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The Benefits of Enterprise Asset Management Software

For any industry that banks on the functionality of its assets, having them in proper working condition is primarily important. The term ‘industry’ is used collectively in this case to refer to a large enterprise that could be anything from a manufacturing company to a hospital. The workings of any and all equipment is expected to be flawless with every rising sun, and to achieve that, a little technological help is needed. It’s an aid called Enterprise Asset Management. Sometimes referred to as computerized asset management, enterprise asset management is a necessity when it comes to reducing the costs of asset ownership.

Software companies invest in making Enterprise Asset Management software for the simple reason that it is more effective than manual management. Keeping track of asset health is something that is best done using software since any abnormalities indicating deteriorating asset health are quickly and timely noted. It is this keeping of equipment in good running condition that ensures their reliability and safety- key factors in any facility. EAM software is what you would term as having a broad spectrum- the nature of its development means it can be used across departments, facilities and even locations. Between locations means shifting the network to an online platform to bridge the geographical gap that is created.

With the emphasis made on asset management, one would be tempted to think that EAM Software is limited to the aforementioned function. But truth is it does a lot more than that. Expectations banked on a CMMS system stretch far beyond the operations surrounding asset management. But the maintenance aspect is the most desired one. Subsidiary functions include risk management, strategic planning, creating work orders to better the efficiency and productivity of your staff.

The nature of business is really dynamic to say the least. This, in other words, means that growth is expected as the business covers and conquers new territory. It is the CMMS software that assumes the responsibility of better work scheduling, better allocation of resources, and improved financial planning to ensure that the new costs of business are met in the most intuitive way. Proper monitoring of assets is crucial at this point, since an increased work orders would mean demand for more output, and this is a likely trigger for a breakdown. Then again, there is the Maintenance Management Software to pick up on any irregularities so they can be addressed immediately.

The availability of EAM software has really changed the costs of doing business, and in a good way. Granted, the investment made on acquiring a CMMS system from a vendor, especially one meant for a large corporation or company, is a huge one indeed, but it is worth it. Over time, it does get to save you millions that you could have spent in replacing equipment because of a fault that went unnoticed.

And as far as vendors go, you can rely on Ashcom Technologies to give you not only the best EAM software that you could imagine, but exemplary customer service as well.

Ashcom Technologies provides knowledge-based business solutions to clients through a multitude of strategies and tools. In the process, clients receive a sustainable competitive advantage through the implementation of proactive strategies & technologies. CMMS plays a large role in this process.

3917 Research Park Drive
Ann Arbor MI 48108
Phone: 1800-366-0793

Author: Ashley Combs
Article Source: EzineArticles.com
Omron HEM-790IT

Why Gluttony Impacts Asset Management

Gluttony is one of the 7 Deadly Sins of asset management. It is also one of the easiest to identify because of the impact it makes on energy costs. It is also the easiest of the 7 deadly sins to fix. For maintenance managers, gluttony is when assets that require energy (electricity, water etc.) begin to consume more energy than normal. Causes of the increase in energy usage include inhibited heat transfer, leaks, corrosion, a need for lubrication as well as anything that causes the equipment to run longer or harder to achieve normal output.

Neglecting asset operating condition will not only increase the gluttony factor but it will also shorten the useful lifecycle of an asset. The asset lifecycle is shortened because the piece of equipment is running longer and under greater stress. The increased usage cause the asset to wear out faster as well as require additional maintenance and repairs. The double impact of gluttony is increased energy bills and higher maintenance and repair costs. These amounts can be significant if you consider that the energy costs for an average facility run between 20% and 60% of the total operating costs or that companies in today’s downturn can ill afford an increase in labor or repairs.

As previously mentioned the fix is not difficult especially if an asset intensive organization makes use of an EAM system. Enterprise asset management (EAM) systems are designed to give maintenance management the tools necessary to manage the work order process more effectively. More effective maintenance operations spend less time fighting fires and more time performing maintenance functions such as inspections or preventive maintenance. The additional time spent inspecting and addressing problems such as pressure/water leaks, lubricating critical parts or identifying other issues will keep assets running more efficiently. Energy costs will decline as the result of early identification of problems and swift fixes.

To better understand how this works, the maintenance management functions of an EAM automate the work order process so that paper flow is reduced to a minimum. For example, with the use of handheld technology maintenance teams can submit work requests at the point of origin (problem identification). Upon management approvals, the work request is converted to a work order allowing on the spot repairs. This method is much more efficient than returning to an office to fill out paperwork and await approvals and a subsequent return trip to the work order location.

