In today’s economic climate, organizations around the world are facing tremendous pressure to effectively manage their enterprise assets, aiming to reduce downtime and maintenance costs while maximizing asset performance and improving operations. For corporate management to make everyday decisions, ensure regulatory compliance, plan for the future of the company, and take advantage of opportunities as they arise, managing the enterprise asset lifecycle is a must.
Enterprise Asset Management (EAM) is the key to meeting these challenges by providing a clear view and accurate control of assets. With EAM, organizations can adapt infrastructure and optimize processes, such as planning, budgeting and asset acquisition, movement tracking, maintenance and repair, calibration, surplus redeployment or asset disposal at the end of the asset lifecycle.
The Solution – SoftExpert EAM
SoftExpert EAM is an Asset Management software which optimizes asset performance and utilization at lower operating costs by eliminating unplanned downtime to maximize the lifetime value of all asset types – production, facilities, transportation and IT.
Enterprise Asset Management software enables organizations to develop comprehensive instrument calibration plans, in addition to preventive, predictive and corrective maintenance programs for equipment, improving the daily effectiveness of operations and technical staff.
It also better manages equipment and facilities to increase reliability and ensure regulatory compliance with standards, such as ISO 50001, ISO 55000 and ISO 17025, laws, regulations and industry-specific requirements, all while reducing energy usage and supporting sustainability initiatives.
Enterprise Asset Management – EAM
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Asset inventory
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Work order monitoring
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Calibration record
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Asset performance indicators
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Failure analysis
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Maintenance planning and control
Main Benefits
Reduce downtime and increase asset lifetime.
Optimize spare parts inventory and purchasing costs.
Provide technicians in the field with easy access to important information through mobile devices, eliminating paperwork.
Promote collaboration and sharing of information among asset owners and service providers.
Classify assets based on risk, criticality, and impact and define custom maintenance strategies at the lowest cost and risk.
Track, review and improve calibration and maintenance plans and budgets.
Reduce deviations, prevent incidents and improve decision-making through a holistic view of asset inventory.
Avoid wasting money on assets that are still under warranty.
Manage all asset-related documentation in a single place, such manuals, configuration settings, lease agreements, and warranty certificates as well as asset images.
Achieve a competitive advantage by boosting safety and uptime while maximizing asset performance.
Resources
Features
Repository
Centralized repository for all important asset related information.
Stock management
Straightforward management of optimal stock levels.
Work Order management
Single repository of all information and resources required to perform tasks and manage work order schedules.
Preventative maintenance
Integrated solution for planning and scheduling preventative maintenance and monitoring equipment and trends.
Process automation
Automate and optimize the use, calibration and maintenance processes.
Failure levels
Intuitive tools to maximize equipment uptime and reduce damage and failure levels.
Solution Overview
Solution Overview
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Return on Investment (ROI)
Traditionally when enterprise professionals discussed the ROI of an investment, they were mostly thinking of the "financial" benefits. Today, organizations must also consider the "non-financial" benefits of an investment.
Financial Benefits include impacts on the organization's budget and finances, e.g., reduced costs or increased revenues.
Non-Financial Benefits are the so-called "intangible", "soft", or "unquantifiable" benefits of an investment. Unlike financial returns, there may be no widely-accepted metrics for organizations to apply. However, the SoftExpert solutions present undeniable potential for producing positive impacts on business performance and mission results. These include improved customer satisfaction, more precise information and a shorter cycle time.
Featured Resources
Webinar
Managing the transition from ISO/TS 16949 to IATF 16949
An overview on the transition process between the ISO/TS 16949 to IATF 16949.
White Paper
Useful Key Performance Indicators for maintenance
Maintenance performance can be improved by making it more effective and more efficient.
Ebook
How to Successfully Manage Your Company’s Assets
Read this eBook and learn how to successfully manage your company’s asset, improve asset performance and reliability.