Tag Archives: Facility Maintenance

A Plain English Guide to Facility & Asset Management Software

The MicroMain Blog is proud to present another edition of our guest blogger series. We’re reaching out to third party industry experts for their take on maintenance management and how it can complement a quality CMMS system. In this guest blog, Ashley Halligan, a software analyst at Software Advice, met with three industry experts to compose a layperson’s guide to Facility Asset Management software.

The range of software solutions within the maintenance and facility management sectors can be overwhelming. These systems, which have some overlapping functionality, have left some buyers understandably confused.

To help clarify the difference between the types of systems, I interviewed three industry experts: Joseph Valeri, President and COO of Lucernex Technologies; Chris Kluis, Mintek’s Marketing Director; and Andy Fuhrman, VP of Product Development at Bricsnet.

Needless to say, these guys are experts. I, on the other hand–not so much. While all of our experts provided great insight, they also encouraged me to simplify that knowledge, and boil it down so the average person could also understand.

First and foremost, the primary difference between the software systems is their depth of functionality–that is, the number of features they offer and challenges they solve.

So, here are the most common software solutions in the maintenance and facility management markets, and the business challenges they address.

Computer Aided Facility Management (CAFM)

Manages space planning, tracks asset location, and oversees move management.

All of our experts agree that current CAFM software is primarily used as space planning tools–with the goal of optimizing the usage of space, while keeping track of physical assets.

Companies have a lot of space, particularly those with several floors or multiple locations. They also have lots of assets–like desks, chairs, computers, and telephones.

CAFM systems keep companies organized by keeping track of how space is being used, who’s using that space, and where the organization’s belongings are currently located. Essentially, these solutions form a relationship between a business’s space, its people, and its stuff.

Because CAFM software has such specialized space planning functions, it’s often used as a building block for the more complex systems discussed below.

Computerized Maintenance Management System (CMMS)

Tracks asset maintenance and the cost of the work; monitors equipment location, and keeps detailed records of the equipment’s maintenance history; tracks labor resources.

In addition to the types of physical assets a CAFM oversees, some organizations also have things that need regular maintenance to ensure minimal downtime. Consider high-value assets like: Boeing 747s, MRI machines, and dump trucks.

“CMMS applications provide greater functionality, such as maintaining critical equipment found in health care facilities, data centers, labs and manufacturing,” Fuhrman explains.

Failing to perform routine maintenance tasks on equipment can lead to unnecessary downtime. Furthermore, failing to perform recommended maintenance can lead to unexpected failure–ultimately requiring replacement. Repair is far less costly than an untimely replacement.

Malfunctioning equipment may pose hazardous conditions for employees. So, computerized maintenance management systems also assist in maintaining a safe work environment.

To read the rest of Ashley’s article, including her plain english definitions of Enterprise Asset Management (EAM) and Integrated Workplace Management System (IWMS), click here. More great industry content can be found in The Software Advice Blog.

A Brief Overview of EAM Asset Management

EAM, or enterprise asset management, involves the management of an organization’s physical assets, capital, as well as its back office system. This basically translates into the management of all processes of an organization including manufacturing, inventory, shipping, distribution, and logistics. Since it deals with the processes involved in the functioning of a company, it is often referred to as the back office system.

An efficient enterprise asset management solution can, for an organization, be the single most vital tool in uncovering hidden costs and preventing operational surprises. By optimizing maintenance resources, increasing inventory efficiency, and improving employee and equipment productivity, EAM enables organizations to save both time and money.

In certain cases, enterprise asset management scores over computerized maintenance management system software. Although the CMMS software significantly decreases expenses and brings up overall productivity, it might fall a little short on efficiency when it comes to large enterprises. In such cases, since the organization’s size and expenses are both much larger, they become difficult to track and manage. EAM, on the other hand, is capable of taking into account a comprehensive view of all the assets in an organization, like staff, physical buildings, inventory, and equipment. EAM allows for a constant monitoring of all equipment, and a tracking of quality control, purchasing, shipping, and accounting procedures. Also, since the EAM provides a more comprehensive view of the company’s assets, it becomes easier for facilities or manufacturing departments to decide where the problems actually are, where it is possible to make changes, and where costs can be reduced so as to give the production and profitability a boost.

Enterprise asset management software will be able to lower your company’s production and transportation costs, inventory costs, as well as ordering costs. If you are planning to get such software, you need to give thought to a few things first. To begin with, EAM software has a wide scope of activities. As a result, it is bound to take quite a bit if time and resources before it can be implemented successfully. Also, while buying the product, you need to make sure that you purchase it from a company that is stable, will be around in the next 5 years, and offers good tech support and training.

EAM software can be particularly helpful in service sectors like hospitals, banks, government departments such as defense, as well as manufacturing industries. To get the best enterprise asset management solutions for your organization, visit facilligence.com.

Facilligence provides end-to-end EAM Asset Management solutions that combines full-featured maintenance management functionality. visit http://www.facilligence.com.

Author: Winston Jenkins
Article Source: EzineArticles.com
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