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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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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. [...]
Equipment Management I encourage you to read the previous post- CMMS Maintenance Standards. Equipment management was poor on a good day but Kris was intimidated by the research, approval, and implementation process of purchasing a CMMS. But she needed a maintenance system that ensured faster turnaround time for PM tasks and routine maintenance. She had so many questions. What was equipment downtime costing their bottom line? Would there be a positive ROI on a CMMS software purchase? [...]
As we continue on this journey with Shelivay Manufacturing, I encourage you to read the 2 previous posts, beginning with: Maintenance Management System Part I – The Audition. Shelivay was using the old-school method of managing repairs with mountains of paper that included warranty info, parts, work orders, notes, and inspections. Automating this process guarantees visibility into the repair history, dates of service, authorizations, and other pertinent information. Kris needed to set CMMS maintenance standards and [...]