PMM Journal

Make decisions for
CAPEX & OPEX optimization

Magazine Vol. 32 | March 2023

About PMM Journal

PMM Journal, by PMM CIEx, is a magazine focused on developing new ideas and providing recommendations and advice. We cover topics such as strategy, innovation, operational excellence, leadership, and change management for professionals and global leaders who want to lead and be part of the change.

PMM CIEx, from its research centers in Florida, USA and Valencia, Spain, aims to provide knowledge to the entire international community, offering answers and ideas in line with the challenges of the global context and economy.

In this PMM Journal magazine, you will find topics related to our studies, experiences, and global consultancy.

Contents

Editor’s Letter. PMM Journal vol.32

Finding the needle in a haystack, the haystack syndrome. We discuss productivity, marketing, and how companies can achieve their goals.

Decision Making for CAPEX and OPEX. IPR Methodology

How to optimize your CAPEX & OPEX budgets for growth and sustainability in an environment of inflation and scarcity. PMM Innovation Group's Risk Priority Index (IPR) can help make data-driven decisions for long-term asset management.

SMED for critical plant shutdown activities

Optimize times and reduce costs in industrial processes and plant shutdowns with the SMED methodology. Discover how to identify improvement opportunities and reduce risks for more efficient management in your organization.

Interview with Vicente Macián. Asset management

In this interview, we explore the importance of asset management in companies, its impact on cost savings, sustainability, and risk reduction, as well as the role engineers play in these areas.

Images

Required reading

Finance for Asset Management Book

Finance for Asset Management

The book “Finance for Asset Management” is a manual that focuses on the concept of the “management model” from a financial perspective. The various chapters aim to guide companies in achieving their goals and aligning them to improve the management of physical assets. It is intended to help CFOs focus on maximizing Return on Investment (ROI), Return on Assets (ROA), and Return on Equity for each physical asset or group of assets. In this way, they should maximize the value of every task involving their company’s assets.

Finance for Asset Management

OEE Value Tree. Management models to maximize the value of every task.
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