Adopting a Resilient Asset Management Strategy

Bas Beemsterboer, EAM Evangelist at IFS, articulates how traditional conceptions of Asset Management center on the upkeep of physical assets during their lifespan. He explains how Enterprise Asset Management (EAM) solutions are utilized to plan, execute, and monitor maintenance activities, associated priorities, skills, materials, tools, and the like to maximize their accessibility. This encompasses the design, construction, commissioning, operations, maintenance, and decommissioning or replacement of plant, equipment, fleets, and facilities.

The definition of Asset Management and the application of EAM primarily focus on the traditional objectives of maintenance, aiming to ensure efficient and reliable asset operation. However, the considerations of external factors, such as the strategic objectives of the organization and the global market it operates, are often not considered when making decisions.

Read the full article from IFS here.