Enterprise Asset Management [EAM] is an ERP solution focused on Maintenance of assets of an organisation to minimise their downtime. It involves tracking the entire life cycle of the assets along with their corrective and preventive maintenance costs.
Some of the key features of Enterprise Asset Management (EAM) are the following:-
1) Efficient asset utilization (by managing efficiently the life cycle of the valuable assets)
2) Focus on the reliability of the service and maintenance
3) Integration of people, technology and process in the business enterprise for all round holistic approach to the asset management
4) Integrated approach for the manufacturing as well as the maintenance activities accoutered with the technology tools specifically for the plant control systems, MES, CAD/CAM, ERP,SCM etc.
5) A holistic asset-centric focus enabled through the information technology for the integration of engineering, operations, procurement and service segments across the enterprise value stream.
More to come...
Thanks & Regards,
S.Grace Paul Regan
S.Grace Paul Regan
