Benefits of Standardizing Spare Parts Data

Asset-intensive companies rely heavily on effective spare parts management to reduce costs while keeping operations running smoothly. When equipment breaks down or requires routine maintenance, maintenance technicians must be able to determine which spare parts are...

Benefits of Implementing an International Standard

There are numerous factors that determine whether your asset hierarchy is structured to support efficient maintenance practices. Aligning your asset hierarchy with an international standard such as ISO 14224, RDS-PP, or KKS can help you set specific guidelines about...

What Makes a Good Asset Hierarchy?

An asset hierarchy allows companies to organize their equipment and machines stationed across various locations. It is critical for understanding how action on one machine affects other machines and establishing the parent-child relationship amongst multiple assets....