Asset and infrastructure management encompasses purchase, maintenance and replacement. Throughout the life of an asset it undergoes various maintenance activities aimed for its optimal operation. The crux lies in managing this maintenance activities in the most prudential manner. Here comes iASET (Intelligent & Advanced Solution for Systems, Equipments & Infrastructure Technology).
Fundamental challenges
01
Data
Limited references to historic activities
Asset details
Asset performance vs maintenance cost
03
Maintenance
Maintenance cost over asset's life
Asset productivity
Men-hours consumed in asset maintenance
02
Accountability
Setting asset maintenance KPI
Tracking of various maintenance & purchase activities carried out
Resources required for maintenance
04
Actions
Adopting the best maintenance practices
Charting maintenance budget
Purchase of new assets
How does it work?
Asset:Air Compressor
Make: Atlas Copco
Working pressure: 10 bar
Power: 350 KW
Location: Utility
Check
Safety valve & shutdown switch
Replace air filters
Check piston & cylinder
Oil top up /replacement
Assigned to: Satpal Jain
Position: Engineer (Utility)
Reports to: Ramesh Patel
Activities
Last maintenance: 12th Jan, '21
Cost: Rs. 17,750/-
Man-hours: 3
Oil replacement: 28 Aug, '21
Cost: Rs. 2,200
How does it work?
Know your Assets
Maintain a record of assets purchased & have a report for internal / external audit,
Set processes bette
Schedule maintenance criteria, & practices & keep a track of them
Set role, responsibilities & KPIs
Share MIS with management
Improve
Monitor maintenance cost over the life of assets & take prudential decisions related to purchase, contract, 3rd party services, spares, etc
Helping organizations in learning, charting and adopting the best maintenance practices
Chart the maintenance budget in sync with the asset performance and maintenance activities carried out historically
