Asset Strategy

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Nine Minutes of Knowledge
  • Asset Strategy

C&W Services Drives Asset Reliability-Based Culture Change at Pharmaceutical Client

C&W Services implemented Petasense’s Asset Reliability & Optimization system as a key piece of changing the reliability culture at a major pharmaceutical company. The results were dramatic, with 31 failures avoided in the first few months and zero unplanned downtime during the first half of 2019...

Five Minute Facts
  • Asset Strategy

Entropy Part 1 – Fundamentals

Engineers are familiar with the concept of “entropy” and the laws of thermodynamics. The second law of thermodynamics states that the total entropy of an isolated system always increases over time. So what does that mean for us in the world of asset management and maintenance...

Nine Minutes of Knowledge
  • Asset Strategy

7 Steps to Kickstarting lloT-Based Asset Reliability

At Petasense, we talk to a lot of companies that are interested in IIoT or wireless Predictive Maintenance (PdM), but aren’t sure where to start. The range of options available and perceived complexity can be daunting. Asset reliability is a journey, and wireless technologies can enable it...

Five Minute Facts
  • Asset Strategy

Will a Maintenance Assessment Help My Plant?

If a company asks for an assessment, it is often because it already knows that it is under-performing. The assessment may help to quantify that, but it has some downsides...

Two Minute Tips
  • Asset Strategy

Balancing Strategic and Transactional Asset Management

Almost every reliability leader we talk to is under immense pressure, and it makes sense: the lack of process and framework in this field means that most are set up to fail. Specifically, we see reliability leaders heavily reliant on-site experts and reactive to transactional asset management...

Two Minute Tips
  • Asset Strategy

The Dangers of a “Set & Forget” Static Reliability Strategy

A typical belief in many organizations is that the work execution management process is actually going to look after their own asset reliability strategies. Of course, that's not quite true...

Five Minute Facts
  • Asset Strategy

Optimize RCM to Manage Failures Before They Occur

Being proactive with your assets is all about managing failures before they occur. You can reduce or eliminate the consequences of failure by forecasting what is likely to happen and deciding in advance about what to do about it...

Two Minute Tips
  • Asset Strategy

Effects of Poor Maintenance BOMs

What is a maintenance BoM (Bill of Material)?
In an EAM System, a maintenance BoM captures spare part information for a piece of equipment. This information is used during maintenance to determine the correct spare parts to replace.

Five Minute Facts
  • Asset Strategy

2 Tools for Asset Managers to Improve Prioritization and Decision-Making

Asset managers across industries are all feeling the intensifying pressure to consistently prioritize resources correctly and make effective decisions accordingly. Effective decision-making requires a quantitative approach that is justifiable, consistent, and above all, aligned with the greater strategic business goals...

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