Asset Management Blogs

Healthcare 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…

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Energy Management Software: Save Costs and Boost Efficiency 

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. …

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Construction Asset Management: Definition, Examples and Processes.

LLumin discusses MRO inventory optimization strategies such as JIT and VMI and when each approach is appropriate.

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What 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.

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What is Design Failure Mode and Effect Analysis?

LLumin discusses MRO inventory optimization strategies such as JIT and VMI and when each approach is appropriate.

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What 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.

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PFMEA 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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MRO Inventory Optimization and Best Practices

LLumin discusses MRO inventory optimization strategies such as JIT and VMI and when each approach is appropriate.

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Preventive Maintenance in the Automotive Industry Guide

Introduction As technology advances, the automotive industry is challenged to grow and adapt to these changes. Specifically, networks of sensors, instruments, cameras, and fault detection systems require proactive maintenance, along with a vehicle’s internal mechanics. A preventive maintenance approach can be a reliable solution to enhance vehicle performance and reduce unexpected downtime.  In this guide,…

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Preventive Maintenance in the Trucking Industry: Best Practices

Introduction The trucking industry has faced several challenges recently, including high fuel prices, strict regulations, and driver shortages along with the pressure to deliver goods on time. Implementing an effective maintenance program is an important practice for ensuring a fleet’s safety, efficiency, and longevity. This article will discuss preventive maintenance in the trucking industry, how…

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