The advantages of an EAM do not stop with improved maintenance operations. One of the strongest features of an EAM is its ability to help manage the entire useful lifecycle of an asset. This is accomplished during implementation by creating a knowledge base of all asset information. The database that is created includes an asset description, location, purchase costs, designed use, expected useful life, asset condition, maintenance history and can be customized to include a multitude of asset detail.

When completed the asset information contained in the database enables management to identify MRO trends, monitor standard operating procedures or make more accurate capital projections, all by knowing where the organizations assets are, what condition they are in and what maintenance work is being performed. Gluttony no longer has to be an issue when assets are managed with an EAM system.

Stuart Smith writes about Enterprise Asset Management (EAM) and Computerized Maintenance Management Software (CMMS) Solutions for Mintek Mobile Data Solutions. Learn more about EAM/CMMS features that can help your business navigate through tough economic times.

Author: S W Smith
Article Source: EzineArticles.com
Digital economy, mobile technology

Web Based CMMS

CMMS is short for Computerized Maintenance Management System. Web based CMMS software programs help public and private organizations manage their maintenance from any location, by logging onto the Internet. Most of them provide features such as work orders, tracking and controlling of inventory, maintenance histories, costs and schedules of maintenance by the hour.

A web based CMMS uses a web browser to access the program. A true web based CMMS system does not require any third party or download program. The program is designed to operate from a central server and the database itself, from another. The more powerful systems require specialized hardware and software to function.

A web based CMMS offers the end user many benefits. Low cost, easy to maintain client and server components, and a user-friendly web browser are the salient features of a web based CMMS. It also offers remote system access with open architecture and interfaces. A very important feature is the web browser itself. They include copy and paste features along with e-mail and help systems. Security and history settings are also available.

A wide array of industries have switched over to using web based CMMS programs. Companies have been able to find new ways to deliver applications across their networks in a more efficient and cost effective manner. Web based CMMS can streamline software delivery and offers a centralized data repository for accessing and analyzing real time data. The cost savings involved are enormous and hence justify the initial investment in the package.

CMMS provides detailed information on CMMS, CMMS Software, CMMS Systems, Web Based CMMS and more. CMMS is affiliated with Facility Management Jobs.

Author: Jennifer Bailey
Article Source: EzineArticles.com
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Are You New to Web-Based CMMS?

For those not familiar CMMS or Computerized Maintenance Management System it is a software that runs on servers that allows you to maintain a database of information about your organizations maintenance operations. The software can track things such as when was the last time routine maintenance was performed on a system to how many spare parts your organization may have lying around in the warehouse. A CMMS is typically implemented one of two ways. There is what is called a desktop or network implementation and the web-based implementation. We will briefly mention both styles of implementations and then spend a little time providing the pros to why the web based implementation may be a better choice than a desktop based implementation.

The desktop or network implementation of CMMS software refers to the approach that the servers that the software runs on are local, or is under the ownership and maintenance of your organization. Typically these servers will be housed at your organizations corporate headquarters and will be under the umbrella of support by your organizations IT department. A major disadvantage to a desktop or network approach is the high start up costs that are required to implement this design. The high start up costs are due to the fact that your organization is responsible to purchase the server hardware required to handle the CMMS software. Another disadvantage to a desktop approach is that you can typically only access the CMMS software when you are on your organizations intranet, or local network. You cannot access the CMMS from the internet.

The second approach is called the web-based implementation of CMMS or CMMS hosting. The typical way a web-based approach works is exactly that, web-based. This means that your organization pays a 3rd party that owns that hardware and the servers that the CMMS software is running on. A great advantage to the web-based CMMS approach is that you can access your database from virtually anywhere in the world! All you need, assuming you have the correct logon credentials, is an internet connection. Another great advantage to a web-based CMMS is that your organization is not responsible for the maintenance and support of the hardware servers that the CMMS servers run on. When a server has a hardware failure, and the server will eventually fail, your organization does not have to worry about the costs of purchasing new hardware, and paying the IT group to fix the issue. You pay to have web access and leave the support to someone else.

Stuart Smith writes about Enterprise Asset Management (EAM) and Computerized Maintenance Management Software (CMMS) Solutions for Mintek Mobile Data Solutions. Learn more about EAM/CMMS features that can help your business navigate through tough economic times.

