Adopt a Life Cycle Approach
Leverage a Strategic Asset Management (SAM) approach to capital investment planning. Data-driven, what-if scenario analysis facilitates evidence-based decision making to plan for future needs effectively.
Proactive Risk Management
Focus investments on the most critical areas to minimise future liabilities. Prioritising high-risk assets ensures the protection and longevity of essential infrastructure and enhances resilience against unexpected disruptions and expenses. Use technology to minimise human risks in data collection and operational processes.
Streamline Data Collection
Implement WSCAM, the industry-standard for port asset inspections, to maintain a consistent and reliable collection process for condition data. Enhance accuracy and efficiency of data collection with advanced technologies like underwater remotely operated vehicles (ROVs)
Centralise Data
Create a unified repository for all asset data. This single source of truth streamlines access and ensures accuracy across the board.
Enhance Communication with GIS Tools
Utilise Geographic Information Systems (GIS) as a data insight visualiation and collaboration tool. Visualise risk areas easily and facilitate meaningful discussions with stakeholders to make informed decisions.
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5 Essential Steps for Asset Managers to Safeguard Ports:
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Related Resources
Traditional maintenance protocols are increasingly inadequate for addressing the complexities of contemporary port operations. As pivotal hubs in global commerce, port infrastructure requires a strategic asset management approach that transcends routine upkeep and embraces innovation and efficiency.
Future-Proof Ports with a Strategic Approach
With many Australian ports being 30 to 70 years old, and many assets reaching the end of their lifecycle, the imperative to make data-driven decisions has never been greater. Utilising advanced analytics and predictive modeling, asset managers can foresee potential risks and implement preventive measures to avoid costly breakdowns, operational downtime, and supply chain delays. By integrating data-driven strategies, ports can enhance their resilience, efficiency, and long-term operational stability.
Safeguard your port’s future with these strategic steps and ensure robust, data-driven asset management.
Explore our resources below to learn more about best practice asset management for Ports. Or talk to one of our experts now.