Webinar: Asset Lifetime Extension

Watch the recorded webinar

Host: Mick Saltzer

Presenter: Rob van Dongen

Value & Innovation Trough Asset Lifetime Extension (VITALE)

Research in the Netherlands showed that 55% of all technical assets (plants, rail, roads, fleets, etc.) will reach their end of life within 10 years. Due to the current economic climate, companies are no longer able to fully replace these assets and are looking for ways to extend the lifetime. But they don’t know how. For this reason the Dutch Institute of World Class Maintenance has recently developed a reference model called VITALE (Value & Innovation Through Asset Lifetime Extension). Rob van Dongen, Project Manager of VITALE and executive consultant at Mainnovation, will cover the following topics in this webinar:

• Aging assets - facts and figures in the Netherlands
• Triggers that initiate the end-of-life of a technical asset
• Make or buy - how to determine the best option
• The 10 key processes of VITALE
• Importance of asset portfolio management, condition monitoring and degradation management
• Self assessment for measuring the VITALE maturity in your own organization

Key take-away points:

1. Understanding the need for and impact of lifetime extension programs
2. Insights into a best practice reference model for asset lifetime extension
3. Lessons leaned from leading Dutch companies

Click here to watch the recorded webinar >>