Does your control system (e.g., SCADA, BAS, HMI, Historian) and IIoT (Industrial Internet of Things) devices pass critical asset performance data, such as run-time readings, energy consumption and operating condition, on to your Enterprise Asset Management (EAM) system or Computerized Maintenance Management System (CMMS)?
Asset intensive organizations, organizations that rely on their physical assets for success, require two types of systems in order to optimize enterprise asset management (EAM). Asset Management Systems (AMS) and Asset Technology Systems (ATS).
Lotte Chemical Corporation (Lotte) was building a new facility in the United States, and recognized challenges in work management, supply chain, and overall asset management strategy were obstacles to reaching their operational goals for the new facility.
Enterprise asset management (EAM) seeks standardization and consistency. In a multi-plant environment, getting everyone aligned and managing their assets in a similar way can be challenging.
Does your organization rely on its physical assets for success? If so, consider an asset management standard operating procedure (SOP). An asset management SOP is a detailed, written process on how to best manage the organization’s physical assets...
The design, implementation, and improvement of an organizational enterprise asset management (EAM) Model is an internationally accepted and recognized approach to enterprise asset management. Both PAS 55 and ISO 55000, global international asset management standards, recommend that multi-site, asset-intensive organizations develop an EAM Model to govern and standardize asset management.
Master data is master for a reason. It is the basis for high quality asset management information. Complete, accurate, and up-to-date information helps organizations make informed business decisions that will improve asset performance, reduce health, safety, environmental risks, and lower costs.