Enterprise Asset Management

When maintenance of businesses' physical assets goes well nobody acknowledges the existence of a maintenance regime. When maintenance goes badly we hear of the lack or absence of maintenance. Many business leaders show distaste for the costs of maintenance and try to cut corners but when maintenance is improperly administered everybody agrees it is necessary. Corporations are quickly learning that increased automation, aging equipment and infrastructure, the lack of interest by future generations to develop traditional skilled trades, and the exodus of the boomer generation that the performance of maintenance can be the difference between business profitability and business loss. With increasing globalization and just in time inventory systems, corporate leaders who treat maintenance as a profit contributor not a cost center are the winners in the 21st century economy. This book is designed to help new and seasoned leaders to capitalize on the profit potential in the maintenance and reliability function of their business and to provide MBA and executive education programs worldwide insight into the modern issues and opportunities in critical function.