Presents
Viziya - Asset management software solutions
(905)-544-4144
| Presents
Viziya - Asset management software solutions
(905)-544-4144 |
|
Maintenance management - Preventive Maintenance management scheduling softwareAsset management, Maintenance management software solutions
Viziya has a proven track record of delivering ERP Solutions with outstanding results for leading enterprises in many industries. Viziya
maintenance management provides maintenance
management system and maintenance software solutions VIZIYA provides a broad range of consulting services in order to ensure that you maximize the asset management ROI from ERP investment. Regardless of whether you are starting a new implementation, upgrading to the latest release, integrating to a third party solution, looking to develop new reports or optimizing your business processes, VIZIYA can help. With our many years of experience working with Best of Breed applications, we have the proven methodologies and tools that will make you ERP asset management investment a success. We believe that there are several categories of customers that we are ideally suited to assist with our capabilities: Existing Oracle eAM or
SAP PM users who are looking to gain greater value and ROI from their
investment either through optimization or filling functional gaps; Organizations who have Asset Management as a key business driver and are attempting to decide whether an ERP solution can meet these needs and, if so, then how. Alternatively, whether they need to consider an integrated third party Best of Breed solution. Sales Info: ++1 905 544 4144 ext. 120, E mail : info@viziya.com
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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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