Abstract
The plant level is the mixture strategic and operative
decision making in nature and focus on the middle and
long term perspective. Plant asset strategy is based on
corporate asset strategies, plant level business
objectives and three plant level analyses: market, plant
characteristics and technology of the original
investment. These analyses help to determine the future
requirements for physical assets and required strategic
choices. Once the requirements are compared to the
existing assets and their performance potential, the
future plant level asset strategy can be determined
taking into account various asset management options
available. Based on strategic choices optimal performance
can be defined and subsequent development actions
including investments, modernizations, replacements and
maintenance actions can be determined. This paper gives
a coarse model for a plant level approach.
| Original language | English |
|---|---|
| Number of pages | 10 |
| Publication status | Published - 2008 |
| MoE publication type | Not Eligible |
| Event | Euromaintenance 2008 : Conference on asset management & production reliability - Brussels, Belgium Duration: 8 Apr 2008 → 10 Apr 2008 |
Conference
| Conference | Euromaintenance 2008 |
|---|---|
| Country | Belgium |
| City | Brussels |
| Period | 8/04/08 → 10/04/08 |
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Keywords
- strategy
- asset management
- maintenance management
- critical success factors
Cite this
Komonen, K. (2008). A Strategic Asset Management Model: A framework of a plant level model for strategic choices and actions. Paper presented at Euromaintenance 2008
, Brussels, Belgium.
, Brussels, Belgium.