Asset E3

How to Assess Performance of Your Asset Maintenance Management

Your business is made up of running a large manufacturing plant that provides your clients with jars and lids for their products. Your machines need to run 24 hours a day and seven days a week to meet your growing demand. Your know you're making a profit, but you also are aware that your costs seem to be increasing faster than your income, meaning your profit margin is decreasing with each passing month. You need a way of monitoring and controlling your overhead costs like your equipment maintenance, payroll and inventory but the job is daunting. You need an