Enterprise Asset Management (EAM)

Create, track and manage all assets from procurement to disposal

Traditionally, organisations have tracked their assets using a combination of tools  such as spreadsheets and other lists, which has meant no or limited asset visibility.  Lack of visibility means that organisations are not able to manage the critical  assets on which the business depends to operate and therefore generate its revenue. 

These methods do not allow operational efficiencies to be achieved because of their static nature, which means organisations miss out on significant monetary savings.
Additionally, new regulatory reporting and compliance requirements mean that proper asset and maintenance management is now mandatory. These requirements include:

• CLERP9
• Sarbanes Oxley (Sarbox)
• International Financial Reporting Standards (IFRS)
• Corporate Governance Standards
• Occupational Health and Safety
• Environmental Protection Authorities

Non-compliance against these standards and regulations pose a significant risk to organisations. Add to this the lack of monetary savings if a proper asset management system is not deployed, and it is clear there are compelling reasons for you to invest in the Loc8 Asset and Maintenance management solution.

Management of the entire asset process from planning and procurement through to management and disposal requires organisations to embrace Asset Management as a core management discipline.  To control your asset base, implement a comprehensive asset management program incorporating People, Policy, Process and Tools.

The Asset Management & Maintenance Journal, is for all those interested in the maintenance, monitoring, servicing and management of plant, equipment, buildings and infrastructure. The AMMJ is read in over 120 countries and has informative articles and news from around the world. For a free subscription, please visit www.maintenancejournal.com