The document discusses enterprise asset management (EAM) and its integration with ERP systems. It outlines the benefits of EAM such as improved asset performance, reduced costs, and extended asset life. It also discusses key challenges around asset management and how EAM addresses issues like maintenance, parts management, preventative maintenance, and overall equipment effectiveness.
6. What keeps “CXO” awake at night Improve Yield Improve Production Rate Increase Machinery Uptime Extend Asset Life Decrease Cost Defer Maintenance Actions Reduce Maintenance Cost Improve Availability Improve working capital Safety Compliance Meeting Delivery Schedules Increase Operating Earnings Reduce Inventory Reduce Asset Base Reduce Time to Market Increase Revenue
10. Risks Risks Cost of Spares Costs of doing Less or Nothing Cost of Less Product Quality Overhead Costs Costs of Internal & External Labour Cost of Lost Image Costs of Downtime & / or Production Loss Consequences of Failures Potential Failures Reliability & Probability of failures Failure Modes Root Cause Failure Analyses
16. Asset Management Why? Schedules preventive maintenance to prevent problems Improves asset performance to reduce downtime Extends asset life to avoid new capital purchases Improves processes such as warranty management and streamlines purchasing Tracks equipment according to regulatory guidelines
21. Integration - EAM & ERP Modules EAM Product & Maint WO Transactions Costs Updates WO Updates, Catalogs Purchase Produce Inventory Projects Service Suppliers Asset Depreciation Service Request Linked to WOR / WO WO Materials, Reqs Linked to WO & Workflow Time & Attendance Receiving Project / Task, WO Costs Accounts Payable General Ledger Accounts Receivable Fixed Assets Facility Management Human Resource Posting Integration Chart of Accounts WO Billing Depreciable Assets Requisition, PO, Matching & Reconciliation Employees & Skills Maintainable Assets Time Entry Customers
22. Linkage – EAM, ERP & Other Systems EAM Integration Performance Analytics Roadways & Pipelines Fleet & Transportation IT Assets Building & Facilities Enterprise Resource Planning Manufacturing Drilling & Services Labor Management Bridges IT / GIS Assets Material Management Construction/ Infrastructure Service Request Work Management Preventative Maintenance Maintenance Repair & Overall Purchasing
23. Asset Performance Process Flow Forecasting Resource Planning Material Request Work Requests Entry Work Order Generation Task Planning Work Scheduling Work Order Update and Close Out Asset Performance Procurement Manufacture Projects Inventory Services Time & Attendance Human Resources General Ledger Fixed Assets Accounts Receivable Facility Management Accounts Payable Suppliers Customers
30. Maintenance Repairs & Overhaul W arranty & Returns Management Spare Parts Management S ervice Contract Service Notification Service Operation – Planning & Control Service Order Process Manage Contracts MRO
34. Preventative Maintenance Flow Service Contract Cost Work Complete Service Order Progressive Billing Service Plan Maintenance Service PlanSchedule Equipmenet Location Create Service Order Service Parts Confirm Work Done Defect found? N Y Close Service Order Perform Repairs Create Notifications for Repair Certificatify Process Service Order Delivery of Spares Amend Service Order (Date, Priority) Shipment of Spares Perform Service (routine, anual)