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Edward Lowton
Editor |
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Prevent depletion of your assets; three tips
26 February 2019
Today's world is changing rapidly. Technological developments occur in quick succession. And a changing supply and demand defines how competitive your machine park is. The choices you make directly affect the ageing of your machinery.

Management often tends to consider the short term because this means a quick and easy cost reduction. The problem with looking only at the short term is that often assets become depleted. This means cost saving in the near future, but a quicker deterioration of machinery in the long run. This causes more failures and downtime. The need to keep downtime to a minimum is high and requires more than just timely maintenance.
These 3 tips will help you make your machinery competitive, and to keep it that way.
1. First of all it is important to register your machinery as accurately and completely as possible.
2. Make sure you have a clear short-term and a long-term life span prognosis.
3. On the basis of all of the above, what do you think would be a fitting action to keep your machine park competitive?
These tips are part of our E-book “My machinery is ageing; how do I keep it competitive?” Need more inspiration? Download the E-book here!
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