How do we deliver the greatest possible ROI on our assets?
Central to our Core Labs strategy is to provide state-of-the-art research facilities to all our users. The goal of asset management for the Core Labs is to deliver the greatest possible return from an asset investment in providing excellent service and value to our users and to KAUST. To accomplish this we undertake strategic planning through our entire asset lifecycle to ensure the highest quality of outputs, availability, utilization and performance.
We achieve this through the following means:
- A cloud-based laboratory management system to organize our assets, manage user access and provide key business data on utilization.
- A comprehensive asset register system that monitors, maintains and manages our equipment and assets.
- Preventative and corrective maintenance programs aimed at optimal performance and availability of our assets in a cost-effective manner that includes vendor management.
- A decision-based framework that integrates all aspects of asset planning ranging from acquisitions, replacements, upgrades, divestment, performance and costs.