I'm not sure if many of you know this, but I'm the coordinator of the IndustryWeek Best Plants competition, our annual salute of North American manufacturing excellence. What too often goes unrecognized in the challenge of meeting daily, someti...
When anyone touches a machine for any reason there is a small chance he or she will mess something up.
Without mistakes, growth might very well be impossible.
The Asset Management Policy is defined by the ISO 55000 standard as the set of principles an organization will employ to meet objectives – not asset management objectives but organizational objectives...
The ISO 55000 standard spells out the need for an asset management system that maximizes asset value contribution to organizational goals. To achieve this we begin with clause 4, organizational context. This includes consideration of the...
The ISO 55000 Asset Management Standard has been released. The discipline of asset management is a buzz. Will this standard take on the same significance as past standards, like ISO 9000? Will regulators, investors, insurers, and owners begin to...