Presents
Viziya - Asset management software solutions
(905)-544-4144
| Presents
Viziya - Asset management software solutions
(905)-544-4144
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Asset management - Management scheduling softwareAsset management, Asset management software solutions
Viziya has a proven track record of delivering ERP Solutions with outstanding results for leading enterprises in many industries. Viziya
asset management provides asset management
system and asset management software solutions
Sales Info: ++1 905 544 4144 ext. 120, E mail : info@viziya.com Asset Management software solution VIZIYA offers enterprise asset management software products and services that enhance the capabilities of Oracle eAM and SAP Plant Maintenance (PM) modules. VIZIYA is an enterprise asset management company. Our WorkAlign® family of products will help you maximize the capabilities of your asset management software. Our focus is to help you realize the benefits
of a world-class enterprise asset management system Whether you’re currently using, implementing, or deciding whether to even use your existing ERP system’s asset management software – we can help. Implementation from inception to data migration to optimizing existing processes to filling missing functionality with add-on products ... VIZIYA can meet your needs. Our people are experts in asset management services and have in-depth knowledge of the technical architecture that supports the functionality. VIZIYA help you maximize the capabilities of your asset management system by applying a “Best of Breed” Enterprise Asset Management (EAM) approach to their implementation and configuration that delivers unparalleled asset management business process optimization. At VIZIYA, we are a leading enterprise asset management company. We believe it's not just about technology, but rather, it's about using the technology combined with our years of expertise with asset management systems to guide you and deliver precisely what you need to run your business. We have had the privilege of assisting many of the global corporate leaders in optimizing their asset management services and we bring this experience to every single engagement we encounter.
Central Phone: ++1 905 544 4144 VIZIYA Head Office: Viziya Corp. 100 King street west
More Info: info@viziya.com What is enterprise asset management ( EAM ) ? In capital-intensive industries such as utilities, process/discrete manufacturing, healthcare as well as real estate, physical assets (buildings, infrastructure and equipment) form a significant proportion of the total assets of the organization. These industries face the harsh realities of operating in highly competitive markets and dealing with high value assets and equipment where each failure is disruptive and costly. At the same time, they must also adhere to stringent occupational and environmental safety regulations. It is thus important for organizations to maximize the return on investment from their asset base. Life Cycle Asset Management (LCAM) and EAM are paradigms employed to achieve that goal. Given a physical asset, the objective of LCAM is to extract maximum productivity from the asset and minimize the total costs involved in its acquisition, operations as well as maintenance. Quantitatively, the objective of asset management is to strike an optimal balance between maximizing Overall Asset Productivity (OAP) and minimizing Total Cost of Ownership (TCO). Furthermore, LCAM provides guidance on whether it is more cost-effective to continue to maintain, overhaul or replace a failing asset. When the entire asset portfolio of the organization is considered, EAM takes over. As business and market requirements are dynamic, the output specifications for the organization’s assets change constantly (e.g., increase in output capacity due to new customers). EAM provides the framework for capital and labor allocation decision processes across the competing categories of equipment addition/ reduction, replacement, over-hauling, redundancy setup and maintenance budgets in order to meet business needs. Correspondingly, it merges the collective LCAM efforts and re-evaluates decisions based on long and short-term economic considerations at the enterprise level. Enterprise asset management Enterprise asset management (EAM) means the whole life optimal management of the physical assets of an organization to maximize value. It covers such things as the design, construction, commissioning, operations, maintenance and decommissioning/replacement of plant, equipment and facilities. "Enterprise" refers to the management of the assets across departments, locations, facilities and, in some cases, business units. By managing assets across the facility, organizations can improve utilization and performance, reduce capital costs, reduce asset-related operating costs, extend asset life and subsequently improve ROA (return on assets). The functions of asset management are taking a fundamental turn where organizations are moving from historical reactive (run-to-failure) models and beginning to embrace whole life planning, life cycle costing, planned and proactive maintenance and other industry best practices. Some companies still regard physical asset management as just a more business-focused term for maintenance management - until they begin to realize the organization-wide impact and interdependencies with operations, design, asset performance, personnel productivity and lifecycle costs. This shift in focus exemplifies the progression from maintenance management to Enterprise Asset Management and is embodied in the British Standards specification PAS 55 (Requirements specification for the optimal management of physical infrastructure assets). Why is EAM important ? Competitive pressures force organizations to minimize asset total cost of ownership and streamline their asset management operations (these typically involve myriad activities ranging from inventory, parts and labor management to contracts and vendor management for new works). As downtimes become increasingly expensive, both in terms of lost production capacity and unfavorable publicity, organizations are compelled to maximize their asset productive life cycles via optimal maintenance programs. In the event of asset failure, quick response time is critical. In recent years, stringent industry-specific environmental health and occupational safety regulations are being enforced by government oversight agencies, with industrial owners and operators responsible for compliance. Asset registers, risk registers, work planning and scheduling, life cycle costing and systematic methods for problem identification, root cause analysis and continuous improvement are increasingly seen as prerequesites for a robust asset management system. By providing a platform for connecting people, processes, assets, industry-based knowledge and decision support capabilities based on quality information,EAM provides a holistic view of an organization's asset base, enabling managers to control and optimize their operations for quality and efficiency.
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