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Adapting modern portfolio theory for prioritising asset care planning in industry
(Southern African Institute for Industrial Engineering, 2014-05)
Productivity improvement within any organisation can lead to increased turnover. This study focuses on developing a maintenance productivity improvement model that is based upon an established financial investment portfolio ...
Prioritising maintenance improvement opportunities in physical asset management
(Southern African Institute for Industrial Engineering, 2014-11)
Physical Asset Management (PAM) initiatives suffer many barriers in implementation that can hinder their influence and sustainability. One of these barriers is the lack of buy-in from all levels in the organisation, due ...
A simplified numerical decision-making methodology for physical asset management decisions
(Southern African Institute for Industrial Engineering, 2014-05)
The management of physical assets has become a popular field recently, and is acknowledged in many disciplines worldwide. Physical Asset Management (PAM) is a complex subject that requires the participation of many ...
The possible influence of risk management, forecasting, and personnel training in physical asset management
(Southern African Institute for Industrial Engineering, 2014-08)
The work presented in this paper highlights the possible effects of risk management, forecasting, and personnel training in the physical asset management environment. Each section is taken separately, and an argument is ...
Application of lean tools in the supply chain of a maintenance environment
(Southern African Institute for Industrial Engineering, 2017)
Historically, Lean thinking has limited applications in the maintenance environment (that is, a non-manufacturing environment). This article reports on the Lean tools that can be implemented in the maintenance environment. ...