In a multi-plant environment, getting everyone across the sites working together and managing their assets in similar ways can be challenging. Geographical separation, lack of documentation, limited corporate assistance, no standards, etc.. encourages everyone to do their own thing. To go your own way. That is a great song by Fleetwood Mac but it does … Read more Standardizing EAM Across the Organization
Harnessing the potential of physical assets After human assets, physical assets are a company’s most important resource. They have a huge impact on service delivery, business objectives, and the bottom line. Manage them poorly and the whole business suffers. Manage them well and they become a cornerstone of value creation. Yet many organizations take their … Read more ISO 55000, IIoT, and EAM: Solving the Asset Management Puzzle
EAM vs CMMS – Today’s market is crowded with hundreds of software systems, each trying to position itself as the perfect maintenance and asset management solution. But they’re not all created equal. Understanding the difference between an enterprise asset management (EAM) system and a computerized maintenance management system (CMMS)—and knowing how to tell them apart … Read more EAM vs CMMS
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)? If you answered “no,” you are not alone. Our experience reveals … Read more Integrating EAM/CMMS with IIoT & Control Systems
Situation 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. Lotte decided to jointly engage SwainSmith and Operational Sustainability, LLC® (OS) to address these challenges. Before their purchase of … Read more Lotte Chemical Corporation Chooses OESuite™ & SwainSmith to Elevate EAM Operations In New Facility
Introduction 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. Geographical separation, lack of documentation, limited corporate assistance, and absence of standards are some factors that inhibit teamwork and encourage individuals to do things their way. “Go Your … Read more Enterprise Asset Management – What does it really mean?