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Achieve Greater Efficiency in Asset Management

IBM
By : IBM
INFORMATION
Published : Dec 14, 2006
Length : 8
Type : White Paper
 
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Overview :

You face key challenges–technological and organizational–in enterprise asset management. Every last vehicle and material is under your control, often in different software formats that only provide you with a partial view of your enterprise. We would like to share a white paper with you that explains how you can see your assets holistically and optimize their performance.

You’ll read how the leading asset management solution, IBM® Maximo® Asset Management, gives you a comprehensive view of all your asset types, including production, facilities, transportation and IT.

The white paper then breaks down the six key management modules of Maximo and explains how they can help you improve service levels, minimize disruptions, maximize return on assets, maintain compliance and even reduce costs.

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Browse Related Categories :

IT Management

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Tivoli

 
 Every company knows it is crucial to care for the critical assets the company depends on, whether they include a fleet of trucks or a plant full of production equipment. To meet the specific needs of different asset types, organizations have traditionally relied on multiple software solutions. These solutions, however, provide only a partial view of an organization’s total enterprise assets, making it difficult to identify areas for performance improvement. As a result, organizations don’t have the asset visibility they need to achieve the operational excellence they seek.
IBM Maximo® Asset Management takes the power, performance and possibilities of asset management to an entirely new level. Built on a single software platform, Maximo Asset Management delivers a comprehensive view of all asset types — production, facilities, transportation and IT — across your enterprise. This holistic perspective allows you to see all of your assets, as well as identify all of the untapped potential within them. You gain the knowledge and control you need to closely align your organization’s goals with the overall goals of your business.
Consisting of six key management modules — asset, work, service, contract, materials and procurement management — Maximo Asset Management is the only solution you need to optimize the performance of every asset. To help maximize return on assets, Maximo Asset Management enables you to develop comprehensive programs for preventive, predictive, routine and unplanned maintenance. Together, these programs contribute to your goals of reducing costs and increasing asset uptime.
Maximo Asset Management effectively captures and analyzes your asset and work data. To help you optimize mainte-nance and service initiatives throughout your enterprise, advanced capabilities in six key areas of asset management deliver knowledge and control:
Asset management
All the control you need to seamlessly track and manage asset and location data throughout its entire life cycle.
Track asset detail — including loca-tion, work and cost history — over time to help maximize productivity and extend asset life.
Establish location and asset hierarchies to roll up costs across systems, subsystems and locations, and also obtain a complete under-standing of asset costs.
Monitor asset and location conditions to enable proactive — rather than reactive — maintenance that helps decrease unplanned downtime.
Work management
Manage both planned and unplanned maintenance activities, from initial work request and work order generation through completion and recording of actuals. Work planners can match job tasks to available resources, estimate and obtain approval of costs, estab-lish priorities and initiate maintenance activities across the enterprise.
Tracking tools enable detailed analysis of resources, materials and equipment use and costs — helping decrease labor and materials costs.
Graphical assignment manager helps optimize maintenance schedules and labor use, assigning the right person with the right skills to the right job.
Preventive maintenance (PM) function-ality allows you to put PM schedules in place with the right job steps and resource requirements, helping you with your planning and your technicians with their work, to reduce unplanned downtime and reactive maintenance.
Service management
Allow end users to submit new service requests, as well as track and update open service requests. Apply additional service management best practices through IBM Tivoli® Service Desk and further align asset management goals and priorities in a manner that best supports overall business objectives. By infusing comprehensive service level management into your asset management practice, you can:
Define service offerings to help improve organizational communication and verify that the services provided are those required to support the business.
Establish service level agreements (SLAs) to help increase communica-tion between your organization and the business units, and help align service levels with business objectives.
Monitor service level delivery proac-tively against metrics to avoid missing service level commitments.
Implement escalation procedures to properly manage resources to achieve service level commitments.
Contract management
Have enhanced control over your vendor contracts with this integrated contract management system. Provide comprehensive contract management support for purchase, lease, rental, warranty, labor rate, master, blanket and user-defined contracts.
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