Key Capabilities to Support High OEE and Long Equipment Life
Lifecycle Management for Optimal Asset Value
Manage the entire "acquire-to-retire" process for assets and capital projects with Gantt visualization. Govern customer-funded and expense projects, ensuring assets are brought online efficiently and maintained throughout their lifespan, maximizing long-term value and informing replacement decisions.
Proactive Strategies for Peak Performance
Implement preventive and condition-based maintenance schedules based on time, usage, or monitor readings to avoid unplanned downtime. Optimize total cost of ownership by analyzing plant health with real-time KPIs and using detailed cost analysis for parts, labor, and contractor services.
Right-Sizing MRO for Readiness and Savings
Ensure consistent readiness for planned and unplanned events without overspending. Gain visibility into spare parts inventory across multiple facilities, proactively kit parts, and visualize demand with Stores Requisitions management, leading to better control and cost savings on MRO supplies.
Unified Control of Indirect Expenses
Control indirect expenses through full-feature requisitions and approvals against supplier price agreements. Streamline procurement processes, eliminate manual entries, and ensure all purchasing information is accurately captured and integrated, reducing errors and improving financial visibility.
Key Capabilities to Support High OEE and Long Equipment Life
Lifecycle Management for Optimal Asset Value
Manage the entire "acquire-to-retire" process for assets and capital projects with Gantt visualization. Govern customer-funded and expense projects, ensuring assets are brought online efficiently and maintained throughout their lifespan, maximizing long-term value and informing replacement decisions.
Proactive Strategies for Peak Performance
Implement preventive and condition-based maintenance schedules based on time, usage, or monitor readings to avoid unplanned downtime. Optimize total cost of ownership by analyzing plant health with real-time KPIs and using detailed cost analysis for parts, labor, and contractor services.
Right-Sizing MRO for Readiness and Savings
Ensure consistent readiness for planned and unplanned events without overspending. Gain visibility into spare parts inventory across multiple facilities, proactively kit parts, and visualize demand with Stores Requisitions management, leading to better control and cost savings on MRO supplies.
Unified Control of Indirect Expenses
Control indirect expenses through full-feature requisitions and approvals against supplier price agreements. Streamline procurement processes, eliminate manual entries, and ensure all purchasing information is accurately captured and integrated, reducing errors and improving financial visibility.
Customer Success Stories
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Frequently Asked Questions
What is EAM (Enterprise Asset Management)?
Enterprise Asset Management oversees asset life cycles and projects that support production efficiency. It helps manufacturers manage the full asset lifecycle, including equipment, tools, rotable inventory maintenance, MRO (Maintenance, Repair, and Operations) procurement, and capital asset costing. As an embedded solution within QAD Adaptive ERP, EAM assists companies in effectively operating plants by keeping equipment running at peak efficiency while controlling costs. It also manages the complete "acquire-to-retire" process for physical assets and tracks customer-funded and expense projects
What challenges does EAM help manufacturers overcome?
EAM addresses several significant challenges that manufacturers face: Asset diversity: EAM helps in managing and tracking the reliability of various equipment and assets present on the shop floor. Schedule sanity: EAM assists in the proactive planning of maintenance activities, balancing equipment availability needs against technician time constraints. Hidden costs: It helps in addressing maintenance, repair, and capital investment needs that arise as physical assets and plants age, especially when dealing with numerous vendors. Quality: EAM contributes to ensuring the high performance and reliability of equipment, which directly impacts the quality of a manufacturer’s products and services and customer satisfaction.