Is Asset Lifecycle Management Driving You Round The Bend?

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Lawson Enterprise
Asset Management
- Effective Lifecycle ManagementLawson Enterprise Asset Management
Getting the Most Out of Your Key Assets Getting the most out of your key assets throughout their lifecycle is important to your success. We don't need to tell you that unplanned stoppages can greatly affect your bottom line. You also need to keep costs to a minimum, so you can't just throw money at the problem.Then there's the growing list of environmental, security, financial and operational regulations to meet. Not to mention stricter reporting requirements.Lawson has the solution-a complete business software solution specifically designed for companies that rely heavily on complex assets.Lawson Enterprise Asset Management helps you to maximize asset availability and minimize lifecycle costs, giving you a faster return on asset investment. It also gives you visibility across your business, so you can see where you can boost profitability.At Lawson we look at your business from your point of view and your way of operating. We examine the challenges you are facing at every stage of the asset lifecycle-from the moment you need to purchase a new asset to the moment it is scrapped-and outline the range of solutions available.
Keeping Costs Down and Availability Up Aging assets. Skills shortages. Tougher regulations. You can't do much about them and they're all pushing up your costs. To remain competitive, you need to keep the lid on your spend for equipment maintenance, spare parts replenishment and asset replacement. But high levels of availability and reliability of plant, facil-ities or equipment is essential to your success. The solution is found in the better utilization of your resources.
(1) Lawson world-wide benchmark survey Better Service with Fewer Workers"Are Attitudes to Asset Management Changing Not many asset intensive organizations have escaped the effects of staff cuts and and Does IT Add Value?" an aging workforce. But despite fewer workers, service levels must keep improv-ing. In a recent benchmark survey sponsored by Lawson (1) more than one-third of asset intensive organizations believe that skills shortages are having a signifi-cant impact on their organization. Effective asset management solutions can provide your organization with a long-term view of future skills requirements and enable you to plan to ensure that those requirements can be satisfied using internal or specialized contractor support.
Corporate Social ResponsibilityNowadays, you can't simply consider operational output at the expense of every-thing else. You are legally bound to meet environmental, health and safety as well as accounting regulations-and be able to prove that you do so. Corporate social responsibility (CSR), and specifically the need to be environ-mentally friendly, has become a major influence on the way organizations oper-ate. Today, almost 80 percent of asset intensive organizations view maximizing plant safety as a critical concern. Ninety-seven percent have at least one CSR initiative in place such as carbon emission reduction, improved energy manage-ment, or ethical procurement. (1)
Lawson Enterprise Asset Management
An effective asset management and maintenance solution can play a significant part in your CSR policy. It can, for example, help ensure that assets operate efficiently and within environmental limits. An effective preventive maintenance program can greatly lengthen the lifecycle of spare parts and assets, saving natu-ral resources and reducing disposal. In addition, by making sure that maintenance procedures are well documented, waste is disposed of correctly and, when possible, equipment is repaired rather than discarded.Total cost of ownership for our software is reducing. A Necessary Evil?Another important issue faced by many asset intensive organizations is that Our share price is up this quarter. maintenance is often seen as a cost, rather than an investment. Although things We have received Operational our certificate of are moving in the right direction in this respect, too many senior managers still output has compliance.increased. view maintenance as a necessary evil and don't fully appreciate that effective BOARDROOMasset management can have a significant positive impact on the bottom-line.
Cradle-to-Grave Asset Management
Managing and maintain... [download for more]