Tag: asset

Proactive maintenance: convincing leadership of its benefits

Proactive maintenance aims to identify the root causes of failures in assets and prevent them from causing irreversible damage to equipment. Learn more about the concept of proactive maintenance, the strategies involved, and how predictive maintenance relates to it.

Industrial Assets Life Cycle

Assets are material goods that have value in themselves or produce value for an organization. The definition of asset, for the purposes of this article, will be restricted to tangible assets, i.e., material goods that comprise the physical production structure of industries, such as machinery. Asset management involves the optimal management of their life cycle,… Continue reading Industrial Assets Life Cycle