Integrated logistics support and asset management (ILSAM)

Abstract

Integrated logistics support (ILS) and asset management (AM) are two concepts associated with the life cycle of a physical asset. Each of them has an objective of optimising the life cycle cost in order to maximise return on investment. However, the integration of ILS with AM may lead to improved optimisation of the life cycle cost based on the concept of synergy. The aim of this paper is to investigate how ILS and AM can be integrated and whether the resulting framework has the potential for improving physical AM. This bridge of familiar concepts is expected to support practitioners and academics in understanding a holistic framework for managing the life cycle of assets. In the academia, it can support the teaching of life cycle management. This paper builds on a study of relevant literature to realise a generic integrated logistics support and asset management (ILSAM) framework. The ILSAM framework is adapted to infrastructure assets by adapting its ILS component based on additional literature study and experience in relation to a large-scale railway project. This adaptation shows a potential for improved quality management, which plays a vital role in enhancing safety.