Cover Your A$$ets. John L. Ross
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Cover Your A$$ets
Asset Management
at Your Place and at Your Pace
John L. Ross, Jr.
INDUSTRIAL PRESS, INC.
Industrial Press, Inc.
32 Haviland Street, Suite 3
South Norwalk, Connecticut 06854
Phone: 203-956-5593
Toll-Free in USA: 888-528-7852
Fax: 203-354-9391
Email: [email protected]
Author: John L. Ross, Jr.
Title: Cover Your A$$ets: Asset Management at Your Place and at Your Pace
Library of Congress Control Number: 2019938039
© by Industrial Press.
All rights reserved. Published in 2019.
Printed in the United States of America.
ISBN (print): 978-0-8311-3641-3
ISBN (ePDF): 978-0-8311-9521-2
ISBN (ePUB): 978-0-8311-9522-9
ISBN (eMOBI): 978-0-8311-9523-6
Editorial Director/Publisher: Judy Bass
Copy Editor: Janice Gold
Compositor: Patricia Wallenburg, TypeWriting
Proofreader/Indexer: Claire Splan
No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without written permission from the publisher.
Limits of Liability and Disclaimer of Warranty
The author and publisher make no warranty of any kind, expressed or implied, with regard to the documentation contained in this book.
All rights reserved.
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For Mom and Dad
Contents
I Just Don’t Think You’re Smart Enough—An Introduction
Helpful Hints to Get the Most from This Book
How Do Assets Contribute to the Success of the Company?
TWO The Asset Management Standards
ISO 55001
ISO 55002
Chapter Summary
THREE Capital Assets
Buy New or Make Do
Maintainability and Reliability, or Having Your Cake and Eating it Too
Standardization of Parts
Don’t Quit in the Middle
Chapter Summary
FOUR BOMs—Parts of the Whole
So What’s the Big Deal?
In the Scheme of Things
BOM Not Bomb
Who Dat?
Stock/Don’t Stock
Different Strokes for Different Folks
Whose Line Is It Anyway?
The Not-So-Dirty 2-1/3 Dozen (28)
Chapter Summary
FIVE Production in an Asset Management World