Author: S W Smith
Article Source: EzineArticles.com
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The Enterprise Energy Asset Management Benefits

Data gathered by companies from its energy systems will be used to analyze energy efficiency to help decision makers take action on improving its energy facilities and procedures. With the Climate Registry pressuring companies to reduce energy use, carbon emissions will be reduced to eventually help reduce global warming potential (GWP).

Facilities, companies, municipalities and organizations across North America, its’ states, provinces, territories and native sovereign nations, participate in a voluntary agreement. The Climate Registry works towards a common goal to identify, track and record greenhouse gas emissions. This is an ongoing effort to help in the reduction of global warming.

Emissions reporting is an important element included in the Climate Registry. The standardized procedure calls for companies to identify harmful emissions and to establish methods to manage them. Current and future greenhouse gas emissions can be managed, with the goal of reducing the company’s carbon footprint.

Within an electrical distribution grid, energy asset management covers all sources — distributed generation of energy, energy storage devices and renewable energy sources. As constant, real-time monitoring of indirect and direct sources is required, asset management software is indicated as these programs can best handle multiple sources and locations around the world.

In addition to tracking real-time energy use, greenhouse gas emissions from specific energy related assets can be tracked by efficient energy asset management. Included with this are HVAC systems, refrigeration, lighting, vehicle and transport, among many other types of equipment. Energy reduction efforts can be tracked in this way.

Protocols are provided by the Climate Registry to assist in energy asset management programs. These guidelines include an in-depth analysis of asset specific attributes linked to energy use. For a more accurate measure of harmful emission sources and energy sources, automated programs are highly recommended. The software programs can provide a greater oversight, and an hourly record of asset energy consumption.

Short and long-term objectives are defined through energy asset management with regards to energy consumption. Opportunistic areas are revealed and a plan of action can be put in place. Considering that energy is one of the top three largest operational expenses of any enterprise, any company’s goal would be to reduce energy risk and improve performance in its operations. Energy risk factors associated with design and operation can be identified as part of a comprehensive plan to manage all energy sources.

Elements which create practical opportunities for companies can be combined with any asset management program which can help monitor and save on energy use. Several things are achieved, including energy reduction, cost control and for all environmental health.

The Sustainability Resource Planning (SRP) platform delivers a broad range of enterprise solutions to over 40 global clients with a service network of over 7,500 consultants consisting of 65,000 application users. Verisae’s software manages, and monetizes energy costs and carbon emissions while providing a rapid ROI. Learn more at http://www.verisae.com/articles.

Author: Daniel Stouffer
Article Source: EzineArticles.com
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Asset Management Software Online

Asset management software applications that are connected to an enterprise wide network or the Internet are referred to as online asset management applications. Connecting these applications to a network offers several benefits. In case of online asset management applications for manufacturing companies, trans-receivers are embedded in critical pieces of equipment which communicate with the asset management application allowing maintenance personnel to track the functioning of the equipment in real time, taking preventive maintenance measures and quickly attending to breakdowns. Online asset management applications also help companies manage their inventory from any location by simply using a Web browser.

Online digital asset management applications help information technology departments monitor all the hardware and software installed on the enterprise network. The advanced versions of these applications also help managers remotely control the hardware and software applications installed on the servers.

For media and advertising agencies, creative products like artwork, videos and images are also digital assets. Specialized web-based asset management applications for this industry help media companies automate the process of viewing, publishing, maintaining, and marketing their multimedia gallery or store. Software product development companies use online asset management applications for electronic distribution and management of the digital products they have developed.

Human resource online asset management applications help the HR department to track employee performance, manage talent and identify star performers. These applications also help in working out hiring plans, storing resumes, and tracking hiring status.

Several finance Web sites also offer their customers a feature to track their financial assets such as stocks and mutual fund investments online. These Web sites track stock price movements in real time and net asset values of mutual funds on a daily basis. Using the Internet a customer can log on anytime to these Web sites to get the latest status on their financial assets.

Asset Management Software provides detailed information on Asset Management Software, Digital Asset Management Software, Inventory Asset Management Software, Fixed Asset Management Software and more. Asset Management Software is affiliated with Free Project Management Software.

Author: Steve Valentino
Article Source: EzineArticles.com
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Asset Management Journal Guide

Diligently managed assets of a business organization can make a lot of difference in its profit percentages. Judicious control over all tangible and intangible assets of a company makes sure that there are no leaking funds in the organization and all assets are utilized at maximum capacity. An inefficient management of resources and incorrect information about the objects in a commercial establishment may lead to drainage of finances and in turn adversely affect company’s performance.

