by Sophie Strobel | Feb 7, 2017
Your company has heavily invested in its assets and your goal is to see these assets work effectively by generating revenue and cycling money back into the business. Calculating the return on assets can help you to benchmark your company’s profitability. This ratio of... by Matt Condie | Dec 8, 2016
Asset-intensive organizations rely heavily on effective management of spare parts to reduce costs while keeping operations running smoothly. Effective management and parts optimization includes stocking the recommended spare parts for critical assets, eliminating... by Matt Condie | Dec 1, 2016
Whether you are building an asset registry and supporting maintenance information for a new capital project, or preparing to fix your asset and maintenance data as part of a data overhaul, you need confirmation that the new data is accurate, complete, and relevant for... by Matt Condie | Nov 29, 2016
Asset integrity is defined by the ability of an asset to perform its required function efficiently and effectively while ensuring the protection of Environment, Health, and Safety (EH&S) principles. It is simply not possible for an asset to perform in such a way... by Matt Condie | Nov 24, 2016
With the rise of international competition and market globalization, enormous pressure has been placed on corporations to improve efficiency and reliability while reducing operating costs. As a result, asset-intensive organizations have invested billions of dollars...