A benchmark for industrial and technological asset management

Why is industrial and technological asset management essential?

The triptych man-method-machine is at the heart of organizational performance. Lean, Lean Six Sigma, Lean Management and TPM have been developing best practices around these three poles of excellence for decades. Societal, cultural and economic changes are constantly challenging each part of this triptych, as well as its overall cohesion.

This is particularly the case today with "machine" assets. Two illustrations of this principle seem relevant today:

  • Industry of the future (4.0, 5.0...): the tool traditionally expected to deliver efficiency and safety is becoming not only a means of agility, but also a stimulus for revolutionizing business models. It's a real inversion of the means/strategy norms for the machine.
  • Strategies to relocate production as close as possible to consumer areas: the social contexts of these relocations will require intensive and extensive use of automation (machines and technologies) to produce goods and services that are accessible to the customer and profitable for the company.


To support these transitions and meet performance expectations, a genuine management of industrial and technological assets must emerge within corporate governance.

How to optimize asset management?

Our experience in asset management has enabled us to build a repository of practices securing the four phases of its life cycle:

  • Design/acquisition,
  • Project/maintenance handover,
  • Maintaining operational readiness
  • Decommissioning

There are 8 such practices:

  1.  Asset strategy
  2. Service management
  3. Engineering
  4. supply chain maintenance (logistics and operations),
  5. Maintenance methods and reference data management
  6. Digital integration
  7. Managing asset resources
  8. Life cycle cost and asset value management...

Of course, none of this is fundamentally new; if you have an industrial asset, all these activities already exist in your organization in a more or less mature, official or industrialized state. The point of our reference framework is to give your organization a framework for continuous progress... always in small, rapid steps.

We can help you diagnose your asset management, build improvements and support change. So get ahead of the game, and make assets a strategic lever in your value chain.

Also read about Business Transformation