Class notes
Lecture notes of topic 3 of Collab. in SCM & Adv. Topics
- Course
- Institution
Lecture notes of topic 3 of Collab. in SCM & Adv. Topics
[Show more]
Seller
Follow
gittevanderheijden
Reviews received
Content preview
- COLLABORATION IN SCM AND ADVANCED TOPICS LECTURE 5 AND 6 -Smart asset management (SAM): the overview effect
- Asset management (AM) concerns a huge part of the economy.
· Tunnels & roads, trains & planes, machines & plants, electricity
and wastewater networks … your smartphone and bicycle.
· E.g., ASML.
- Aging assets, circularity requirements and digitization/industry 4.0 all
require major changes: from AM to SAM.
- This requires a systemic, supply chain perspective on all the current
fragmented activities.
- Wide array of topics, from technical to economical, from IM to social –
and they are all interconnected.
Why SAM:
- For us:
· Societal: without SAM, out society will end.
· Educational: an important yet unknown topic.
· Academic: no integrated business text available yet.
· Personal: inspiring to develop transferrable knowledge.
- For you:
· A topic in which you can make a living AND save the planet.
· A new area, with lots of employment opportunities.
· A new field, in which you are a co-developer.
What topics does it cover:
-
- 3 main fields: operations management, engineering (models,
maintenance, etc.), and digitization (IT, safety, etc.).
Management of technical assets:
- Asset management refers to the systematic approach of the
governance and realization of value from the things that a group or
entity is responsible for, over their whole life cycles.
, - It may apply botch to tangible assets (physical objects such as
buildings or equipment) and to intangible assets (such as human
capital, intellectual property, goodwill, or financial assets).
- Asset management is a systematic process of developing, operating,
maintaining, upgrading, and disposing of assets in the most cost-
effective manner (including all costs, risks, and performance
attributes).
- It is also increasingly used in both the business world and public
infrastructure sectors to ensure a coordinated approach to the
optimization of costs, risks, service/performance, and sustainability.
There is a wide variety of technical assets and associated traditional ways of
managing them.
-
- Service centers: repair for example phone or laptop – you can bring it.
- For mobile, people have to move along the cycle/chain to get
maintenance at a specified center/location.
- Specific: it is internal co-located maintenance.
The way the maintenance is done is determined by the nature/kind of
the asset.
Asset management is hugely important for many sectors of the economy.
- Currently, our technical assets are in need of major upgrades (and
adaption to sustainability) because technical assets grow enormously.
-
- Assets are often aging, so that’s why they need the upgrades.
, Aging assets meet digitalization:
-
- A big innovation gap digitalization is one of the main technical
solutions.
- Double the productivity of the maintenance workers, then the problem
would also be solved, but this is not realistic.
- Hands on tooltime: 30% in this sector – of 8 hours of work, 3 hours are
spent effectively potential for productivity improvement.
Technological innovation offers solutions, but needs to be supported:
- Economic incentive and … incentive needed for the technological
innovation.
-
Triple smart asset management:
- The S in SAM means smart/digitized, systemic, and sustainable.
- Digitized: all the steps once done by human senses and with paper
documents are not with sensors and digital media (e.g., product in
stock in a shop is available online).
- Systemic: integrated across the supply chain, across the lifecycle.
- Sustainable: SAM leads to smaller footprints (longer lifetime, fewer
spar eparts, less energy usage, less pollution).
Human senses are not sensitive enough to pick up small deviations early on
in the degradation process.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller gittevanderheijden. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.12. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67788 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now