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Article: Return on assets: To the max!

Article from:
InTech
Article date:
October 1, 2009
Author:
Copyright

Users are selecting condition-monitoring solutions that live on an open database platform

The higher the RONA, the better the profit performance is for the company.

In today's global marketplace, competitive manufacturing and production companies understand an asset management program is critical to staying competitive and maximizing return on net assets (RONA).

While the RONA equation is relatively straightforward, the factors going into the equation are ever changing.

We will look at the expanding definition of asset management, describe the necessary capabilities of a modern asset management solution, and explain how best to implement a solution that features integrated condition ...

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