SAP EAM

Enterprise Asset Management

is the combination of software, systems, and processes to maintain and control a company’s operational assets and equipment. It helps to reduce cost for emergency repairs, increase asset lifecycles and maximize uptime through preventative maintenance. With enterprise asset management, organizations can be proactively prepared for audits and inspections, save money on fines, and avoid negative publicity.

Enterprise Asset Management

is the combination of software, systems, and processes to maintain and control a company’s operational assets and equipment. It helps to reduce cost for emergency repairs, increase asset lifecycles and maximize uptime through preventative maintenance. With enterprise asset management, organizations can be proactively prepared for audits and inspections, save money on fines, and avoid negative publicity.

SAP EAM is a software solution to help maximize an organization’s asset health and performance. It supports the maintenance and service of physical assets with real-time insights, loT, machine learning, mobility, and advanced predictive analytics. The solution allows companies to plan, schedule and maintenance operations better by the integration of intelligent technologies to deliver new value and optimize processes. Real-time insights help maintenance teams make better decisions, enhance efficiency, perform preventative maintenance, and maximize investments in physical assets.

Key Capabilities of SAP Enterprise Asset Management are:

• Asset Performance. Risk estimation and evaluation, reliability methodologies, and AI predictive maintenance.
• Field Service. Workforce scheduling and dispatching, analytics reports and dashboards, mobile field service.
• Mobile EAM. Work order management, compatibility with multiple devices, and mobile asset management.
• Asset Tracking. Collaborative EAM, centralized asset data hub, and automated equipment tracking.
• Maintenance Operations. Asset operations and planning, maintenance scheduling, and maintenance execution.
• Geographic enablement. Standalone geometry explorer and editor, geospatial enabled solutions, and GIS data.
• Crowd service. Collaborative service ecosystem, skill and qualification management, and AI-enabled technician empowerment.

Benefits of Enterprise Asset Management are:

1. Reduce overall maintenance costs by preventative maintenance
2. Schedule and plan maintenance proactively
3. Understand the overall equipment effectiveness (OEE)
4. Automate equipment alerts and communication
5. Ensure regulatory compliance

Key considerations for SAPinsiders are:

• Take Asset Management Planning to the Next Level. In this article discover how to bring an advanced and strategic approach to asset management. Including balancing cost, risk, and performance in your company’s objectives.
• Discover SAP’s Approach to Intelligent Asset Management: The Convergence of EAM and APM. This event presentation talks about how the processes and systems have grown with managing enterprise asset management. Capabilities now include managing the entire life cycle covering both enterprise asset management (EAM) and asset performance management (APM).