Make OEE a Strategic Part of Asset Performance Management Plans

Companies strive toward growth and continuous improvement but often struggle to identify the right approach to asset performance management.

Many organizations fall into the trap of thinking that to increase capacity, they must invest in newer machinery, expand into larger facilities, and hire more workers. No so.

In this briefing, we look at the topic of asset utilization and demonstrate how, with the right approach to asset performance management, companies can make significant improvements to process and their bottom line and potentially avoid adding additional resources or making unnecessary capital investments in additional equipment and facilities.

Article highlights:

Current approaches to asset performance management
The definition and role of OEE (overall equipment effectiveness)
The value of measuring OEE (how to quantify it)
Key strategies for identifying improvement areas and keeping them fixed

To learn more, download the management briefing.

Frequently Asked Questions

Why is asset management critical to maximizing operational performance?

Asset management is critical because equipment reliability directly affects safety, quality, throughput, and cost. The article explains that many organizations underperform not due to lack of assets, but because existing equipment is poorly managed, inconsistently maintained, or operated outside optimal conditions. Effective asset management ensures equipment performs as intended, enabling stable execution and higher overall productivity.

What common gaps prevent organizations from getting full value from their assets?

The article highlights gaps such as reactive maintenance, unclear ownership, lack of performance visibility, and weak coordination between operations and maintenance. When assets are managed tactically instead of strategically, problems are addressed only after failures occur. These gaps lead to chronic downtime, shortened asset life, and higher operating costs that limit overall performance.

How can organizations use asset management to drive sustained performance improvement?

Organizations can drive sustained improvement by treating asset management as a core management discipline rather than a maintenance function. The article emphasizes establishing clear standards, improving visibility into asset performance, and embedding disciplined daily management routines. When asset health, reliability, and performance are actively managed, organizations unlock hidden capacity, extend asset life, and achieve more predictable, long‑term results.

Meet the Expert

David Pate

Vice PresidentEmail David

Dave Pate is an experienced business leader with previous roles in plant management, planning and lean operations. He currently serves as Vice President, introducing new clients to TBM, cultivating long-term growth with current clients and on-boarding new clients.