Asset Management Blogs
Asset Integrity Management: Ensuring Long-Term Reliability
Introduction Every company handling high-risk materials or complex processes—especially in heavy industries—needs to apply Risk-Based Process Safety (RBPS) principles. Why? To minimize inherent risks and ensure safe operations. One crucial part of RBPS is asset integrity management, found in the Managing Risk pillar. Keeping your equipment and facilities reliable isn’t just important—it’s essential. It helps…
Read MoreWhat is Process Failure Mode and Effect Analysis (PFMEA)?
LLumin discusses MRO inventory optimization strategies such as JIT and VMI and when each approach is appropriate.
Read MoreEffective Strategies for Healthcare Facility Operations and Maintenance
Introduction We wrote this guide with healthcare facility managers in mind. Our goal is to provide a practical solution that helps alleviate the myriad daily challenges you face – from balancing patient care, staff satisfaction, and financial constraints to ensuring patient safety, upholding stringent compliance requirements, and controlling costs. In it, we’ll explain what operations…
Read MoreHealthcare Asset Management: Key Benefits
Introduction Behind the scenes at every hospital, clinic, and laboratory, there is a team responsible for managing the assets and equipment medical professionals use on a daily basis. Asset management, specifically, involves a high degree of risk and responsibility, particularly when dealing with high-tech equipment used in emergency rooms, diagnostic testing, or high-resolution imagery. Successful…
Read MoreEnergy Management Software: Save Costs and Boost EfficiencyÂ
Introduction Businesses have been compelled to lessen their carbon footprint by lowering operational costs and optimizing energy usage. Here comes the energy management software, a powerful tool not only to monitor energy consumption but also to find areas of inefficiency and get on board practices that not only save energy but also contribute to sustainability. …
Read MoreConstruction Asset Management: Definition, Examples and Processes.
LLumin discusses MRO inventory optimization strategies such as JIT and VMI and when each approach is appropriate.
Read MoreWhat is Mean Time to Failure (MTTF) and How to Calculate It
LLumin discusses MRO inventory optimization strategies such as JIT and VMI and when each approach is appropriate.
Read MoreWhat is Design Failure Mode and Effect Analysis?
LLumin discusses MRO inventory optimization strategies such as JIT and VMI and when each approach is appropriate.
Read MoreWhat is Fault Tree Analysis? Benefits and Use Cases
LLumin discusses MRO inventory optimization strategies such as JIT and VMI and when each approach is appropriate.
Read MorePFMEA vs DFMEA: Core Benefits and Differences
LLumin discusses MRO inventory optimization strategies such as JIT and VMI and when each approach is appropriate.
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