Posted by Doug Robey | CMRP, CRL ● Apr 24, 2025

WHY DO YOU NEED GOOD ASSET STRATEGIES?

Efficient Resource Use: They ensure that equipment, technology, and facilities are used optimally, minimizing waste and enhancing productivity.
Cost Savings: Effective strategies can help avoid unnecessary expenses and lower maintenance costs, resulting in significant savings.
Risk Mitigation: By identifying potential risks early, effective asset management strategies enable timely interventions that prevent failures and ensure smooth operations.
Regulatory Compliance: Adhere to industry regulations, prevent legal issues, and bolster reputation.
Decision Making: Accurate data on asset performance enables better decisions regarding acquisition, maintenance, and disposal, improving financial planning.
Customer Gratification: Well-maintained assets ensure consistent service delivery and product quality, increasing customer satisfaction and loyalty.

Topics: Facility, Maintenance, Video, Asset Performance Management (APM)

Posted by
Doug Robey | CMRP, CRL
President, Nexus Global | As an innovative performance improvement and global business leader, Doug has led a diverse array of clients to design and implement successful initiatives around APM and CAPEX/OPEX. With 25+ years of craft skills and Maintenance & Reliability experience, Doug has promoted positive change within numerous asset-intensive industries; including metals, pharmaceutical, food and beverage, energy, oil and gas, and other manufacturing.

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WHY DO YOU NEED GOOD ASSET STRATEGIES?

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