Abstract
Companies have begun to recognize the untapped strategic
potential of their physical assets as far as the
competitiveness, flexibility, productivity and strategic
risks of the enterprises are concerned. The corporate
level Asset Management is clearly strategic in nature and
focuses on the long term perspective. Corporate asset
strategy is based on corporate business objectives and
three main analyses: company, market and technology.
These analyses help to determine the future requirements
for physical assets. The tool introduced in this paper
utilises both quantitative and qualitative data in order
to determine requirements in relation to the assets'
capability, capacity, flexibility and effectiveness. Once
the requirements are compared to the existing assets and
their performance potential, a future action plan may be
developed as the basis for the corporate level asset
strategy taking into account various asset management
options available. Corporate Asset Strategy has a direct
influence on the maintenance strategy of various plants.
| Original language | English |
|---|---|
| Number of pages | 12 |
| 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/Territory | Belgium |
| City | Brussels |
| Period | 8/04/08 → 10/04/08 |
Keywords
- strategy
- asset management
- maintenance management
- critical success factors