Asset

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Two Minute Tips
  • Asset Strategy

Asset Management System Implementation Objectives

We need to develop an efficient, robust, and reliable asset management system in order to enable asset management, which is defined as the coordinated activity of an organization to realize value from assets. We need the AMS to…

Two Minute Tips
  • Asset Strategy

Keeping Track of your BoM Building Progress

Sometimes, asset-intensive companies work with a third-party contractor to assist with a BoM building project. There are quite a few reasons for this. For one, building BoMs are expensive. Much time, resources, and expertise are required for successful completion, and not every asset-intensive company may possess the required expertise. In this case, it would make sense for these companies to outsource their BoM building rather than embarking on a project without adequate resources.

Five Minute Facts
  • Asset Strategy

What Is Asset Management System AMS/EAM?

What is an asset management system, which different kinds are there, and which one is right for your business? Ahmed Kotb gives an overview.

Two Minute Tips
  • Asset Strategy
  • Continuous Improvement

It’s 2021, and You’re Still Struggling to Keep Up with EAM/CMMS Fundamentals

EAM and CMMS systems are essential to the survival of asset-intensive companies. In a highly digitized era, this is not novel information. The key to extracting the full value from an EAM or CMMS system is managing it properly. Even though EAM/CMMS systems have been on the market for a long time, many companies still struggle with the basics of maintaining their systems.

Webinars
  • Asset Strategy

Industrial AI for Asset Performance Management: A Framework for Success in Digital Transformation

Industrial AI has the potential to radically improve asset optimization. It also has the potential to exponentially increase backlog and overwhelm plant staff. Thousands of sensors, thousands of alerts, floods of data...What assets do you monitor? Which alerts must be responded to? What do you DO when get an alert? The value of digitalization for managing asset performance is only achieved when the right work is done to the right assets at the right time.

Five Minute Facts
  • Asset Strategy

What EAM/CMMS Systems are Companies Using?

Asset data management software is crucial for asset-intensive companies, as operations become increasingly digitized. Some of the heavily dependent industries on EAM software include manufacturing, construction, and oil & gas, to name a few. These same industries also constitute a significant portion of HubHead’s customer base.

Articles
  • Asset Strategy

3 Reasons Why You Shouldn’t Wait for Warning Signs to Maintain Your Assets

As we talk to others in the reliability industry, we’re occasionally confronted with the viewpoint that asset health and condition monitoring is a cure-all when it comes to preventing asset failure. Understandably, people like the idea that they can continuously monitor their assets and only intervene or perform maintenance when there’s degradation. However, what seems ideal is not always practical, and there are limitations to what can be achieved through monitoring.

Articles
  • Asset Strategy
  • Data Analytics & IIoT

How Important is a Bill of Materials?

The key to effective asset and maintenance data management is accuracy. An EAM system can only do so much with poor quality data and the same applies to BoMs. BoMs can provide accurate material information in real time to ensure all parts are stocked and identifies which parts are needed to complete work orders.

Articles
  • Asset Strategy

How to Extract More Value from Your Criticality Assessment

Criticality assessments are a routine aspect of reliability work and are usually conducted for two main purposes.

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