EAM (Enterprise Asset Management)

For maximum profit, manufacturers must maintain equipment and assets to:

  • Maximize asset utilization and production yield, leading to increased efficiency.
  • Extend equipment life, reducing the cost and disruption of replacements.
  • Support OEE targets by decreasing machine downtime while lowering maintenance costs
  • Streamline indirect procurement and maintain the right levels of spare parts inventory

Key Challenges

Diversity of assets – managing and tracking the reliability of various equipment and assets on the shop floor.

Schedule sanity – proactive planning of maintenance activities that balance equipment availability needs against technician time constraints

Hidden costs – addressing maintenance, repair, and capital investment needs as physical assets and plants age while dealing with numerous vendors.

Quality – ensuring high performance and reliability of equipment to maintain product and service quality and customer satisfaction.

Capabilities

  • Projects
Manage the full “acquire-to-retire” process, including capital projects and complete lifecycle management of physical assets.
  • Maintenance
Schedule preventive and condition-based maintenance to avoid unplanned downtime and optimize the total cost of ownership
  • Inventory
Be consistently ready for planned and unplanned events without overspending on excess maintenance, repair and operations (MRO) and supplies
  • Purchasing
Control indirect expenses with full-feature and efficient requisitions and approvals against supplier price agreements