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How to design an effective  asset  management and maintenance strategy

Tim Tunnard, Senior Business Development Manager at Peacock Engineering, discusses alternative maintenance strategies, and how to apply them to your business most effectively.

Organisations running and maintaining physical assets have to engage in a balancing act of maximising uptime, safety and longevity, against the need to keep control of maintenance costs, and perform maintenance in the most optimal way.

Depending on the nature of the organisation and the assets involved, the balance point can be very different – for example, a power generation utility with grid capacity commitments will see maximising asset uptime and safety as critical. Conversely, a facilities management business running electrical services in a building may see controlling maintenance costs and SLA compliance as their priority.

Read the full article here.