Asset Management Solutions
Ontracks helps leading organizations with managing, integrating and the development of critical business processes to achieve tangible improvements in physical asset management. Our experienced consultants will work to understand your current business processes, your desired business processes, document the gap and identify recommended improvement initiatives.
Our consultants have executed hundreds of engagements and have used this experience to develop a framework for best-in-class Asset Management. This framework includes a catalogue of leading processes for Asset Management, Inventory Management, Warehousing, and Purchasing. In situations of compressed timeframes or greenfield sites, our clients have purchased this catalogue as a starting point for future state processes and to decrease the time and consulting costs in creating new processes from scratch.
Our catalogue of leading processes for Asset Management includes:
- Identifying work and creating work requests
- Executing emergency work
- Executing minor repair jobs
- Executing capital or engineering projects
- Planning work
- Scheduling work
- Assigning work
- Executing routine and corrective maintenance
- Managing Repairable Spares
- Completing and closing work orders
- Cost Management
- Shutdown/Turnaround planning
- Continuous improvement
Our consultants can also assist in leading practices for Asset Management:
- Process audits and assessments
- Leadership in strategic cross-functional process design projects
- Root Cause Analysis
- Developing a Condition Based Monitoring program for rotating assets
- Equipment and/or Location hierarchy development
- Developing a preventive maintenance program
- Coaching on the use of process methodologies and tools for assessing people, process and systems performance
- Business process consulting/facilitation