Professional and personal tasks for managers are often similar. In both settings, managers organize, direct, coach, supervise, and at times, discipline. One of the other common...
Asset-intensive industries across the globe rely on equipment performance to deliver safe, reliable, and cost-effective operations. Yet many organizations...
In the mining industry, equipment reliability is essential for both safety and productivity. A global mining company faced the challenge of developing a ...
“Deferred maintenance is the practice of postponing maintenance activities, such as repairs on both real property — infrastructure — and personal property — equipment and systems...
On this episode of APM On Air, Peter Schurmann, Director of Nexus Global Australia, joins the show to discuss the ins and outs of Failure modes and how to accelerate Asset...
Asset taxonomy combined with nomenclature data (metadata) and performance data along with asset health information are some of the important inputs used in making decisions and...
We spend large amounts of funds on maintenance labor and parts, and sacrifice reliability and safety through having ineffective data sources. Is your ERP...
Part 1 of 3
Sometimes, we fool ourselves into thinking a bad deal is actually a bargain. My neighbors built their home in 2008 at the beginning of the housing crash. They chose to...
Part 2 of 3
Many happy returns
Two key concepts are crucial to understand for managers starting the process of making a financial case for a project or purchase.
ROI is a...
Part 3 of 3
When formally and professionally presenting the proposal, managers need to include an executive summary of the overall spending, adding details, time frames, and...