Profit-driven Maintenance for Physical Assets

In so many company boardrooms the term ‘maintenance’ often gives those in senior
management an uneasy feeling. Why should this be the case?
The main reason may be due to the fundamental way that they think about business. They
generally think, speak and discuss opportunities, profits, risks, new markets, added value and
costs for their business.
Meanwhile, the maintenance manager generally focuses on techniques, failures, technical
problems and workforce schemes, rather than purely costs and benefits. Maintenance costs
are seen as penalties from ‘on high’, whilst maintenance as a function is not seen as an
opportunity for business improvement, nor for creating added value.
Profit-Driven Maintenance for Physical Assets aims to fill the large gap between these two
worlds. In this updated edition, Tim Zaal treats the maintenance function as a purely businessdriven
process to fulfill the company’s main goals, and address the challenges of organizing
the maintenance activities in the most profitable way for the asset owner.
A number of methods are available for maintenance management improvement, including
Asset Management, ISO55000, TPM, RCM, WCM, FMECA, Lean, and CMMS.
With the developed ‘House of Excellent Maintenance’, each maintenance organization is able
to benchmark operational competences and readiness for adopting new ideas.
Profit-Driven Maintenance for Physical Assets provides the reader with an overview of
how all of these methods can improve the maintenance function, and how to maximize the
opportunities to utilize them. The maintenance organization and the competencies of the
people involved are also important features of this book.
For maintenance managers, output improvement and operational excellence are high on the
agenda. It is important that the maintenance function not only covers the technical aspects of
physical assets, but that there is also a thorough understanding of the business methods for
thinking about assets. We refer to this as ‘Technomics’. This approach enables communication
with senior management to take place on the basis of established business terminology, such
as profit, added value and profitability.
Who is this book for?
Profit-Driven Maintenance for Physical Assets is essential reading for anyone with an interest
in how maintenance can be viewed as a business-driven process, whether the readers are
operational managers, maintenance managers, maintenance engineers, reliability engineers,
top managers, senior (financial) staff members, manufacturers of equipment, or service
organizations.
Profit-Driven Maintenance for Physical Assets is also a valuable resource for postgraduate
students on maintenance and business engineering courses.
Profit-driven Maintenance
for Physical Assets
This book is a must-read for everybody who deals
with the maintenance function of their organization.