Every year we must conduct an annual physical inventory. Corporate and finance mandate it. During those physical inventories, here’s what typically happens:
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 of stuff. How many miles I run,...
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 might fail or the probability of...
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...
