More and more companies are proactively monitoring their assets using at least one technology to provide early defect identification. This makes up the core of condition monitoring – allowing you to identify and address defects early, before they compound and cause further damage, result in unplanned equipment downtime or compromise employee safety.
- Marcus Erickson
- Allied Reliability
Sometimes, asset-intensive companies work with a third-party contractor to assist with a BoM building project. There are quite a few reasons for this. For one, building BoMs are expensive. Much time, resources, and expertise are required for successful completion, and not every asset-intensive company may possess the required expertise. In this case, it would make sense for these companies to outsource their BoM building rather than embarking on a project without adequate resources.
- Adanna Anyalachi
As we talk to others in the reliability industry, we’re occasionally confronted with the viewpoint that asset health and condition monitoring is a cure-all when it comes to preventing asset failure. Understandably, people like the idea that they can continuously monitor their assets and only intervene or perform maintenance when there’s degradation. However, what seems ideal is not always practical, and there are limitations to what can be achieved through monitoring.
- ARMS Reliability
One of the leading concepts being adopted in asset-intensive companies today is the idea of preventive maintenance. With the emergence of CMMS and EAM systems designed to automate many industrial processes, preventive maintenance is now being seen as a necessary option for many businesses...
- Sophie Strobel
- HubHead Corp.