AM Throwback Monday

Throwback MonIt's throwback Monday! Please enjoy this week's five asset management videos carefully selected for you:

  1. Demystifying IIoT in the context of asset management
  2. Minimising replacement downtime using parallel process mapping and activity externalising
  3. The development of a 'defensible' maintenance budget
  4. Total asset management plan framework
  5. Using data analytics to make smarter business decisions

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Fluidity in Assets – Buildings

COVIDIn the second on our series in Fluidity of Assets, we look at buildings and how they are currently being repurposed to provide new ways to help the community during the coronavirus pandemic.

Let’s head to Western Australia. Nineteen kilometres off the coast of Fremantle, lies Rottnest Island, famous as the home to Australia’s cutest marsupial, the Quokka. However, the infographic gives a brief history of the building assets on the island, and how they have been constructed and repurposed over time.  

And most recently, in light of the COVID-19 pandemic, the Western Australian prime minister is considering the option of Rottnest Island being a quarantine zone1, highlighting again the fluidity of assets to meet stakeholder and community needs.

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Fluidity in Assets – Alcohol Manufacturers

sanitiserThe Asset Management Council invites you to take a quick look at the ways in which businesses are altering manufacturing and production in a series of posts on Fluidity in Assets.

When the supermarket aisles recently became bare of hand sanitiser, Australian gin and rum manufacturers switched their business to produce medical-grade hand sanitiser. Gin company SevenZeroEight, owned by Shane Warne and named for the total number of wickets taken in his cricket career, advised that an agreement had been made to provide a continuous supply of 70% alcohol hand sanitiser at cost to two Western Australian hospitals1.

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Collaborative project and funding announcement brings good news


In these current times of uncertainty, when the global outlook seems bleak, the Asset Management Council is thrilled to hear and share good news. The Minister for Industry, Science and Technology, Karen Andrews, announced that SmartCrete CRC will receive $21 million in government support under the Cooperative Research Centre (CRC) program.

Read more: Collaborative project and funding announcement brings good news

AMCouncil Update on COVID-19 Virus

business 2026646 1920The Asset Management Council Board has been continually monitoring the evolving situation with the Coronavirus outbreak in Australia. The latest advice as of Friday 13th March was that Asset Management Council gatherings could 'proceed as planned' for the time being as all gatherings are less than 500.

However, with the ongoing uncertainty and rapid escalation of COVID-19 over the last few days, the Board has decided to suspend all face-to-face elements of Chapter Technical Meetings until the end of March 2020 and to do what we can to assist in social distancing to slow the spread of COVID-19.

Read more: AMCouncil Update on COVID-19 Virus