cloud hosting vs on premise hosting
Strategic asset management is an organizational approach which is based on the notion that physical infrastructure assets are enablers of business goals. This holistic approach, which is endorsed by the BS 65000:2014 Guidance on Organizational Ressilience, considers asset management to be one of the most important capabilities that can help build resilience in an organization.
Effective maintenance can help you attain your goals, whether it’s to reduce downtime, lower repair costs, increase productivity or improve the reliability of equipment. You must first understand the performance and requirements of your equipment. This means creating an accurate and complete inventory. It is also necessary to devise strategies to acquire new assets, with an eye on their value over the long term and their alignment with business objectives.
Once you have a solid foundation on which to build, you’ll be able to move from a reactive approach to a proactive one. This involves avoiding common pitfalls such as failing to align maintenance tasks and strategic goals, interpreting incorrectly the data, or not regularly comparing baseline data.
Avoid these pitfalls by building your strategic asset management plan into a computerized maintenance management system (CMMS) that’s designed to connect the various elements of your operational puzzle. You’ll then have the visibility and transparency required to not only find areas for improvement, but also help you make your case when it’s time to justify your next budget request.
