Key Takeaways Also Read: Best Practices for Equipment Care and Maintenance How to Develop an Effective Maintenance Plan An effective maintenance plan is the foundation of efficient operations in any industry that relies on equipment and machinery. Whether you’re in manufacturing, oil and gas, or any asset-heavy business, a well-thought-out maintenance strategy minimizes downtime, reduces […]
Tag: Asset management
Asset management is a critical component of any organization’s strategy. It involves the systematic process of developing, operating, maintaining, and selling assets in a cost-effective manner. Understanding the different types of asset management can help organizations optimize their resources and achieve their goals. In this article, we will explore the three main types of asset […]
In today’s fast-paced business environment, effective asset management is crucial for organizations to maintain operational efficiency and achieve strategic goals. The International Organization for Standardization (ISO) has developed several standards to guide organizations in managing their assets effectively. This article delves into the three key ISO standards for asset management, providing valuable insights and practical […]
Asset management is a critical component of any organization that aims to maximize the value of its assets while minimizing risks and costs. Understanding the core principles of asset management can help businesses streamline operations, improve efficiency, and achieve long-term sustainability. In this article, we will explore three fundamental principles of asset management and how […]
Asset management is a critical component of any organization’s strategy to maximize value and minimize risk. Understanding the 5 P’s of asset management can provide a structured approach to managing assets effectively. This article delves into the 5 P’s—Planning, People, Processes, Performance, and Portfolio—and how they contribute to a robust asset management strategy. Additionally, we […]
Asset management in the oil and gas pipeline industry is a critical function that ensures the efficient and safe operation of pipeline infrastructure. This article delves into the intricacies of asset management, its importance, and how digital solutions like FAT FINGER can revolutionize the process. If you’re looking to streamline your asset management, request a […]
The oil and gas industry is a complex and high-stakes field where efficiency, safety, and accuracy are paramount. One of the critical tools that industry professionals rely on to ensure these standards are met is an asset checklist. This article will delve into what an asset checklist is, its importance in the oil and gas […]
As the oil and gas industry continues to evolve, the need for efficient asset management and Quality Control becomes increasingly critical. The Internet of Things (IoT) has emerged as a game-changer, offering innovative solutions to these challenges. One such solution is FAT FINGER, a digital workflow procedure builder that empowers front-line teams to do their […]
Asset management in the energy sector is a complex task that requires meticulous attention to detail, strategic planning, and efficient execution. With the advent of digital solutions like FAT FINGER, a digital workflow procedure builder, the process has become significantly more manageable. FAT FINGER empowers front-line teams to do their work correctly every time, unlocking […]
As the oil and gas industry continues to evolve, the role of robotics in offshore oil rig maintenance has become increasingly significant. With the advent of advanced technologies like FAT FINGER, a digital workflow procedure builder, the industry is witnessing a paradigm shift in the way maintenance operations are conducted. FAT FINGER empowers front-line teams […]