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Applying asset management and optimisation in defence operations is highly efficient, driving cost savings and readiness. Below, explore how asset optimisation encourages more efficient cost application and streamlines operations for more desirable outcomes.
What Is Asset Optimisation?
Asset optimisation is a strategic process that enhances the performance of a business’s assets. This strategy is created to maximise asset value while simultaneously reducing costs and driving efficiencies. This pertains to an organisation’s tangible assets, such as equipment, and intangible assets, which may include software systems. Optimisation of assets will involve tracking, and managing an asset lifecycle from acquisition to disposal. It may also be employed in mitigating risk, optimising cost efficiencies and other measures that can be taken to positively contribute to a company’s goals.
By focusing on competence, cost-effective solutions and longevity, asset optimisation can employ a series of mindful, targeted actions, as well as tools and technologies, to make sure that assets are used to their full capacity over their lifecycle.
Asset Optimisation in Defence Operations
Defence assets are highly complex and can be expensive. These complex assets require a specialised level of maintenance and support. Because of this, the defence industry employs unique asset management techniques which include managing the lifecycle of highly technical equipment and maintaining readiness for deployment.
Asset optimisation’s key benefit in defence operations is in the maintenance of equipment. The primary goal of maintenance is to secure ongoing functionality, minimised downtime and the maximisation of asset lifespan. This involves multiple strategies:
Preventive Maintenance
With regularly scheduled service sessions and routine inspections, operations and their ongoing functionality can be ensured over long periods of time.
Predictive Maintenance
With the use of data, thermal imaging and systematic condition monitoring, potential failures can be addressed before they occur during operations.
Corrective Maintenance
Corrective maintenance is a last resort that is actioned when an asset fails during operations, with preventative and predictive maintenance at play, corrective measures should be infrequent.
Root Cause Analysis
Specialist examinations may identify the underlying reasons for equipment failures to allow for targeted solutions that can be deployed to reduce future problems during operations.
Spare Part Management and Inventories
Spare part management can ensure the availability of critical parts, and this involves tracking ongoing usage, reorder systems and effective storage solutions.
Documentation
Records detailing inspections, repair logs and asset lifespan can assist in trend analysis, the meeting of regulatory standards and may aid in informed decision making.
Compliance
Ensuring the upkeep and meeting of safety standards is critical in all activities, training and specialist assistance may be required for ongoing compliance.
These components form a strategic and proactive asset maintenance framework. This maximises reliability and helps to mitigate unplanned downtime – ultimately optimising all resources and operations.
Defence equipment maintenance is crucial to operational effectiveness, readiness and asset longevity. As leaders in asset optimisation, Berg Engineering understands clients’ requirements, using sophisticated strategies and highly developed efficiencies to strike the right balance between cost, risk, asset availability and reliability. Discover our asset optimisation capabilities across many asset-intensive industries as well as our extensive suite of advanced services online today.
