The transportation industry is continuously seeking new innovations in the field of services and technology. This is necessary for the company’s long-term continuity and for stimulating long-term growth. However, all new developments result in increasing competition, especially due to liberalization and globalization.
Being able to move from A to B provides a sense of freedom for people and transportation of products is essential for the economy. The field of mobility is constantly developing, which is stimulated by various factors. Travelers have become increasingly demanding with respect to safety, comfort and travel speed; however, there are more crucial aspects in the transportation sector.
Accidents with airplanes and trains lead to disastrous damage; therefore, governments are constantly increasing safety regulations which needs to be anticipated by companies.
Changes in the ecological environment require transportation to withstand more extreme conditions. Moreover, Co2 emission needs to be reduced to minimize the ecological footprint and decrease the impact on the ecological environment. Societies and governments demand a more sustainable approach of companies in the transportation industry.
In order to deal with the expectations of customers, societies, environment and the competition, companies are compelled to re-evaluate the organization and assets from a holistic perspective.
Many assets make less efficient use of resources in the course of their life span. Monitoring and maintaining assets correctly leads to a more sustainable asset lifecycle, as well as, increased reliability, safety and productivity. However, at the end of the day, it is the personnel who are responsible for these tasks, which require a different organizational mindset and thus and integrated approach between organization and asset management.