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Benchmarking best practices in maintenance management is crucial for achieving operational excellence. This process involves evaluating current maintenance strategies against industry leaders to identify areas for improvement, ultimately enhancing asset performance and reliability. By adopting proven methods and leveraging insights from top performers, organizations can significantly reduce downtime, optimize resource allocation, and drive sustainable efficiency across their industrial operations.

This Physical Asset Management Handbook by Mitchell offers comprehensive guidance on best practices for managing physical assets throughout their entire lifecycle. It covers critical areas such as strategic planning, operational efficiency, risk management, and performance optimization, providing professionals with the tools needed to enhance asset value and ensure sustainable business operations.