Introduction
IBM Maximo Asset Management solutions give you a single point of control over all types of assets — production, infrastructure, facilities, transportation and communications — by managing them all on a common platform. This platform allows sharing and enforcement of best practices, inventory, resources and personnel. Now you can optimize the performance of your assets and maximize return on investment.Maximo Asset Management includes six management modules in an enhanced service-oriented architecture.
Asset management – Achieve the control you need to more efficiently track and manage asset and location data throughout the asset lifecycle.
Work management – Manage both planned and unplanned work activities, from initial request through completion and recording of actuals.
Service management – Define service offerings, establish service level agreements (SLAs), more proactively monitor service level delivery and implement escalation procedures.
Contract management – Gain complete support for purchase, lease, rental, warranty, labor rate, software, master, blanket and user-defined contracts.
Inventory management – Know the details of asset related inventory and its usage including what, when, where, how many and how valuable.
Procurement management – Support all the phases of enterprise-wide procurement such as direct purchasing and inventory replenishment.
IBM Maximo Asset Management is an enterprise asset management (EAM) software solution product produced by IBM. It is a solution which is used to operate, maintain and dispose of enterprise assets.
It focuses on the following types of assets:
- Plant and production (for example oil, gas, chemicals, mining, manufacturing, pharmaceuticals, food, electronics and power generation)
- Infrastructure (including railways, highways, telecommunications, water and wastewater, and electric and gas distribution networks)
- Transportation (for military, airlines, trucking, shipping, rail and other use)
- Real estate and facilities (for example, in offices, schools and hospitals)
- EAM is globally known to be critical in asset intensive industries, i.e., utilities, oil & gas, pharma., rail & transit, heavy manufacturing, and facilities including hospitals, campuses and hotel.
The purpose of Enterprise Asset Management is to extend the useful life of capital assets. There are many other reasons why the demand for better asset management is on a rise -- organizations are increasingly raising the importance, risk, quantity and/or cost of their corporate critical or capital assets, and hence they often see a corresponding rise in interest by management to better maintain control and visibility of all these assets.
Furthermore, governments, regulatory bodies, shareholders and other key stakeholder groups have increased the pressure on organizations in both the public and private sectors to be able to locate and track asset whereabouts. The higher the risk or opportunity cost in not knowing where an asset is located, the greater the incentive for management to implement an asset tracking system. Industry leaders are using technology as a competitive advantage. Every maintenance and operation budget consists of major categories such as MRO inventory, labor costs, and unplanned downtime, which results in reactive spending, impacted asset utilization and capital expenditure on equipment that needs to be replaced because of wear.
Having Smarter Infrastructure is all about having more flexible infrastructures which can deliver insight, recommendations and can optimize asset usage across the enterprise; whether it is locomotives, bridges and roadways, universities, hospitals, retail stores. Today’s progressive organizations have embedded chips, sensors, RFID, GPS and other forms of instrumentation and intelligence to transform the way their business services are delivered.
FEATURES :
An entry-level member of the IBM® Maximo Asset Management product family
- Proven asset and work management solution and technology to meet your needs
- Manage critical assets using a single platform to leverage common business practices and a single repository for asset data.
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