What are the best practices for asset lifecycle management in your industry?
Asset lifecycle management (ALM) is the process of optimizing the performance, reliability, and value of your physical assets throughout their lifespan. It involves planning, designing, acquiring, operating, maintaining, and disposing of assets in a systematic and cost-effective way. In this article, we will explore some of the best practices for ALM in your industry, whether you are a technical director in manufacturing, engineering, construction, or any other sector that relies on complex and critical assets.