Asset Management

In assessing your assets to determine the optimum strategy to achieve the lowest life cycle costs, we will take you through a five stage process:

What Is The Current State Of Your Assets?

  • Prepare a complete asset inventory
  • Prepare a condition report
  • Determine remaining life expectancy of assets
  • Asset values and replacement costs can be determined.

What Is A Sustainable Service Level?

  • What is the current demand for your product
  • What is the current performance
  • What are the anticipated future demands

What Assets Are Critical For Continued Performance?

  • List assets in order of importance to operations
  • Analyse historical failures
  • Determine probability of failure by asset type
  • Identify critical vulnerabilities to your operations

How To Minimize Your life Cycle Costs?

  • Move your maintenance from reactive to predictive
  • Analyse the benefits of plant rehabilitation rather than replacement
  • Look at life cycle costs of critical assets
  • Develop a plan to address asset failures

How To Maximize Your ROI?

  • Revise revenues to ensure assets are funded for the required life cycle
  • Allocate resources for asset rehabilitation, maintenance and replacement


In implementing your asset management programme, the team from Melbourne Maintenance Experts will certainly be utilising their skills and experience in providing first class Asset Maintenance.

Asset maintenance refers to all activities required to return your manufacturing or related equipment to its optimal operating condition. Over time all assets will experience normal wear and tear and thus asset maintenance is an essential component of maintaining the usefulness and hence the value of your investment.

The asset maintenance plan that is recommended to you by our team will normally involve either corrective or preventative maintenance. Corrective asset maintenance includes the detection and rectification of faults often identified from either current or historical asset failures. This will result in your plant and equipment returning to optimal operating condition.

Preventative asset maintenance will on the other hand occur before equipment failure can impact on productivity. Preventative maintenance makes use of ongoing, scheduled plant inspections to anticipate and detect faults and provide corrective action in order to avoid an asset failure. This process of changing parts, servicing equipment and checking specifications results in the early detection of processing plant not performing to peak capacity and provides you with the time to prepare for any eventuality.