Cover Your A$$ets

Cover Your A$$ets
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Assets are the resources a company manipulates and uses to make income. This book helps to ensure your assets are always available to make income. It describes how to design for and care for production and facility assets.<BR /> &#160;&#160;&#160; In his fun and informative second work, <I>Cover Your A$$ets</I>: <I>Asset Management at Your Place and at Your Pace</I>, John Ross breaks down the concept of asset management into relevant working elements. With ample space to jot down your thoughts and own experiences, this work is like Mad Libs&trade; for anyone wanting to implement Asset Management. In the end, readers can review, edit, compile, and pull together their own recorded thoughts and ideas to form a very obtainable vision for the future.<BR /> &#160;&#160;&#160; There are many technical references on asset management, but what is truly needed in the field is a step-by-step process for taking care of the assets and equipment that makes the company profitable. By reading this guide, users will feel as if they are personally working with a seasoned, experienced asset management professional to put together a customized strategy for how asset management could and <I>should</I> be implemented at their own location.<BR /><BR /><B><U>Features</U></B><BR /> &#160; <ul><li>Focuses on physical industrial assets (manufacturing, service, and facilities) and creating an asset management strategy to help generate revenue.</li><li>Reviews the ISO 55000 standards and explains how to implement them with your personal asset management strategy in mind.</li><li>Takes a deep dive into designing equipment for optimum maintainability and reliability.</li><li>Includes a section on Bill of Materials and Spare Parts, two topics that are often misunderstood.</li><li>Each chapter ends with a review of the main points. The synopses will form segments of your overarching approach to asset management.</li></ul>

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John L. Ross. Cover Your A$$ets

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Cover Your A$$ets

Asset Management

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A colleague of mine once told me that in his opinion everyone in an organization owes their paycheck to the smooth and reliable operation of the capital equipment of the enterprise. This interpretation lends itself to all facets of industry. A significantly important asset in your company, in some small way, determines if you get paid or not, and oftentimes how much. Extend that idea out and you can see that the operation and continued operation of our plant and facility assets determine where we live (socio-economic), what kind of car we drive, and even where our kids go to college. That is or should be a powerful thought.

I borrowed this idea, and a central tenet of Total Productive Maintenance (TPM), to make this observation in my first book: “Everyone in the organization has, as a responsibility for their role, an understanding that their work should be profitable to the company. On the subject of equipment reliability, everyone has either a tacit or implicit responsibility to make sure the operation runs smoothly and reliably. When capital equipment is involved, everyone is responsible for equipment reliability.” (Ross, p. 49)

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