Explaining Fundamentals of Enterprise Asset Management

Objectives
After completing this lesson, you will be able to:

After completing this lesson, you will be able to:

  • Explain fundamental aspects of Enterprise Asset Management

Enterprise Asset Management

Lifecycle of a Technical Asset

With SAP solutions, you can plan, control and monitor the complete lifecycle of a technical asset.

See the following video to learn more about the Lifecycle of a Technical Asset.

Risk, Strategy, Health and Performance

Based on the asset risk and its assessment, you can develop suitable maintenance strategies for every asset.

Health and performance monitoring can be established based on sensor data and advanced analytics.

Capabilities of Asset and Service Management

See the following video to learn more about the Capabilities of Asset and Service Management.

Business Value for Stakeholders

The maintenance of a technical asset can be organized in a collaborative approach among the following stakeholders:

  • Asset Owner
  • Service Provider
  • Manufacturer

Asset Management Integration

This course outlines the integration to the components Materials Management, Controlling, and Financial Accounting from an application perspective.

Further integration information regarding customizing settings can be found in the relevant detail courses in the area of Enterprise Asset Management, and in the courses offered for the respective application components.

Log in to track your progress & complete quizzes