Asset Information Management
By Richard BeerMr. O’s Tips
Having worked with maintenance and HSSE professionals for over 25 years, we see the struggles organizations have with data qualities. Inaccurate data causes a number of problems that range from safety to unnecessary downtime. Therefore, it is vital for any organizations to manage their maintenance data properly.
In this connected age, where technology advancements seem to always be at the forefront, it can be easy to lose sight of what business need underlies these innovations. What can be even worse is that managers and executives lose control of what really drives business – information. In its simplest form information leads to sufficient knowledge and ultimately drives decisions, and then actions, at all levels of any organization.
Decision making in asset management is driven in part by key performance measurements that are derived from transactional data through the work management processes. Underlying this data is the master data that exists for every asset. It is well established that inaccurate master data can be the source of a broad range of problems including health, safety, and environment risks, regulatory compliance and reduced uptime.
Richard Beer, TRO, Maintenance Solutions.