Enterprise Asset Management
Asset intensive organizations depend on a vast array of physical assets, from the smallest tools to the largest production plants. Each of these assets must be tracked, managed and maintained to support critical business functions. Many businesses, however, still rely on paper-based methods, legacy systems, and disparate applications. This means the visibility of these assets across the various departments and sites is often very poor. Business leaders have identified Enterprise Asset Management (EAM) as a key opportunity for improving operational efficiency and the bottom line.
What is Enterprise Asset Management?
Enterprise Asset Management is a software solution which provides the key to better managing your physical infrastructure assets from a single, common platform. It consists of an asset register, work order management, and inventory and procurement functions. Additionally, EAM provides a platform for a new applications and advancements including analytics, mobility and cloud technology.
It is important because…
- Reactive maintenance and “firefighting” is inefficient and expensive!
- Good quality data provides reliable analysis for better decisions
- Managing cost maintains jobs
- Planning improves efficiencies
- Scheduling improves effectiveness
IBM Maximo Enterprise Asset Management
Maximo Asset Management, part of the IBM Watson IoT portfolio, has been consistently recognized as the world’s leading Enterprise Asset Management solution since 1996.
BPD Zenith and Maximo have both stood the test of time, with almost three decades in the sector. During this time, we have offered the best industry advice and resources to our Clients all over the world so they can achieve results from their enterprise asset management initiatives:
- Eliminated fragmented, duplicate systems and sources of information
- Optimized maintenance and renewal strategies and plans across all Asset classes
- Improved communication, understanding and benchmarking of performance across sites and functions
- Improved resource utilization by challenging effective use of scheduling
- Integrated Health, Safety and Environment processes for a safer work place
- Increased the uptime and reliability of assets for higher profitability
- Reduced inventory costs with effective material management
- Mitigated compliance issues and risk with reporting