Practical Applied Asset Management for Public Transit. Tim Quinn thingtech, CEO Atlanta, GA
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1 Practical Applied Asset Management for Public Transit Tim Quinn thingtech, CEO Atlanta, GA
2 Confidential and Proprietary
3 MAP21 and TAM Section National Transit Asset Management System Through MAP 21, FTA will establish a national transit asset management system. The system will: Will define state of good repair Will set objective performance standards for measuring the condition of capital assets (including equipment, rolling stock, infrastructure, and facilities); and Will establish performance measures for state of good repair, under which all FTA grantees will be required to set targets. Will require Grantee Plans and Asset Management Systems
4 Systematic Approach to TAM TAM supports and enables the following elements of transit agency management: Performance management focus: Asset management integrates management activities across the agency s various functional areas to address customer level of service and performance outcomes. Optimization of resources: Asset management aligns investment decisions associated with operations and maintenance budgeting and capital programming to achieve levels of service that meet agency goals. Fact-based management: Asset management is data-driven and transparent.
5 Systematic Approach to TAM A comprehensive assessment approach to assessing and rating your capital and rolling stock assets is critical. Life cycle and asset utilization heuristics, using vendor and national utilization standards, provide transit systems with systematic and defensible asset and vehicle replacement requirements. Industry standard decay and deterioration curves for rehab / replacement justification Multiple inputs relating to utilization, total cost of ownership, maintenance history, financials, and industry adopted useful life cycles (engine hours, miles, etc ) are integrated into our assessment methodology.
6 Transit Asset Management Key Take Aways MAP21 and State of Good Repair challenges will force new approaches and systems Systematic, Measureable, and Performance Driven Approach will be Required TAM is an integrated strategic solution policy, process, and technology Mobile Ready Open API Web Based Geo Spatial Real Time ( connected assets )
7 Enterprise Systems - Overview Vehicle and Mobile Asset Tracking Real time GPS Vehicle and Asset Tracking Real Time Telematics, sensor, and device alerts Real time analytics and intelligence Mobile App Ready Enterprise Asset and Transportation Management Call Center and Service Request Center Geospatial Asset and Work Order Management Transit Asset Management (per MAP 21) Work Order Management System Maintenance Management System Parts and Inventory Customer Connected and Integrated Mobile First and Mobile Ready! Mobile Workforce Management Schedule and Route Optimization Mobile Data Collection Field Service Dispatching Customer Connected Mobile App Ready
8 Transit Asset Management (TAM) TAM Platform Platform for the collection of data from multiple devices, systems, departments and applications Grants Management Procurement Fleet Management Asset Management Maintenance and Materials TAM Reporting Requirements Capital Planning Capital Replacement Financial Projections Business Intelligence
9 Asset Management Object for asset creation, editing, and condition rating: Easily track history, condition, and location of assets. Schedule preventive and predictive maintenance. Provide accurate financial summaries of your assets and value
10
11 Integrate or Extend: Maintenance Management Parts and Inventory Work Order Management Human Resources Procurement Human Resources Open and Public API Access is Critical!
12 Example Work Order Creation
13 Optimize Parts and Inventory Inventory object allows users to manage and edit inventory, parts and equipment. As parts and inventory are requested by work orders, quantities and replenishment data are calculated. Parts Description Product Description Vendor Description Quantities Purchase Cost Warranty Costs Open Activities Activity History Notes and Attachments Data Validation Rules Approval Process Work Flow Automation User Defined Fields User Defined Forms
14 Analyze, Manage, and Plan Reports and Dashboard objects includes standard customer contact, asset management, work order, department cost allocation reports. System provides a powerful and intuitive custom report wizard to easily build your own reports and dashboards Capital Replacement Lifecycle Utilization Planning and Budgeting
15
16 Mobile Access
17 Real Time Actionable Data Predict and Prevent
18 Report Examples
19 Asset Dashboard Examples
20 Big Data Actionable Data Excessive Hard Braking Data turned into Actionable Data
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