“AMOS is an acronym for Asset Management Operating System; this new acronym reflects the changes that not only the Maintenance world, but the AMOS software, have incurred in the last years.
With equipment becoming more and more complex to install, operate and repair, ensuring that any equipment lives as long as possible while remaining as close as possible to the initial operating conditions (and thus to the initial forecasted output, whatever this output maybe), has become a paramount task for any company. This is why there has been an evolution between Maintenance Management, which was essentially a way to make sure that the equipment was maintained in the best possible operating conditions, to Asset Management, which entails that the equipment has to be kept operational in the most effective way. In Asset Management, issues such as RCA (Root Cause Analysis, i.e. determining the reasons – there may be several – why a given equipment has failed), LCA (Life Cycle Cost Analysis – determining how we can keep any equipment running before it becomes more convenient replacing it instead of repairing it), Stock management (determining the right quantity of spares to be kept in stock, with the lowest possible Rotation Index so that we do not waste money in keeping spares on shelves unnecessarily) all intervene to increase the Operational costs of any equipment. Large companies need to understand how much a given asset is depreciating and when it will need to be replaced. Maintenance thus becomes a still important but just a part of the total equation on how much managing a company (or a ship or an oil rig) costs”.
former SpecTec CEO
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