In modern industry, where machinery often represents the largest share of capital investment, understanding the real economic ...

Learn what basis value is, how to calculate it, and see examples to understand its role in reducing tax burdens on fixed ...

When making an investment decision, it helps to use all of the resources at your disposal. Investors often include net asset value when considering an investment. Net Asset Value (NAV) is one way to ...

The methodologies for managing assets to ensure reliable performance first began to be developed by the airline and power industries and the U.S. military in the 1970s. The methodologies for managing ...

Maintenance is fundamentally about sound asset management, and should be regarded as a category of asset management. An important feature of any asset is its ability ...

Reliability engineering is often associated with maintenance engineering; however, a reliability engineer’s skill set is more diverse, driving business strategies to achieve goals through a ...

US-based packaging manufacturer Green Bay Packaging (GBP) has implemented IFS cloud enterprise asset management (EAM) and NRG master data management solutions to streamline maintenance processes and ...

Conditioned by recent marketing efforts, here’s what comes to mind when one hears the term reliability: physical assets, reliability engineering terms such as mean-time-between-failure, and ...