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Profiting from the expertise of many internationally-renowned universities and research laboratories, pharmaceuticals manufacturing accounts for nearly ten per cent of all manufacturing in the UK, with exports worth up to £30 billion a year.

Profiting from the expertise of many internationally-renowned universities and research laboratories, pharmaceuticals manufacturing accounts for nearly ten...

Having spares available for your rotating equipment is only half the story. To reduce maintenance costs and downtime, you also need a spares strategy.

Just managing is reacting to problems. Asset Management is anticipating them. Just managing is allowing assets to lose efficiency. Asset Management is maintaining them at their optimum. Just managing is tolerating downtime. Asset Management is improving uptime. Asset Management is not hard. In fact, any business can manage to do it. 

Industry’s productivity, profitability and reputation depend on the correct functioning of its equipment. But, when equipment fails, is a quick fix or a detailed investigation the best course of action, and what role can Total Cost of Ownership calculations play in the final decision? 

Industry’s productivity, profitability and reputation depend on the correct functioning of its equipment. But, when equipment fails...

To repair, or to replace? That is the question. At least, it is for manufacturers, who are coming under increasing pressure to do more with less, while squeezing out the last drop of potential from every available resource. Enter Total Cost of Ownership (TCO), the acronym that’s here to help, but only if you do it right.

The role of asset management within a functioning production line should not be underestimated; but what does best practice look like? 

Obsolescence may be inevitable, but that doesn’t mean its impact on productivity, reputation and costs is any less tangible. Being prepared and mitigating risks are the most effective ways of avoiding the more severe consequences of part obsolescence. 

Obsolescence may be inevitable, but that doesn’t mean its impact on productivity, reputation and costs is any less tangible.

Asset management can seem complex and intimidating, but careful planning, along with acknowledging where in-house expertise ends and external expertise begins, can be a good place to start.

Asset management can seem complex and intimidating, but careful planning, along with acknowledging where in-house expertise ends and external expertise begins..