In so many company boardrooms the term 'maintenance' often gives those in seniormanagement an uneasy feeling. Why should this be the case?The main reason may be due to the fundamental way that they think about business. Theygenerally think, speak and discuss opportunities, profits, risks, new markets, added value andcosts for their business.Meanwhile, the maintenance manager generally focuses on techniques, failures, technicalproblems and workforce schemes, rather than purely costs and benefits. Maintenance costsare seen as penalties from 'on high', whilst maintenance as a function is not seen as anopportunity for business improvement, nor for creating added value.Profit-Driven Maintenance for Physical Assets aims to fill the large gap between these twoworlds. In this updated edition, Tim Zaal treats the maintenance function as a purely businessdrivenprocess to fulfill the company's main goals, and address the challenges of organizingthe maintenance activities in the most profitable way for the asset owner.A number of methods are available for maintenance management improvement, includingAsset Management, ISO55000, TPM, RCM, WCM, FMECA, Lean, and CMMS.With the developed 'House of Excellent Maintenance', each maintenance organization is ableto benchmark operational competences and readiness for adopting new ideas.Profit-Driven Maintenance for Physical Assets provides the reader with an overview ofhow all of these methods can improve the maintenance function, and how to maximize theopportunities to utilize them. The maintenance organization and the competencies of thepeople involved are also important features of this book.For maintenance managers, output improvement and operational excellence are high on theagenda. It is important that the maintenance function not only covers the technical aspects ofphysical assets, but that there is also a thorough understanding of the business methods forthinking about assets. We refer to this as 'Technomics'. This approach enables communicationwith senior management to take place on the basis of established business terminology, suchas profit, added value and profitability.Who is this book for?Profit-Driven Maintenance for Physical Assets is essential reading for anyone with an interestin how maintenance can be viewed as a business-driven process, whether the readers areoperational managers, maintenance managers, maintenance engineers, reliability engineers,top managers, senior (financial) staff members, manufacturers of equipment, or serviceorganizations.Profit-Driven Maintenance for Physical Assets is also a valuable resource for postgraduatestudents on maintenance and business engineering courses.Profit-driven Maintenancefor Physical AssetsThis book is a must-read for everybody who dealswith the maintenance function of their organization.
