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In the last few years many companies have begun to realize the importance of Strategic Asset Management (SAM) as an enterprise strategy that, properly implemented, will improve financial performance. Typical results of an effective Strategic Plan for Asset Management include a 20% - 50% reduction in maintenance cost accompanied by a 15% - 20% increase in real capacity, with no capital investment in production equipment. The tangible results include a significant increase in profitability accompanied by a dramatic reduction in unit cost. In her paper "Improving Profitability Through Reliability" Dr. Carol Vesier states, "The goal of all public companies is to enrich their investors.
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