Most large scale mining operations are dominated by international conglomerates. One of the primary reasons for this is because mining is very asset intensive requiring huge capital expenditures for heavy equipment, exploration and mining facilities. Enterprise Asset Management (EAM) is ideal for mining because it helps manage the lifecycle of assets from planning through retirement. Lifecycle asset management with an EAM will lengthen the expected useful life of equipment, lower ongoing maintenance costs and increase safety.
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.
The use of rugged EAM mobile devices reduces paper flow, increases maintenance efficiency and provides reliable tools for performing and recording inspections, preventive maintenance and repairs. An EAM allows blueprints, photos, contracts and other documentation to be scanned, uploaded and linked (attached) to assets. Document storage then becomes centralized and lost documents become a thing of the past. EAM management reports can produce a detailed listing of all work performed on assets. This information is priceless when it comes to maintenance planning or verification that all safety rules and regulations are in compliance.
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.
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