Test and Measurement Equipment (TME) Management is a term that begs the question, “What do you mean by that?” There are a variety of definitions for the term. What exactly does TME Management entail? Most answers include a combination of management, financial, economic, engineering and other practices applied to provide the required level of service in the most cost effective manner.
A good TME Management process should include the whole ownership life cycle of a product and should involve acquisitioning, commissioning, certifying, calibrating, tracking, operating, maintain, repairing, modifying, replacing, decommissioning, and disposal of physical and infrastructure assets. Does this all sound a bit familiar? If so, you’ve been here before, haven’t you? It’s exactly Measurement Assurance Technology offers to our customers: a one stop solution.
One of the primary goals of a TME Management process is to provide and support traceable measurements, uncertainties that may arise, and measurement data collection as described in the organization’s Quality Assurances/Control Policies and Procedures. Unless you have unlimited time and no budgetary constraints, operating and sustaining TME assets requires some sort of prioritization. Many institutions use a Risk Based Asset Management (RBAM) model to assist in achieving the overall organizational goals.
These process models generally fall into two classifications, usually with some blending that is weighted towards the organization’s mission:
- The Engineering Case… Effectiveness centered on technology and quality
- The Regulatory/Contractual Case … Compliance-centered on obligations and documentation
It should be noted that financial considerations can only come into play once the initial conditions and requirements for effective TME management are met.
The need for TME Management is being recognized in many industry segments, and the cost of managing assets is a concern for companies in all industries. Your vendors can be great partners in the process, helping you tailor cost-effective TME Management solutions.
When it’s time to investigate more cost-effective TME processes, contact us to find out how we can help.