whnThe coronavirus is doing its best to wreak destruction on a wide scale. We’re in lockdown, advised to stay home to flatten the curve, and keep everyone as safe as possible. We’re hearing lots of stories about businesses working hard to provide products to protect our frontline workers: health professionals, delivery drivers, supermarket staff and other essential enterprises.

The fact is we do not know what lies ahead with COVID-19. Our politicians are clear in their advice that the restrictions may be lengthened. Our future depends on what we don’t know. And that is unsettling. But one thing we do know is your business still needs an asset management plan; probably now more than ever.

Asset reliability is paramount in these times. Whether you are running an essential business or if you’re closing for the time being, make sure your assets are maintained and running in tip-top shape.

Preventative maintenance schedules ought to be still in place, to offset the safety and reliability of the assets, your business, and any staff that are working. Now more than ever, condition monitoring is applicable to ensure that the asset continues to work until the next examination. Check for vibration measurements, wear or misalignment of parts, cracks and depths in surface corrosion.

If necessary, perform corrective maintenance tasks immediately. Conduct repairs and renewals to ensure that the asset performs its function, thereby alleviating risk and improving safety measures. There is less risk to your business when your assets are fit-for-purpose. And in these times of great risk and uncertainty, having one less concern is surely a good thing.

The Asset Management Council is here for you during these uncertain times. We’re just an email away; if you have any concerns, please get in touch via communications@amcouncil.com.au and we’ll do our best to advise you with your asset management strategies in this difficult time.