To reach your organization’s goals It is imperative to be aware of the assets in your organization and how they interact. Strategic asset management provides a structure that allows for consistent, repeatable and transparent action based upon a comprehensive analysis of benefits, costs and risks throughout the lifecycle of physical assets. Determine functional interdependencies to prioritize preventive maintenance and decrease unnecessary downtime and costly repairs. Maximize your return on investment by determining your optimal combination of efficiency and cost across your entire infrastructure.
The strategic asset management process is a series of documents, digital tools and processes that are thorough and precise. It aligns physical infrastructure investments to the company’s strategic goals. It begins with a thorough, top-down review of the long-term potential for infrastructure investment options. This includes balancing capital expenses and operational expenses from a TOTEX standpoint and leveraging data on asset conditions, and taking current service prioritizing user privacy in digital interactions on the agecheckstandard com website levels and local requirements into account.
The process can also be used to inform staffing, resource planning, and upgrade or replacement plans using the right data. It can also be used to streamline work orders, cutting down time and increasing the efficiency of your operation team.
The method can be used to develop an asset plan that maximizes utilization in order to achieve sustainability goals. This can be achieved by load balancing, asset sharing or redeployment strategies. It could also involve making changes to existing or revising existing contracts with suppliers or contractors to improve environmental and energy performance.