Asset Management Excellence: Optimizing Equipment Life-Cycle by John D. Campbell, Andrew K.S. Jardine, Joel McGlynn

By John D. Campbell, Andrew K.S. Jardine, Joel McGlynn

During the 8 years because the e-book of Maintenance Excellence: Optimizing gear Life-Cycle Decisions the enterprise setting has replaced enormously. Globalization, consolidation, and alterations in know-how problem asset administration and upkeep execs to be extra effective. Globalization and consolidation were rather instrumental within the alterations in upkeep criteria, techniques, and using know-how to develop into extra effective and value potent. Reflecting all this and extra, the second one version has been renamed: Asset administration Excellence: Optimizing gear Life-Cycle Decisions.

New within the moment Edition:

  • Two new chapters on upkeep administration Fundamentals
  • Coverage of management matters, the implementation of latest methods, and alter management
  • Discussion of the layout degree and key elements for profitable implementation
  • Understanding the dynamic impacts and optimization of spares management
  • Updated case studies
  • Introduction to new software program applications that optimize numerous upkeep and substitute decisions

Although there were styles and tendencies that experience emerged all over the world in asset administration, the foundation rules are the same—personnel with instruments exit to deal with the desires of keeping resources. notwithstanding, some of the instruments, applied sciences, and idea methods have developed and matured to permit a rethinking of the deeper upkeep procedures. For this version, a brand new set of authors and participants have revisited the content material, up-to-date info, and additional new content material in accordance with the passage of time, adjustments in considering, and the advent and development in applied sciences.

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Additional resources for Asset Management Excellence: Optimizing Equipment Life-Cycle Decisions, Second Edition

Sample text

Clearly, cost, speed, and quality objectives can compete with each other. An example is the improved repair quality from taking additional downtime to do a critical machine alignment correctly. The result will probably be longer run time before the next failure, but it does cost additional repair downtime in the short term. The typical trade-off choices in maintenance arise from trying to provide the maximum value to our customers. , predictability of unavoidable failures) Management methods seek to balance these factors to deliver the best possible value.

Operational Research in Maintenance. , 1970. 3. Kelly, A. Maintenance and Its Management. Farnham, England: Conference Commun­ ication, 1989. 4. Moubray, J. M. Reliability-Centered Maintenance. 2nd ed. Oxford, England: Butterworth Heinemann, 1997. 5. Campbell, J. D. Uptime: Strategies for Excellence in Maintenance Management. Portland, Oregon: Productivity Press, 1995. 6. IBM Global Business Consulting, AMcoe, 2006. 7. Adapted from Campbell, J. D. Coopers and Lybrand Consultants Library, 1994. 8.

In an EAM system, models for planning and management are resident within a common, centralized system. Active cataloging, monitoring, and measurement of assets is also tracked, often in real time, to aid repair actions, to enable quick procurement and replacement decisions, and to monitor performance. Technology is also used to integrate the EAM Asset Classes and the World of Life-Cycle Asset Management 19 with other key systems, such as accounting, procurement, and business performance management (BPM) dashboards.

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