Asset Management
6 articles
What is Preventive Maintenance for Equipment?
Manufacturers face an average downtime cost of $125,000 per hour, a staggering figure most businesses could slash by simply planning ahead, according to GetMaintainX .
How Asset Manager Pro Supports Multi-Site Asset Inspection Workflows
Managing pre-start inspections for vehicles, plant, and equipment across multiple depots, projects, or worksites presents significant operational challenges. When records are scattered across paper forms, spreadsheets, o…
Proactive maintenance: Essential to prevent billions in downtime
Unplanned equipment downtime costs the average manufacturing facility approximately $260,000 per hour, a figure that can quickly cripple operations.
Hospital Equipment Underutilization: Impact on Operational Efficiency
The utilization coefficient of medical equipment in hospitals averages just 0.
ABAX to Demonstrate Total Site Visibility Tool Tracking at ScotPlant 2026
ABAX is set to showcase its Site Operations solution at ScotPlant 2026, providing total site visibility and advanced tool tracking. This technology helps construction and plant hire professionals mitigate asset loss and improve operational efficiency.
Tech Firms Debut New Site Visibility and Tool Tracking Technology
A wave of new site visibility and tool tracking technology has been announced, promising to unify operational oversight from small tools to large plant equipment.