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Physical asset management maturity in mining - case study

17th May 2018

     

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With more than 200 delegates, 35 speakers and only 21 days until the fifth SAAMA Conference officially commences on the 4th of June 2018 at the Lord Charles Hotel in Somerset West, Cape Town, organisers are excited to announce yet another case study and topic of discussion presented at this year’s conference, introduced by Bonginkosi Johan Mona, better known as BJ Mona.

BJ holds a (BSc Electrical Engineering Degree), and a Post Graduate Diploma in Mechanical Engineering (GDE. Mech). His recent qualification from Wits University is a Master of Science in Engineering (MSc. Eng. Mechanical). He is a certified asset management practitioner through SAAMA. BJ has built his experience since 2006 from various industries in the smelter and manufacturing companies, electricity generation plants, petro-chemical, coal mining and processing, water reclamation, physical asset management. He founded VIBOT 2017 and is Managing director and chairman specializing in condition monitoring and energy efficiency solutions in the mines and commercial buildings in the Mpumalanga Province and Gauteng. He is also a member of Mabhelengwane Billion Investments (Pty) Ltd.

Given his intriguing background and expertise in this field, he will be discussing how to achieve Asset Management Maturity. BJ says that successful implementation and execution of asset management strategy is found to be a critical element in driving value, which depends on physical assets’ performance. This paper shows that strategic asset management targets measured as AM Maturity are often not attained. He also says that in order to achieve the desired level of Asset Management Maturity stakeholders need to understand what exactly Asset Management is.

BJ’s presentation will also address three important questions one has to ask when compiling a strategy to achieve AM Maturity. Firstly, where are you? Secondly, where do you want to be? And lastly, how do I get there?

This study identifies key issues that prevent mining organizations from attaining AM Maturity. A qualitative methodology was utilized on a single case study design in order to investigate a particular phenomenon, which is AM Maturity at “A-Coal” site.

The following key issues were identified in the study: lack of strong Asset Management leadership and the required support thereof, lack of a favourable organizational structure – which will provide Asset Managers with credibility and the authority to make decisions in support of organizational objectives –  and a lack of training obviate the benefits that can be realized from improvement initiatives which motivated, committed and enthusiastic employees will, or rather could be delivering. In addition to these challenges are organizational culture and a certain level of employees’ competitiveness in the field of asset management.

As the other speakers presenting at the SAAMA Conference, BJ’s experience and expertise in the Asset Management industry is incomparable, and delegates are guaranteed to be equipped with unprecedented knowledge and smarter approaches towards their Asset Management projects and strategies.

If you would like to be a delegate in this spectacular Asset Management showcase, share this article and qualify for a 10% discount on standard rates.

For more information or to register, CLICK HERE

Edited by Creamer Media Reporter

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