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2 min read
Nexus Global & TTS Partner for Operational Excellence
Doug Robey | CMRP, CRLNexus Global (Wake Forest, NC) and Technology Transfer Services—TTS (Tampa, FL) formed a strategic partnership to deliver end‑to‑end Asset...
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5 min read
Asset Performance Management | More Than Just EAM
Larry Olson | CMRP, CRL, CAMAEAM/CMMS is a tool. APM is the operating system—linking strategy, data standards, work management, analytics, and people so assets perform safely and...
8 min read
The 3 Most Popular RCA Tools
Unfortunately when it comes to life and reliability. there isn't a crystal ball and unpredicted problems can occur in any team or process. However,...
3 min read
Repair or Replace? Strategies to Keep Your Assets Afloat
Nexus GlobalTwo years ago, I made a poor decision that cost me a boat. You see I made the decision to defer maintenance. I had plenty of time to do the...
3 min read
Eliminate Physical Inventories, PERIOD!
Every year we must conduct an annual physical inventory. Corporate and finance mandate it. During those physical inventories, here’s what typically...
6 min read
Outsourcing | Effective Vendor Management Strategies
From Vendor Selection to Performance Here the six specific areas managers can improve their chances of success Managing contracted maintenance...
3 min read
Strategic Budgeting: The Key to Facility Management Success
Budgeting Strategies: A Recipe for Success Like many of you, I have a budget to manage my personal life. The budget ensures I have the funds...
2 min read
Maintenance, Measurement and Equipment Reliability
Part 1 of 2 Is anyone else like me? There’s not a day that goes by that I don’t measure something. I’m a triathlete, so I measure an unusual amount...
1 min read
Predicting Equipment Failures
Part 2 of 2 Adding It Up What does all this math add up to? If managers do it properly, the calculations can determine when a piece of equipment...
4 min read
Implementing a Successful Asset Management Program
We constantly strive to find the silver bullet to make our lives and jobs better. We look for a road map that will guide us to where we need to be....
2 min read
The Benefits of an Asset Management Program
How does this process benefit managers and their facilities? Let’s align the six areas to facility management functions. First consider strategy and...
2 min read
Efficiency and Effectiveness: Know the Difference
Professional and personal tasks for managers are often similar. In both settings, managers organize, direct, coach, supervise, and at times,...
4 min read
Paying the Price for Deferred Maintenance
“Deferred maintenance is the practice of postponing maintenance activities, such as repairs on both real property — infrastructure — and personal...
3 min read
Who’s Your Data?
Asset taxonomy combined with nomenclature data (metadata) and performance data along with asset health information are some of the important inputs...
1 min read
Managers Need To Learn Language of Finance
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...
2 min read
Understanding Key Financial Management Terms
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...