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Conscious Asset Blog Asset Management

What is Conscious Reliability

  • 2017-05-252020-06-20

In 2015, Jesus Sifonte invited me to be a speaker at a client and business partner congress that he was holding in San Juan, Puerto Rico. We did not know each other, nor did we even know much about each other. I was recommended to Jesus by a mutual friend, Dr. Andrew Jardine at the University of Toronto. At the San Juan congress we presented our respective topics and in the evenings we shared a few drinks while speaking about maintenance, reliability and asset management. We realized that we both had a shared passion for excellence and we learned about each-others’ experience. Read more “What is Conscious Reliability” →

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Conscious Asset Blog Blog

Uptime – Managing failures before they occur

  • 2017-05-162020-06-20

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.  The advantage to doing this is that major business impact due to equipment breakdown can be avoided.  High performing companies manage proactively – they foresee and avoid problems. It’s good for business! Read more “Uptime – Managing failures before they occur” →

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Conscious Asset Blog Asset Management

Re-engineering Reliability Centered Maintenance

  • 2017-04-102020-06-20

Reliability Centered Maintenance methods compliant with the SAE standard JA-1011 (“Evaluation Criteria for RCM Processes”) all have common features – they must, or they won’t comply with the standard. Those requirements are “minimum” requirements, as they are with any standard. RCM-R complies. But what makes it different and why?

The RCM standard and most, if not all, of the established RCM methods are firmly rooted in the past as it was defined by those few individuals who wrote the SAE standard. The standard and those methods have stood the test of time because they work, but we asked, “Can they work better?” Answer – yes. Read more “Re-engineering Reliability Centered Maintenance” →

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Conscious Asset Blog Asset Management

Beyond Maintenance Management

  • 2017-01-162020-06-20

Uptime now goes Beyond Maintenance Management. 

Maintenance, is already a big enough challenge for many of us, yet beyond lies the realm of Asset Management. Back in 2004, As the second edition of Uptime was being written, the UK was introducing a specification for Asset Management and requiring network utilities to implement it. Drivers included the justification of rates charged to customers by these natural monopolies, the need to convince regulators that good asset management was indeed being practiced and to avoid failures that were increasingly becoming more serious and more publicized. The UK’s Publicly Available Specifications, PAS 55-1 and -2, were the first in this field. Read more “Beyond Maintenance Management” →

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Conscious Asset Blog Asset Management

Asset Management Podcast 2

  • 2016-11-222020-06-20

This is part 2 of our discussion with James Kovacevic (formerly of Accendo Reliability) on Asset Management and the role of ISO 55000 in it. You can listen to part 1 here. Read more “Asset Management Podcast 2” →

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Conscious Asset Blog Asset Management

Asset Management Podcast 1

  • 2016-11-172020-06-20

We recently had a podcast discussion with James Kovacevic (formerly of Accendo Reliability) covering Asset Management and the role of ISO 55000 in it. Here is part 1 of the podcast; part 2 will be available on this blog next week. Read more “Asset Management Podcast 1” →

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Conscious Asset Blog Blog

RCM Facilitation and effective Maintenance

  • 2016-11-022020-06-20

Most of us would agree that there is a new global econo

my being forged in the manufacturing sector today. Inevitably, this translates to a renewed focus on transferring more business value to the customer. Driving value in maintenance translates to high reliability and central to this will be linking RCM (Reliability Centered Maintenance) facilitation with effective maintenance program implementations. Read more “RCM Facilitation and effective Maintenance” →

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Conscious Asset Blog Asset Management

Infrastructure Renewal – An Economic Necessity

  • 2016-06-072020-06-20

 

A lot of attention is going to Infrastructure and its renewal. Here in Canada the recently elected Federal Government is about to spend over $100 billion on “shovel ready and shovel worthy” projects. At the municipal level alone (where we “own” about 60% of Canada’s infrastructure), some $123 billion is needed for catching up on deterioration that’s been allowed to accumulate since the 1950’s. That doesn’t take into account needs for growth. I recently attended a conference and listened to a well-regarded key-note speaker who placed our overall spending needs on infrastructure (all levels of government) nearer to $1 Trillion! The number is huge – no matter what it is. Read more “Infrastructure Renewal – An Economic Necessity” →

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Conscious Asset Blog Blog

Getting the most from EAM Software – Part 2

  • 2015-03-132020-06-20

By Carlo Odoardi: Enterprise Asset Management (EAM) software is a powerful tool for those responsible for maximizing value of industrial assets as well as those who perform maintenance work on those assets. But often, EAM software falls short of delivering all of the benefits it could. This is the second part of this blog article.

Eliminating ‘Shelfware’

Before we talk about how to solve this problem, let’s define the term ‘shelfware’. Shelfware is software bought by an organization or company that ends up sitting up on a shelf somewhere, unused. That is a waste of money and a waste of prospective hope for an organization. Read more “Getting the most from EAM Software – Part 2” →

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Conscious Asset Blog Blog

Getting the most from EAM Software – Part 1

  • 2015-03-122020-06-20

By Carlo Odoardi: Enterprise Asset Management (EAM) software is a powerful tool for those responsible for maximizing value of industrial assets as well as those who perform maintenance work on those assets. But often, EAM software falls short of delivering all of the benefits it could. Why is this?

Let’s examine the reasons companies that implement EAM software may not derive the full benefit it could deliver. We’ll also offer advice to circumvent some of these stumbling blocks and realize the promise of EAM. Read more “Getting the most from EAM Software – Part 1” →

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