Optimise asset management by defining assets as systems, not components

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John Woodhouse

In the third part of John Woodhouse's series on asset management, we find out how a change of mindset is a crucial component in the journey towards business excellence Asset management can make a significant impact when companies start thinking about the systems – the collections of assets that provide value – and stop focusing on maintenance of individual components.Too often in asset management programmes, the physical equipment units are used to define the assets. This leads to lo...
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