Maintaining assets in a cost-effective manner is essential to a company's profitability. To effectively and efficiently execute an Asset Management (Maintenance & Reliability - M&R) Strategy, an organization should have an effective Computerized Maintenance Management System (CMMS). The CMMS is the system of record that provides well organized and accurate data for continuous improvement. Effective utilization and execution of the three main elements of an Asset Management Strategy (Work Management, Asset Strategies, and Defect Elimination) requires accurate data and history in the CMMS.

To do this, an organization must make the investment of effort to collect necessary data to create and possess an accurate Equipment Register. This investment provides an organization with agreed-to and standardized definitions, designs, processes, and guidelines for building the sub-elements of the Equipment Register which include a Master Equipment List (MEL), Equipment or Asset Hierarchy, and Master Data. Master Data is the foundation of Asset Management. It is a starting point for continuous improvement.

This presentation will highlight the reasons for effective data collection and the do's and don't's associated with capturing good data in your CMMS in to allow for effective Asset Management.

Speaker:

Blake A. Baca, CMRP, CRL - Owner/Asset Management Coach, BDB Solutions LLC

• Asset Management professional with over 35 years of experience in industries including mining, refining, smelting, oil & gas, power generation, foundry, manufacturing, and material processing.
• Worked for Alcoa, Inc. for the first 20 years of career
• Asset Management Consultant since 2009
• Bachelor of Science in Mechanical Engineering degree from Texas Tech University
• Certified Maintenance and Reliability Professional (CMRP)
• Certified Reliability Leader (CRL)

► Register for an upcoming webinar here: https://flukereliability.info/bpw-frr