In the ever-evolving landscape of workplace safety and compliance, effective asset management has emerged as a powerful ally for managers and operators. This strategic approach not only ensures adherence to health and safety regulations but also fosters streamlined operations and cost savings. In a world where doing more with fewer resources is becoming the norm, asset management plays a pivotal role in promoting safety, reliability, and efficiency.

Staying Ahead of Compliance: The EHS Connection

Keeping up with new health and safety compliance regulations is a perpetual challenge. Environmental, health, and safety (EHS) personnel play a critical role in maintaining up-to-date documentation and guidelines.

One effective strategy is to centralize access to these resources, ensuring that every team member can easily find and reference the latest regulations. When every employee, from frontline workers to managers, has access to the same set of regulations, it fosters a shared responsibility for compliance. Further, implementing a sign-off process for new safety documentation serves as a tangible acknowledgment that employees are aware of the changes, minimizing the risk of oversights.

Prioritizing Workplace Safety

Workplace safety is a paramount concern across industries, particularly in manufacturing and maintenance where operations are closely intertwined. Neglecting proper maintenance or safety procedures can lead to catastrophic consequences. From equipment malfunctions to operator fatalities, the risks are real.

A proactive approach to safety, driven by comprehensive asset management practices, can significantly reduce the likelihood of accident occurrence and mitigate unnecessary risks. Comprehensive asset management, in this context, involves a holistic approach to monitoring, maintaining, and optimizing critical assets. It means conducting regular inspections, adhering to preventive maintenance schedules, and leveraging data-driven insights to identify potential risks before they escalate into emergencies. By actively managing assets, organizations can ensure that equipment operates within safe parameters, reducing the chances of malfunctions or failures that could lead to accidents.

From Cloud Technology to Mobile Integration

Even in a post-pandemic world, the concept of “doing more with less” remains relevant. Businesses are increasingly seeking solutions that consolidate various aspects of operations, including safety and compliance, into unified platforms. By centralizing information, processes, and tools, organizations can simplify workflows, ensure consistency, and optimize resource allocation. This approach is particularly vital in managing compliance, as a comprehensive system reduces the chances of oversight.

With cloud-based technology like computerized maintenance management systems (CMMSs), and other data-centralizing tools, operations and maintenance (O&M) managers can achieve asset reliability and improve scheduling to help cover all the bases—health and safety included. By providing a secure and accessible platform, it enables real-time communication and collaboration across multiple sites. The ability to make updates in one place and instantly share them with all relevant parties ensures uniformity in safety practices.

The adoption of mobile technology, while challenging in certain regulated environments, is gaining traction as well. Mobile devices equipped with internet of things (IoT) sensors and artificial intelligence (AI) applications can provide real-time insights into operations and safety conditions, enabling a rapid response to potential safety threats or compliance issues. Mobile apps also allow personnel to monitor operations and safety remotely—a feature that can be especially valuable in industries where physical presence may be limited or hazardous. Mobile technology is no longer just a convenience; it has become a strategic imperative in the modern business world.

The Role of Reliability in Safety Promotion

Reliability is a linchpin in the pursuit of workplace safety. When assets are well-maintained and operating optimally, the likelihood of accidents decreases significantly. Regular inspections, preventive maintenance, and data-driven insights into asset performance are crucial for identifying potential risks before they escalate. Reliability-focused asset management not only ensures safety but also enhances operational efficiency and longevity.

When you think about strategy, such as scheduling workflows, repairs, or even inventory replenishment, technology that leverages data gives leaders the visibility necessary to always have the right amount of anything for each task.

The Unseen Connection: Safety and Insurance Premiums

An often-overlooked aspect of robust asset management is its impact on insurance premiums. Organizations that invest in maintenance management programs and demonstrate a commitment to safeguarding their assets and employees can enjoy reduced insurance costs.

Properly maintained equipment and comprehensive safety measures contribute to a lower risk profile. In the unfortunate event of an incident, the ability to provide documented evidence of maintenance efforts can mitigate litigation concerns and demonstrate a commitment to safety.

The intricate relationship between asset management and workplace safety cannot be understated. As businesses navigate the dynamic landscape of regulations and resource constraints, effective asset management emerges as a beacon of comprehensive safety and operational excellence. By utilizing cloud-based solutions, embracing mobile technology where feasible, and prioritizing reliability, organizations can create an ecosystem where safety is not just a priority but a fundamental aspect of daily operations. In the pursuit of doing more with less, businesses are discovering that the investments made in asset management resonate not only in the financial realm but also in the well-being of their workforce and the sustainability of their operations.

Lyndsey Nelson is manufacturing sales director at Brightly, a Siemens Company.