Asset Management Journal

The Importance of CMMS in Any Business Operation

Is your business equipped with the ability to track all your plant and equipment parts? Does it have the means of scheduling maintenance, producing work orders and tracking material and labor costs? If your answer is 'No', then what you need to do is to invest in a CMMS software right away! Each time your electrical systems or other heavy equipment give way and you do not have the processes in place, to get them going - you lose time and money. This is where a CMMS or a Computerized Maintenance Management System steps in. The CMMS will help in reducing and preventing such failures. The CMMS software is designed to manage the buildings, equipment and systems of any business process. It helps in automating work orders, schedule preventive maintenance tasks and track orders and parts. Depending upon your area of business, such a software can bring multiple benefits to you and to your business process!

Check Out the Providers of Maintenance Management Software

A Maintenance Management Software, automates the task of tracking and scheduling of maintenance activities, of a business or service organization. Today, a host of such asset maintenance solutions are available in the market, that balance functional requirements with ease of use - check out the different vendors who are providing EAM Maintenance solutions and choose the one that best fits and suits your needs. Epcast.com reports:

Integrated asset maintenance management suite. Includes advanced purpose built user interface, browser-based requesting system, asset management, work order generation and management, extensive PM scheduling and management, inventory ordering, control and management, management tracking and reporting and much more.

Read More: Maintenance Management Software Directory

Ebook on Asset Management Systems and Methods of Maintenance

The numerous methods, processes, tools and techniques in use, for the purpose of asset management can be totally overwhelming and baffling, to many. But now with Mike Sondalini's ebook, you can understand the various maintenance methods and implementation methodologies such as RCM, 5S, PM, RCA, PdM, costing assets etc; in a simple, easy to read format. Bin95.com reports:

This book is in electronic format. Therefore You can print out multiple copies for your facility.

Read More: Asset Management Systems & Methods for Maintenance

Computerized Maintenance Management Systems (CMMS) Reduce Maintenance Costs and Enhance Equipment Performance

Computerized maintenance management systems (CMMS) are critical in today's times, for managing assets. One cannot overlook the management and maintenance of assets that comprise fixed costs and can create a hole in the profit margins of any business. CMMS are systems that monitor and analyze plant equipment operations. They give indications to operators, by checking system-generated data.They point out whether a part is under-performing or is not performing. They can even predict when a part may break down. The systems can be both reactive and proactive. In the first instance, maintenance is indicated once failure occurs. In the second case, they indicate the need for maintenance when failure seems likely.

@Road(R) Inc. Launches Vehicle Maintenance Management Program

@Road(R) Inc. is a global provider of Mobile Resource Management (MRM) Solutions. It has announced the availability of its @Road Vehicle Maintenance 2.0 Field Asset Management module, for both @Road GeoManager(SM) iLM(R) and @Road Pathway (SM) iLM MRM solutions. Lbszone.com reports:

This module provides a number of tools that can help @Road customers optimize their maintenance management program by documenting maintenance history, sending automatic email reminders and notifications when maintenance is due and providing valuable reports showing maintenance status. With an optimized maintenance management program, @Road customers can improve field asset reliability and mobile worker safety while driving down overall company operating costs through increased fuel efficiency, reduced maintenance expenses and unnecessary field asset depriciaion and wear and teas as a result of inefficient and missed maintenance services.

Read More: New @Road Field Asset Management Module Can Help Businesses Drive Down Operating Costs

Enterprise Asset Management Projects - Major Challenges

According to a recent survey, integration between two Enterprise Asset Management (EAM) systems is a big challenge. It poses obstructions before organizations, not permitting them to achieve the optimal value for their investments. The top business challenges of EAM projects include financial control, timely visibility with regard to project costs and status as well as the accuracy of project information. Survey reports point out that while executing large projects like construction, information sharing among departments becomes crucial. For the projects to be on time, and within budget, project managers and finance executives must have access to timely and updated data. Since there are high volumes of projects in many organizations, full automation and linking between systems is the only way to ensure efficiency and smoothness in execution. EAM projects are always on the move with the most common activities being routine work (82%), followed by turn-around/ shutdown/ outage projects (74%) and construction of new facilities (58%). A majority of organizations, today still execute a high volume of EAM projects without automated links between their systems, with the result that almost 55% of the projects are completed past the deadline and over 50% are completed over budget.