Asset Strategy

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Two Minute Tips
  • Asset Strategy

Effects of Poor Maintenance BOMs

What is a maintenance BoM (Bill of Material)?
In an EAM System, a maintenance BoM captures spare part information for a piece of equipment. This information is used during maintenance to determine the correct spare parts to replace.

Five Minute Facts
  • Asset Strategy

2 Tools for Asset Managers to Improve Prioritization and Decision-Making

Asset managers across industries are all feeling the intensifying pressure to consistently prioritize resources correctly and make effective decisions accordingly. Effective decision-making requires a quantitative approach that is justifiable, consistent, and above all, aligned with the greater strategic business goals...

Two Minute Tips
  • Asset Strategy

The Truth About Deploying Global Maintenance Strategies for Like Assets

On the surface, developing best-in-class strategies for like assets and deploying these across an asset base seems a logical way to improve consistency and efficiency of maintenance while reducing cost and risk. However...

10 Minute Talk
  • Asset Strategy

The 15 Things Your Smart Machine Won’t Tell You

Smart machines, the Industrial Internet of Things, and machine learning are without a doubt the future. However, it is important that we realize the limitations of technology...

Interviews
SAP PEI’S INTEGRATION WITH SAP ENTERPRISE ASSET MANAGEMENT
  • Asset Strategy

Addressing Manufacturers’ Concerns Towards Data-Sharing

In today’s interview with Vatsan Govindarajan and Arnulf Hagen, we focused on learning how SAP PEI fits into the larger ecosystem of enterprise asset management, the role of Asset Central, a re-usable asset registry across IoT applications for seamless integration and data consistency, the low-hanging fruits in a customer’s digitization journey...

Two Minute Tips
  • Asset Strategy

For These Reasons, Don’t Calculate Availability from Work Orders

During my work experience, the source of data for calculating the asset availability was discussed several times on different levels and in many meetings. In most cases, I found that there’s a common belief that the maintenance work orders in CMMS are the

Two Minute Tips
  • Asset Strategy

What Are Critical Asset Surveillance Technologies?

Have you ever been charged with managing the risks of your critical assets at your place of employment? The risks you might have to manage could be employee safety, or maybe mitigation of asset downtime and failure rates. In today's business world...

10 Minute Talk
  • Asset Strategy

Dollars and Sense People Really Are Our Most Valuable Assets

Dollars and Sense people really are our most valuable assets... In theory, there is no difference between theory & practice. But in practice, there is"

10 Minute Talk
  • Asset Strategy

True Co$t of Co$t Cutting Planned Maintenance Program

True Co$t of Co$t Cutting Planned Maintenance Program - "the most dangerous phrase in the English language is "we've always done it this way".

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