Asset Management Explained
Asset management. It’s one of the new buzz phrases and one we hear a lot here at Secondwind. But do you know what that really means? Simply put, it means taking care of your stuff. But again, what does it really mean to take care of your stuff?
We all know the appliances in our homes need to be replaced periodically. They have a life expectancy. We know our vehicles don’t last forever. Yet, with nearly 30 years of experience in the water industry, it still amazes me how often people think that pumps and tanks and pipes will last forever. They don’t. But, you can make them last longer if you take care of them.
Sometimes it’s easier to look at what it means to not take care of your stuff to describe how you should take care of it. With apologies to our customers where things didn’t go quite right (we know they have good senses of humors), let’s look at a few examples of poor asset management from Your Daily ‘Doh!’