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  • 1.  Rotating assets in fleet Management

    Posted Wed July 13, 2022 04:38 PM
    I am trying to understand rotating assets with example. The one I found is of cooling system with 4 identical pumps and its very clear. My question is what are the examples of rotating asset in case fleet or vehicle? Thanks

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    Satish Tale
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    #AssetandFacilitiesManagement
    #Maximo


  • 2.  RE: Rotating assets in fleet Management

    Posted Thu July 14, 2022 01:45 AM
    Still the same,  A water pump is removed from one vehicle and installed on another whilst the broken one is fixed.
     
    Though a water pump would generally be scrapped and not be rotating, they rotating asset can be any asset that you wish to track throughout its life.
     
     
    Regards, Craig
     

    Craig Kokay  
    Lead Senior Consultant – Maximo

    T: 02 8599 1360
    M: 0411682040
    isw.com.au
       



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  • 3.  RE: Rotating assets in fleet Management

    Posted Thu July 14, 2022 01:53 AM
    Good  Morning from sunny Germany,

    when it comes to rotating assets or rotating items in fleet, think about:
    - Bogies (rail/rolling stock)
    - Engines 
    - gear boxes
    - hydraulic units
    - Tires (fleet) and wheels (fleet/rail)
    - drivers cabin
    - battery units
    - Turbines 
    - Turbine blades
    - exchangable Mission Modules (military)
    - ....

    Everything, which is mission-critical for your customer and where you want/need an own asset/item history (compliance) and technical/financial controlling (Asset performance, cost/budgets), should be either an asset or a rotating asset/item.

    Have a good day, Hagen

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    Hagen Neulen
    Solution Architect EAM Solutions
    SVA System Vertrieb Alexander
    70771 Leinfelden-Echterdingen / Germany
    hagen.neulen@sva.de
    +49 151 27 65 89 97
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  • 4.  RE: Rotating assets in fleet Management

    Posted Thu July 14, 2022 02:53 AM
    Are you meaning you want the fleet of vehicles to be managed as rotating assets Satish?
    If so, I think you'd just have them as assets rather than rotating assets?

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    Scott Taylor
    Specialist Business Systems
    Port Waratah Coal Services
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  • 5.  RE: Rotating assets in fleet Management

    Posted Thu July 14, 2022 09:55 AM
    A rotating asset is a regular asset with the "special ability" that it can be issued, returned and in other ways be treated like inventory.

    That in mind, if you were running a taxi company with each taxi being a rotating asset, you could have a parking lot, car park or garage (depending on your English) as your storeroom and issue a taxi to a driver at the beginning of their shift and have them return it at the end of their shift.

    However, that's probably not how you would do business. You are more likely to have the taxis be regular assets with owners and/or custodians (the driver who always drives this taxi). You might, in this scenario, have the fire extinguishers be rotating. You would do this so that regardless of which taxis this fire extinguisher has been installed in, you could see how often you need to recharge it, and therefore whether it would be more cost-effective to replace this particular one.

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    Blessings,
    Jason Uppenborn
    Sr. Technical Maximo Consultant
    Cohesive Ontracks
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  • 6.  RE: Rotating assets in fleet Management

    Posted Sun July 17, 2022 08:38 PM
    Hi Satish,

    PSV in oil and gas or other utilities plant or storage facilities is a very common example of rotating assets. These devices are routinely maintained thus they moved from repair facilities to storeroom to Asset Location.

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    Biplab Choudhury
    IBM Champion 2022
    Senior Consultant
    BPD Zenith
    Melbourne
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  • 7.  RE: Rotating assets in fleet Management

    Posted Mon July 29, 2024 06:33 PM

    Hi Satish,

    Rotating assets in fleet management refer to components or equipment that can be systematically swapped or rotated between different vehicles to ensure optimal performance and minimize downtime. In the context of fleet management for taxis, this practice can significantly enhance operational efficiency. For instance, regularly rotating tires among different taxis can ensure even wear and prolong tire life, reducing the frequency of tire replacements. Similarly, rotating batteries, especially in electric or hybrid taxis, helps maintain battery health, ensuring that all vehicles remain in service longer without unexpected breakdowns. This approach also applies to other critical components such as alternators, air conditioning units, and brake systems, ensuring that wear and tear are evenly distributed across the fleet.

    Another example is rotating engines or transmission systems between taxis, particularly in larger fleets. By rotating these key components, fleet managers can better manage maintenance schedules and balance the workload across the fleet, reducing the risk of severe breakdowns. Additionally, components like suspension parts, including shocks and struts, can be rotated to maintain consistent vehicle performance and passenger comfort. Implementing a systematic rotation strategy for these assets can lead to significant cost savings, improved vehicle reliability, and enhanced customer satisfaction due to fewer service interruptions.



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    Sara Miles
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