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asset management

Tips to keep your heavy equipment & machinery always on top condition.

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Heavy equipment & machinery is a highly valuable asset for every company who has/use it, these kind of asset requires constant maintenance to keep it in good working order. However, the only problem with these equipments is the cost – it is huge and sometimes makes quite a big hole in the pocket. Therefore, the…

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Why you need to measure maintenance cost?

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Maintenance is one important part of operating your equipment and its a cost of doing business thus required to be reported in the financial statement. Maintenance costs normally involve many variables; workforce, part replacement & usage, tools rental etc. the purpose of measuring maintenance cost of each asset is to set a benchmark in comparing…

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5 Tips to improve your heavy equipment lifetime

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Heavy machinery is an expensive piece of equipment that needs a lot of attention to help them working at an optimum level of performance. Having a damaged equipment cost a fortune for the company to fix includes the loss of production time which is even a bigger loss. Here are some tips to help you…

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