Cover Your A$$ets. John L. Ross
Cover Your A$$ets
Asset Management
at Your Place and at Your Pace
John L. Ross, Jr.
INDUSTRIAL PRESS, INC.
Industrial Press, Inc.
32 Haviland Street, Suite 3
South Norwalk, Connecticut 06854
Phone: 203-956-5593
Toll-Free in USA: 888-528-7852
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Email: [email protected]
Author: John L. Ross, Jr.
Title: Cover Your A$$ets: Asset Management at Your Place and at Your Pace
Library of Congress Control Number: 2019938039
© by Industrial Press.
All rights reserved. Published in 2019.
Printed in the United States of America.
ISBN (print): 978-0-8311-3641-3
ISBN (ePDF): 978-0-8311-9521-2
ISBN (ePUB): 978-0-8311-9522-9
ISBN (eMOBI): 978-0-8311-9523-6
Editorial Director/Publisher: Judy Bass
Copy Editor: Janice Gold
Compositor: Patricia Wallenburg, TypeWriting
Proofreader/Indexer: Claire Splan
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For Mom and Dad
Contents
I Just Don’t Think You’re Smart Enough—An Introduction
Helpful Hints to Get the Most from This Book
How Do Assets Contribute to the Success of the Company?
TWO The Asset Management Standards
ISO 55001
ISO 55002
Chapter Summary
THREE Capital Assets
Buy New or Make Do
Maintainability and Reliability, or Having Your Cake and Eating it Too
Standardization of Parts
Don’t Quit in the Middle
Chapter Summary
FOUR BOMs—Parts of the Whole
So What’s the Big Deal?
In the Scheme of Things
BOM Not Bomb
Who Dat?
Stock/Don’t Stock
Different Strokes for Different Folks
Whose Line Is It Anyway?
The Not-So-Dirty 2-1/3 Dozen (28)
Chapter Summary
FIVE Production in an Asset Management World
Begin with the End in Mind
Circle the Wagons
Welcome to the Matrix
What’s Next?
The Doctor Will See You Now
I’m Givin’ Her All She’s Got
Chapter Summary
SIX Asset Management at Your Place and at Your Pace
Organizational Plan
Organizational Objectives
Asset Management Policy
SAMP
Asset Management Plans
The Scenario
An Asset’s Life
Chapter Summary
Summary