Realizing the importance of asset management in any company’s performance has led to newer advanced strategies in this field of trade. Entire business management consists of host of issues comprising of cost management, capital budgeting, expense accounting, financial planning and reporting and many other similar topics. Asset management constitutes a large percentage of managing concerns in an organization. Apart from administering tangible goods, raw materials, finished products, vehicles, buildings and many other such items modern businesses also need to manage their intellectual assets.

Asset management is a comprehensive term and usually requires professional handling of the situation. There are many commercial asset-managing firms that offer services for administering various resources of the company. Many software are presently available in market that enable efficient managing of a companies assets. Traditional asset management meant dealing mostly with fixed assets in their every stage of life cycle. Entire infrastructure related to factory establishment comes under asset management.

Monitoring the whereabouts of assets, ensuring the availability of all resources required in an industry whether easily available or scarce is an integral part of managing assets for that company. Finalizing purchasing requests, valuation, depreciation, asset receipts, maintenance, warranties, user data and other related physical attributes of an asset form a major role of an asset manager.

Optimal judgment about methodology applied for managing assets of different enterprises differs according to their unique characteristics. No one procedure that has been successful for one concern can guarantee similar affluent results for another enterprise with different objectives.

Professional asset managers are also required to fix emergency problems arising due to unanticipated reduction in production capacity or a major break down in plants machinery, etc. the training received by them during their learning and skills learnt through experience facilitates a asset manager to handle every job diligently. Regular maintenance of assets ensures an adequate potential of asset manager while, recovering quickly from unpredicted adverse situation test the actual capability of asset management in a company.

The asset manager is liable to provide information about vast enquires related to it. The actual cost at procurement, vendor’s details, the department and the particular team that is using it, the physical location, depreciation and any other data related should always be available at any point of time. All this helps in efficient running of a business enterprise. Decisions as when new machinery needs to be purchased or the firm could carry on with just repairing old machinery and judgment about whether the concern should buy an asset or should lease it depends on information provided by the asset manger of the company.

Mansi aggarwal writes about asset management journal news. Learn more [http://www.assetmanagementjournal.com].

Author: Mansi Aggarwal
Article Source: EzineArticles.com
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Restoring Government Services After a Natural Disaster With a CMMS

In terms of natural disasters such as floods, fires, tornados, hurricanes etc., 2011 was a historic year across the nation. It has been estimated that there has been over $40 billion in damages to date, but the most far reaching impact has been the Local, State and Federal government operations that were interrupted.

Government services range from the upkeep of parks to emergency services to social services facility management and everything in between. Although no one can prevent a natural disaster from occurring, governments can take steps to make sure that services return to normal as quickly as possible.

Government Emergency Response Time Requires Asset Inspections

One way to make sure that government facilities and services restore operations as quickly as possible is for governments to implement a Computerized Maintenance Management Software (CMMS) system. A Government CMMS solution gives facility and asset managers the tools they need to make an emergency plan of action, execute that plan and do so in an efficient as well as effective manner.

The reasons a CMMS is so effective for governments is that it helps asset and maintenance managers to be proactive. For emergency preparedness CMMS solutions enable facility and maintenance managers to schedule inspections before during and after a natural disaster.

The values of inspections are priceless because they provide management with a very quick analysis of the location and condition of assets/equipment. This includes knowing whether the asset is secure, needs maintenance, requires repair or replacement and can be used to generate a work order for faster action.

The faster that facility and maintenance managers can ascertain the condition of assets then the faster those assets can be restored to normal operation. By eliminating most paperwork, government facility and maintenance can schedule repairs faster.

A CMMS is not just for emergencies

A CMMS system is not just for emergency asset management, the same CMMS tools used for natural disaster management are also applied to non-emergency asset and maintenance management making sure that government operations are:

  • Lowering labor costs through increased automation and the reduction of time consuming manual work management processes.
  • Lowering energy costs through better preventive maintenance which will keep assets operating more efficiently requiring less power.
  • Lengthening the useful life of assets by taking better care of equipment through better organization and controls including the scheduling of preventive maintenance and ensuring there is enough time to make repairs
  • Lowering repair, replacement and refurbishment costs by tracking the work history of each asset. Asset work history can be analyzed giving government asset and maintenance management the information they need to decide if an asset needs to fixed or replaced.
  • Able to better manage vendors, contracts and documents by storing relevant documents within the CMMS. This allows for easier contract comparisons and consolidations as well reducing the costs of document handling and retrieval.

