Asset Management with David Albrice

When there is unplanned downtime and repeating failures in the plant, that means you are not managing your assets in the right way. Asset management can be used to enhance the value of a piece of equipment. So what is asset management? It is simply a process to make sure you get the value that you want from your machines. The idea is not just to get value in terms of money. It is about making sure that your equipment is in the optimum conditions and is running when you really need it to. This is something you can’t do without asset management.
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