A modern Enterprise Asset Management has to deal with a variety of different aspects and dimensions. The main goal, however, is always to optimize asset health and performance - at the lowest possible cost.
To achieve this goal in an increasingly complex world with a constantly growing digitization it is necessary to closely align business processes, business software and the cooperation with partners.
In the sense of a holistic approach to enterprise asset management handling the complete lifecycle of a technical asset is of special interest. This lifecycle must be analyzed at the beginning of a software implementation and modeled using tightly integrated applications.
Generally speaking the following phases can be identified:
Investment planning
Collect details for planned investment and distribute budget.
Project Definition
Define scope and structure of project.
Selection of vendors
Invite bids and select vendors.
Project execution
Plan, control, and monitor the cross-company project.
Worker Safety
Define and monitor risks, provide safety during maintenance execution
Plant Maintenance / Maintenance Execution
Plan and perform maintenance tasks for a defined asset structure
External procurement
Procure external services and material.
Shutdown
Ensure an orderly and compliant disposal of technical asset.
Performance Management
Monitor performance from both a technical and a financial perspective.