SAVINGS FROM EAM SYSTEMS

Asset owner / operators spend significant amounts of money implementing Enterprise Asset Management (EAM) systems in order to achieve saving in some or all of these areas:

  • Reduction in maintenance overtime, labor, and contractor costs
  • Reduction in maintenance material costs
  • Reduction in production downtime
  • Reduction in energy costs
  • Reduction in new equipment costs
  • Reduction in purchasing process costs
  • Increase in fleet availability
  • Increase in warranty cost recovery

MANAGING OBSOLESCENCE

Companies that manufacture products change constantly. They might be acquired, cease trading, or acquire other companies themselves. All of this can lead to obsolescence events such as product lines being merged or discontinued, or spare part number changing with new ERP implementations at the merged company.

Operators of equipment need to be aware of these changes as they happen so that contingency plans can be put in place to ensure the safe and continuous operation of the facility.

ORDITAL provides a comprehensive and live manufacturer database that can advise of manufacturer organizational changes in real time, and provides a social network for collaboration with manufacturers on product level status.

 

DATA DRIVES SAVINGS

The starting point to achieving the potential savings from an EAM system implementation is ensuring that the data about your assets in the EAM system (the digital plant) is synchronized with your assets in the physical plant.

EAM systems allow you to build extensive maintenance strategies that define what spares you will purchase and what maintenance you will carry out. But if you don't know the make, model and serial number of the equipment currently installed in the plant then you are strategies are compromised and can actually increase costs with restocking fees and time wastage.

IF YOU CAN'T MEASURE IT, YOU CAN'T MANAGE IT

ORDITAL solutions allow for the rapid collection of large archives of equipment photographs that are classified and catalogued at the time of capture on standard smart phones.

The photo archive is processed to extract reliable information with measurable quality that is used to close the gaps in EAM systems.

The photos tell you what was accurate at the time the equipment left the factory, and where it is installed today. The ORDITAL manufacturer database tells you what is accurate as of today.