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Asset management assessment helps improve efficiency of maintenance

17th June 2016

  

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Times are getting more and more challenging and to survive ever decreasing margins, organisations are forced to do more with less, notes integrated physical asset management solutions provider Pragma.

Carrying out a proper assessment of a company’s current asset management will allow for the drafting of a specific improvement plan. The company states that the Pragma assessment covers six business processes, based on 17 key process areas, associated with 55 key process indicators and 130 best practices, with 2 367 verification points. The detailed report from the assessment allows for a well-defined asset management improvement plan.

According to Pragma, to derive optimum value from assets, a partner that really understands asset management is a fundamental requirement. The company not only offers the experience, know-how and a proven record, but is also able to provide a roadmap that guides and supports companies using SAP enterprise asset management not only to be ISO 55000-compliant, but to become a true sustainable asset management organisation.

Pragma emphasises that it uses a structured-problem solving approach to find and eliminate the root cause of these problems, thus ensuring substantial performance improvement. The next step in this journey, explains Pragma, is to review and enhance the maintenance tactics, based on criticality analyses of the equipment, the failure history and potential failures, as well as the consequences of such failures.

The end result is the most efficient mix of condition-based maintenance and fixed interval maintenance, states the company.

Edited by Tracy Hancock
Creamer Media Contributing Editor

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