A government CMMS system enables to governments to operate with the some of the levels of efficiency as industrial organizations. Isn’t it time your government did things better?

Stuart Smith writes about Enterprise Asset Management and Computerized Maintenance Management Software Solutions for Mintek Mobile Data Solutions. He is a lifelong interest in Geology and Natural Disaster Management.

Author: S W Smith
Article Source: EzineArticles.com
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Why Your Business Needs a CMMS Vendor

Do we need computerized maintenance management software (commonly known as CMMS)? It’s the question on the lips of many business managers seeking to improve the bottom line via improved tracking of business expenses and functions. Out on the proverbial shop floor, the question might be more along the lines of “what is CMMS anyway?”

But the question everyone should be asking is “Why haven’t we found a CMMS vendor yet?”

With CMMS, you can manage the schedule for everything from basic maintenance of equipment to calibrating of instruments, gauges and other delicate equipment.

The fine-tuning reaches beyond maintenance of equipment and into the business aspect of maintenance management: employee shift schedules, cost analysis, supply inventory and more. It even allows management to analyze overall maintenance performance.

All types of organizations will benefit from CMMS. It provides the ability to track tasks of all types. It organizes not only scheduled maintenance tasks, but also un-scheduled maintenance management tasks (those unexpected yet necessary repairs). It also and it creates documentation for both types of maintenance.

And we’re not just talking about software to use at the computer. Most CMMS is available as SaaS (Software As A Service). This online capability is also known as cloud computing. That means less of a need for hands-on IT work plus fewer equipment expenses. Wireless capabilities allows employees and managers can access the software from wherever they might be and with the PDA or smart phone device that is handiest.

Most CMMS vendors provide multiple versions of the software that allow each business to pick the plan that will fit most closely with the business needs. And as your needs change, you can typically add on new modules to fit the new demand.

CMMS offers more than ‘just’ the ability to track maintenance of equipment. The benefits are not solely in maintenance-CMMS can also track your business’ research, environmental, safety, regulatory compliance and quality. Now…what was that question again? That’s right. Why haven’t we found a CMMS vendor yet?

Ashcom Technologies provides knowledge-based business solutions to clients through a multitude of strategies and tools. In the process, clients receive a sustainable competitive advantage through the implementation of proactive strategies & technologies. CMMS plays a large role in this process.

3917 Research Park Drive
Ann Arbor MI 48108
Phone: 1800-366-0793

Author: Ashley Combs
Article Source: EzineArticles.com
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Enterprise IT Asset Management – Managing Your IT Assets

By effectively managing the life cycle of an organization’s IT assets, the IT manager has significant influence to improve an organization’s overall performance, reduce costs, improve effectiveness, and improve and demonstrate the IT department’s ROI. Managing an Enterprise’s IT assets is essential for an organization’s competitiveness today. Deploying an IT Asset Management system will help avoid failures and quickly identify wasted IT resources and other inefficiencies.

Corporations, small business, government agencies or educational institutions, all require a comprehensive solution for managing computer and software assets, controlling expenses, and automating license compliance. Enterprises require an end-to-end solution that is capable of:

  • Inventory IT assets, including computers, software, servers and laptops that connect to your network.
  • Get Instant IT visibility: View updated configuration and physical location of each computer, server or laptop. View over 200 different hardware properties and know which software titles are installed on each computer.
  • Search every IT asset by various asset properties such as CPU, operating system, by vendor and many more. Then export the data to CSV, PDF or HTML files directly from each view, giving you an easy way to export your data from the service and create useful reports.
  • Once you gain visibility into your IT Assets and you know which assets you have you can ensure that you are meeting your IT compliance requirements. These requirements might be validating software license compliance (having sufficient software licenses for all the software used by your company) or auditing your IT Assets and network.

IT Asset Management services allows you to make sure that your organization has the ability to manage their IT assets throughout their life-cycle.

SAManage is a leading provider of SaaS IT Management services, helping organizations effectively manage IT Assets such as computers, software, contract and software licenses, and detect potential IT risks or license compliance gaps. Delivered over the internet as an on-demand service, SAManage can be easily deployed across multiple locations within minutes and provide visibility into complex IT infrastructures to ensure optimized IT asset utilization.

Visit http://www.samanage.com and sign up for a free account today.

Author: Doron Gordon
Article Source: EzineArticles.com
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