Insight for Developments

Manufacturing Asset Optimization: Pivoting for Growth of Nigerian Industries

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Manufacturing Asset Optimization: Pivoting for Growth of Nigerian Industries B2MASTER 3:54 pm

Asset Optimization is the process of analyzing the value of assets in an Institution to yield the greatest Return on Assets ( ROA). The post-financial crisis have made institutions to be forced to face certain market realities, which in short term and potential the long term, entail a more proactive approach to managing their bottom line.

Asset Optimization is an Approach to using the Asset potential for revenue growth. It recognizes that assets – buildings, land , plants & equipment etc.- have an impact on both the balance sheet and income statement and that timing can play an important factor in getting the best ROA. Hence financial performance of these assets is directly related to the financial well being of your company.

The white paper looks at at the manufacturing facility, its processes and its equipment with a forensic engineering lens, identifying equipment with the highest run time hours or lowest availability rating, to find the weak point in the production chain

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