MER provides assessments, master plans, training and implementation support for asset management using our proven Organizational Reliability Model©.

Contact us to discuss your objectives, and how we can help you achieve them.

Asset Management link-header-proactive

An excellent framework for achieving organizational objectives is the Standard for Asset Management (ISO 55000, series).  Asset management focuses on aligning the entire organization on organizational objectives and optimizing risk, cost and value.

Assets can be human, financial, real property, equipment, tools, data, intellectual property or other items that have potential or actual value.  Asset management begins when new assets are contemplated or planned.  Asset management continues during design, procurement, installation, commissioning, operation, maintenance, improvement and disposal phases of an asset’s life.

Activities in an asset’s life prior to commissioning account for 25% of total life-cycle costs.  Operation, maintenance, repair and improvements account for 75% of life-cycle costs. Alidade MER specializes in assessing asset management practices and developing master plans to align senior leaders and departments with asset management best-practices.  We also specialize in developing master plans and supporting improvements asset management in the post-commissioning phases.

Alidade MER deploys highly experienced professionals.  We involve client staff members and freely transfer knowledge to client staff and workforce.  This reduces total cost, develops a team of internal experts and increases the persistence of improvements.

Culture Change and Behaviors

Many senior managers desire culture change.  Culture is a lagging indicator.  Culture is what most people do most of the time.  What people ‘do’ are behaviors.  To get desired behaviors, define and implement the right behaviors.  To achieve the desired culture, productive leaders must get aligned and consistent performance.  High performance over time becomes the culture.

Benefits

Aligning an entire organization on organizational objectives improves efficiency and effectiveness.

Organizational benefits include:

  • Workforce labor effectiveness improves on the order of 20% to 30%.
  • Higher job satisfaction, lower turnover, lower absenteeism and fewer grievances.
    • Typical turnover cost is 25% of hourly position annual compensation.
  • The number of tasks completed per person per day can improve by 50% or more.
  • Preventive Maintenance (PM) completion rates improve to near 100%.
  • Reactive work declines from 60% to less than 20%.
  • Improved labor efficiency resources can be reallocated:
    • Reinvested in more PMs, increasing condition monitoring or predictive maintenance,
    • Increased opportunities for training and skills development,
    • More reliability and proactive improvement projects.

Additional benefit:

  • Well-defined and disciplined performance of processes generate consistent data.
  • Consistent data enables Industrial Internet of Things (IIoT), improved data analytics capability and better decisions.

Excellence in core management processes, or maintenance management processes include identification, prioritization, planning and scheduling, executing the task and completing and closing out the task.  Contact us.

 

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