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Articles related to Asset Management by Novo Solutions. These articles will help you improve how you manage and maintain assets. This not only lowers break/fix maintenance costs but also extends the useful life of your assets.
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Overview of the bill The $1.2 trillion bipartisan infrastructure asset bill has passed in the US Senate, with $550 billion of funds being allocated to America's infrastructure. If the bill is passed in the US House, cities across the country will begin to undergo a massive expansion. The plan details new job creation and sustainable solutions nationwide for different towns and their citizens. Over the next decade, it says it will create many jobs in [...]
Unfortunately, there’s often nothing you can do to prevent a disaster from occurring. Many disasters are completely out of our hands, which can be difficult to come to terms with - it can feel like there’s nothing you can do. When disaster strikes, it often causes extensive damage to the surrounding area and significantly affects communities. Damage to the infrastructure can put citizens at serious risk and become a major safety hazard. While there may [...]
Water assets can become extremely costly, and many municipalities aren’t equipped to provide the ongoing work needed to maintain and monitor them. Without proper maintenance, these assets can break down and require expensive repairs. This can result in a decrease in useful life. Water asset management is essential to help improve water sustainability and make the jobs of those who oversee these assets more efficient. Having a water asset management system helps maintenance staff properly [...]
Asset management can benefit greatly from the technology available to us today. These technologies allow us to simplify our jobs, manage assets more effectively, and can help cut costs in the long run. Technology, like IoT devices, plays an important part in our society, including in government organizations and businesses. One type of IoT device that is becoming vital in asset management is sensors. IoT sensors are commonly used in asset management today, including in [...]
Efficient asset management is crucial for water utilities in every municipality. With regular maintenance and occasional repairs necessary, having a reliable system in place is essential for proper oversight. ShareNet Municipal Operations Management system offers asset management software specifically designed for water utilities, enabling municipalities to optimize their asset utilization effectively. Discover how the ShareNet Municipal Operations Management system can enhance your public utility management. What Does Asset Management Software for Water Utilities Do? Track [...]
In any municipality, most assets are location-based, such as water distribution, wastewater collection, stormwater, roads, and street signs. While you may have plenty of other assets that don’t have a location, most of them are likely permanently based in one specific area. Managing these location-based assets can often be a challenge for municipalities. This is where geospatial asset management with the ShareNet Asset Management Software comes in handy. Asset Management is part of the ShareNet [...]
Over the years of speaking with Public Works Directors and staff, we have heard the challenges some of the smaller municipalities have with infrastructure assets in their GIS asset management software. This article will describe some of these common problems, practical ideas for improvement and the expected benefits from addressing these problems. Common Problems with Accessing GIS Asset Management Software: Municipalities will often store their asset data in a Geospatial Asset Management system typically referred to as GIS [...]
One of the largest investments of a company is work equipment. Whether it's large equipment, tools, or even tablets and cell phones, asset tracking is a huge benefit for a number of reasons. Check out exactly how easy a CMMS makes asset tracking below. Keep Up with Maintenance Schedules Monitoring your assets is more than just having a place where they are easily found. As a result of keeping up with maintenance schedules, downtime decreases [...]
USING SPARE PARTS INVENTORY MANAGEMENT SOFTWARE AT SHELIVAY MANUFACTURING As we wrap up the series about Kris Camden, Plant Manager - let's talk today about a spare parts management software system and how it affects maintenance and overall production. Kris had repairs on the wait list, parts to order, and downtime backing up. Workers were waiting for parts to be delivered before repairs could begin. Unavailable and unordered parts were the primary reason for delayed [...]
With only 2 posts remaining, let us continue with the story of Kris Camden and the Shelivay Asset Management System Software. Preserve and Maintain Assets Waste was a rampant issue at Shelivay because they didn’t track and maintain their assets. Technicians were waiting around for equipment, tools weren’t available, or they were doing the same job twice because asset maintenance wasn’t properly recorded. This principle holds true in everyday life. Consider budgeting, as an example. [...]