For the last four years, I’ve enjoyed traveling across North America talking to you about EAM and how other peer agencies are complying with the Fast Act (formerly MAP-21). The industry buzz around State of Good Repair (SGR) has reached a peak in recent months, since the release of the FTA’s Transit Asset Management Final Rule last summer.
By now, everyone has heard it will cost the U.S. approximately $86 billion (and growing) in order to bring all transit infrastructure into a State of Good Repair, so we know there is not enough capital money to go around.
On my trips, I have learned a lot from talking to asset managers, capital planners and maintenance staff who are all grappling with the same question: “How will we comply with the FTA’s new SGR mandate?”
While there remains a healthy debate on that topic, and universal agreement that the new regulations will take some getting used to, one common theme keeps emerging: Better asset management goes hand-in-hand with better maintenance management.
By requiring that agencies adopt a data-driven approach to capital asset decision-making, utilizing asset condition data, ultimately the SGR mandate is nudging the industry along the next logical evolutionary step in lifecycle asset management.
This common theme (nexus between SGR and maintenance) is why I am so excited about the deep line-up of EAM customers that will be speaking at ThinkTransit: The Trapeze Technology Conference this year!
These presenters understand that SGR improves your agency’s ability to manage your infrastructure – getting the most out of your assets ultimately saves time and money – money that can be used toward bringing your assets into a State of Good Repair.
At ThinkTransit, you’ll be able to learn about these hidden benefits behind EAM.
Asset Management 101
Having to adopt these new regulations doesn’t have to feel like a burden. Shifting the cultural mindset will help everyone in your agency get behind the new, emerging asset management best practices. This may seem like a challenging task, which is why it’s invaluable to have seasoned practitioners like Satyen Patel (MBTA) speaking at ThinkTransit about how he is championing successful change in the asset management culture at MBTA.
His session will explain how to leverage proper management techniques to maintain assets, control inventory costs and improve operations. This will enable you to accurately manage and forecast capital funding requirements to make sure you champion your agency’s own initiative to maintain a State of Good Repair.
Among the key trends in rail asset management this year is asset configuration management. I’m excited to have Ever Diaz, from Keolis Commuter Services (KCS), present about how KCS intends to improve safety, reliability, inventory, and operational efficiencies by leveraging configuration management techniques.
Maintenance Optimization with Better Data
Asset management decisions are only as good as the quality of the data, and no division has the in-depth knowledge of your infrastructure’s condition as much as maintenance. Lea Goodness, from Rochester Transit, will lead a session discussing how RTS is analyzing the data tracked by the Trapeze EAM system to reveal hidden maintenance cost drivers, while optimizing their maintenance program.
Danny Knight realized that, in the case of Roaring Fork Transit Authority (RFTA), focusing on optimizing maintenance allowed RFTA to increase their on-time preventative maintenance from 50% to 95%.
From a SGR perspective, a RFTA’s preventative maintenance program has the dual benefits of increasing safety, and reliability while extending the useful life of their assets. Rounding out this impressive list of customer-led sessions on the power of good data is a presentation by Ken Bailey (Community Transit in Everett, WA) on “Using EAM to Improve Fleet Performance and Cost-Effectiveness.”
It All Fits Together
It doesn’t matter if your main focus is on just meeting the bare minimum requirements of the new FTA regulations or if you want to implement the latest asset management best practices. A transit-focused EAM system can do it all: optimizes the use of your assets, reduce costs, and streamline the new FTA/NTD reporting – something that Sound Transit is going to share as well.
Sound Transit was able to use Trapeze technologies to automate workflows of their EAM system. At ThinkTransit, Stephanie Johnston will describe how Sound Transit used Trapeze EAM’s MAXQueue module to automatically create and assign work orders.
Learn More at ThinkTransit
The above examples are just a few of the EAM experts speaking at ThinkTransit about EAM-related topics in our Productivity – Maintenance track.
You can view our detailed agenda to see all the sessions being offered – and learn more about the ones you are interested in.