Best Practices

Best Practices in physical Asset Management include the reviewing the asset inventory, preparing an asset inventory and system map, adjusting the asset inventory, developing a condition assessment and rating system for each asset, assessing remaining useful life of the assets, and determining asset values and repair/rehabilitating/replacement costs.

Implement Cutting-Edge Asset Management

How to Select and Implement Cutting-Edge Asset Management Technologies

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In today’s rapidly evolving industrial and digital landscape, the strategic selection and implementation of modern asset management technologies has become a critical determinant of organizational success.As businesses grapple with increasingly complex infrastructures, aging assets, rising operational costs, and stringent regulatory demands, traditional asset management approaches often fall short.Modern technologies—ranging from Internet of Things (IoT) sensors […]

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Set Winning Goals

How to Assess & Set Winning Goals for your Organization’s Transformation

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In today’s fast-paced and data-driven world, the transition from paper-based maintenance systems to advanced asset management solutions is not just a technological upgrade but a strategic necessity. Traditional methods of record-keeping, characterized by manual data entry and cumbersome documentation, often lead to inefficiencies, errors, and missed opportunities for optimization. However, the advent of modern technologies

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Why Paper-Based Maintenance Is Costing You Time & Money

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The transition from paper-based maintenance systems to advanced asset management solutions represents a fundamental shift in operational efficiency and strategic oversight. Traditional record-keeping methods, characterized by manual data entry and cumbersome documentation, often resulted in inefficiencies, errors, and missed opportunities for optimization. However, the advent of modern technologies—including real-time data analytics, predictive maintenance algorithms, and

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Eskom at a crossroad

Eskom at a Crossroads: The Urgent Need for Reform

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Eskom, South Africa’s state-owned power utility, stands at a critical juncture. Years of financial strain, operational inefficiencies, and infrastructure challenges have left the country grappling with persistent energy shortages and rolling blackouts. As power demand continues to rise, Eskom’s ability to provide reliable electricity has become a growing concern, impacting businesses, households, and the nation’s

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Modern Technologies in a Revolutionized Maintenance Practice

Asset Register Management, Best Practices /

The shift from traditional paper-based maintenance systems to advanced asset management solutions marks a transformative leap in operational efficiency and strategic oversight. Legacy record-keeping methods—plagued by manual data entry, cumbersome documentation, and inefficiencies—often led to errors and missed opportunities for optimization. Today, modern technologies such as real-time data analytics, predictive maintenance algorithms, and AI-driven automation

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Transforming Maintenance Management: From Paper to Lifecycle Asset Management

Best Practices /

In today’s fast-paced world, efficient asset management is crucial for organizational success. Agulhas Utilities Corporation is at the forefront of this transformation, helping organizations and local governments shift from traditional paper-based maintenance management systems to cutting-edge Lifecycle Asset Management (LAM) systems. In this blog post, we’ll walk you through the steps of this transformative journey.

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Utilities—Strategic Management, KPIs, and Budgeting

Best Practices /

Effective management of utility services is crucial for maintaining reliability, efficiency, and sustainability. This article, “Utilities—Strategic Management, KPIs, and Budgeting,” is designed to provide you with a comprehensive understanding of strategic management principles tailored to the utilities sector. You will explore key performance indicators (KPIs) essential for monitoring and improving utility operations. Additionally, you will

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Zero-Based Budgeting for Optimal Control

Best Practices /

Budgeting is an essential aspect of financial planning, whether it’s for individuals, organizations, or governments. It’s crucial in managing resources effectively and ensuring that expenditures align with available funds. Among the various budgeting methods, Historically Based Budgeting (HBB) and Zero-Based Budgeting (ZBB) are the most used approaches. Each method has distinct philosophies, processes, and outcomes,

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Implementing Modern Asset Management Technologies

Evaluation Criteria for Electricity Tariff Increases

Best Practices, Power Quality Matters /

Understanding the criteria for evaluating electricity tariff increases is essential for ensuring fair and equitable pricing within the energy sector. This comprehensive guide covers the key factors that regulators and utility companies consider when assessing proposed tariff adjustments. You will explore the economic, social, and environmental impacts of tariff changes, as well as the methodologies

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Addressing Ongoing Concerns: The State of My Complaint Against City Power Johannesburg

Best Practices, Power Quality Matters /

I am compelled to bring attention once more to the unresolved and dishearteningly poor service I have experienced with City Power Johannesburg. Despite my formal complaint to the National Energy Regulator of South Africa (NERSA) on April 15, 2024, my concerns have languished without effective resolution. The lack of substantial action to address the significant

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