A PERFORMANCE MANAGEMENT MODEL FOR PHYSICAL ASSET MANAGEMENT

Authors

  • J.L. Jooste Department of Industrial Engineering, Stellenbosch University
  • D.C. Page Department of Industrial Engineering, Stellenbosch University

DOI:

https://doi.org/10.7166/15-2-204

Abstract

ENGLISH ABSTRACT: There has been an emphasis shift from maintenance management towards asset management, where the focus is on reliable and operational equipment and on effective assets at optimum life-cycle costs. A challenge in the manufacturing industry is to develop an asset performance management model that is integrated with business processes and strategies. The authors developed the APM2 model to satisfy that requirement. The model has a generic reference structure and is supported by operational protocols to assist in operations management. It facilitates performance measurement, business integration and continuous improvement, whilst exposing industry to the latest developments in asset performance management.

AFRIKAANSE OPSOMMING: Daar is

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Published

2011-11-05

How to Cite

Jooste, J., & Page, D. (2011). A PERFORMANCE MANAGEMENT MODEL FOR PHYSICAL ASSET MANAGEMENT. The South African Journal of Industrial Engineering, 15(2). https://doi.org/10.7166/15-2-204

Issue

Vol. 15 No. 2 (2004)

Section

General Articles

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