Enterprise Asset Management

Transcription

1 presents Enterprise Asset Management in the PUBLIC SECTOR SOUTH AFRICAN BUSINESS EDITION Brought to you by

2 What is EAM anyway Enterprise Asset Management (EAM) describes a range of technologies and software designed to keep companies and their executives fully upto-date with all of their assets. It can monitor your asset performance, identify areas of improvement and facilitate proactive, corrective measures while ensuring compliance with crucial industry regulations. In the Public Sector specifically, the right EAM system will help you to provide more responsive services to citizens through preventive maintenance and upkeep systems for municipal water, sewer, and transit systems as well as all equipment. Types of assets that can be effectively monitored and managed include: Building & Sites Machinery Equipment People Vehicles 1 Enterprise Asset Management in the PUBLIC SECTOR

3 IsEAM important in your business Now more than ever, the Public Sector demands shrewd business systems. The gap between sustainability and obscurity is a narrow margin, with little room for excess or error. Managing, monitoring and maintaining your assets serve as a vital component to overall success. Thanks to ever-advancing technology, EAM has quickly evolved over recent years creating an incredible lead for innovative companies looking to work smarter, close margins and save on costs. Through more efficiently running their assets, from point of purchase right through to point of disposal, they can dramatically cut costs and increase profits. Below are actual statistics gathered from a recent survey of Infor EAM clients. Infor is the third biggest player in the EAM market. Using Infor EAM, companies have tracked the following returns on investment: Improvement in labour productivity Reduction in inventory levels Reduction in inventory carrying costs Reduction in new equipment costs Increase in fleet availability Increase in warranty cost recovery Reduction in materials costs Reduction in purchasing process costs 20% 30% 20% 5% 10% 50% 10% 50% 2 Enterprise Asset Management in the PUBLIC SECTOR

4 The EAM opportunity cost So EAM may sound impressive, but how can its software and systems impact your business practically? Get the bigger picture Lighten your carbon footprint Making decisions without the entire cost picture (including labour, materials, depreciation and energy) is dangerous and full of risk. Yet without an innovative EAM system, so many corporations do just that, daily. Minimize downtime Not being able to produce product, supply customers or serve citizens has very costly consequences. Impact to the business includes lost revenue, disgruntled customers or citizens, plant or site shutdowns, and the unquantifiable longterm damage to your brand s integrity. With EAM, downtime has proven to be minimized dramatically by predicting priority maintenance needs long before they become issues. If equipment is not maintained properly, it degrades in effectiveness and uses more energy. With Eskom price hikes, these kinds of energy inefficiencies become even more expensive, whilst adding an unnecessary burden on the environment. EAM systems help to decrease energy wastage. Profit from being proactive It s statistically proven that predictive processes and systems save money and increase profits. Automating your processes at a preventative schedule level with planned maintenance means you can keep less spares, manage labour better and improve your overall efficiency. Properly maintained equipment also assures the best quality products at the highest rate of production. 3 Enterprise Asset Management in the PUBLIC SECTOR

5 Are all EAM s created equal Certainly not. And in today s tough economic climate, where companies face intense margin pressures and increased competition, the search for every means to run leaner, work smarter and sweat your assets is a worthy one. One that should definitely include reviewing your asset maintenance system. We ve compiled a checklist below with the most important criteria to consider when choosing an EAM partner: Able to integrate with other software and systems Can the system be fully integrated into multiple systems that may be running concurrently within your business? Proven track-record Does the company have a good reputation and longstanding clients? Keep in mind that the level of service and ongoing support you receive will be critical to your longterm success. Mobile Industry-specific customization Does the company appreciate the unique requirements of your industry? Using software that has been designed specifically for your sector makes all the difference, enabling you to turn your company s asset management system into a competitive advantage. Easy to use If an asset management system is to be effective it must apply to the engineers and the accountants, to the HR managers and the HOD s. Designed with non-techie people in mind, it should be easy to use and easy to implement. Does your EAM partner understand that your business may well extend beyond the four walls of your head office? Your EAM system should be as mobile as your assets and business. 4 Enterprise Asset Management in the PUBLIC SECTOR

6 Introducing INFOR EAM Infor Enterprise Asset Management (EAM) has helped over 10,000 organisations in 194 countries to better manage, maintain, and track their assets thereby improving operations, driving growth, and allowing companies to quickly adapt to changes in business demands. It s happy to integrate It s flexible Infor can be fully integrated into multiple systems through ION interface. Deployable on-premise, Infor is also 100% web-based. New social collaboration tools and industryspecific functionality also empowers further innovation. It s not rocket science With over 70,000 customers (who include the likes of Ferrari, Boeing and Heineken), Infor is the most configurable asset management solution on the market. Designed in multi-language, multi-plant, multi-currency and with multiple security levels, Infor is organised to give each person a unique view, whilst report standards remain uniform. Designed with non-techie people in mind, Infor s system is intuitive, easy to use and easy to implement. Of course, it s also incredibly easy to maintain. New versions allow you to run patches and upgrades while the current system is still running. It s smart More than just computerized maintenance management software (CMMS), Infor s EAM solutions are proven to increase profits and improve performance visibility by analyzing data, forecasting reliability issues, and making forward-looking decisions that deliver improved bottom line results. It s on the ground As the official channel partner for Infor EAM, Softworx possesses a strategic understanding of the challenges facing South African businesses and service providers. Having enjoyed long-standing relationships with many clients (some for over 20 years), Softworx has the expertise and service integrity to ensure your EAM system becomes one of your greatest assets. It s tailor-made It s portable We appreciate that your business may well extend beyond the four walls of your head office. Wherever it can be found, Infor EAM is light footed enough to follow, anywhere, anytime. Unlike most competitors, Infor understands that every industry has radically different requirements. Building software and going to market specifically for these micro-verticals, Infor EAM is available in industry-specific editions, providing unparalleled flexibility to zoom in on the specialized industry requirements. 5 Enterprise Asset Management in the PUBLIC SECTOR

7 INFOR Public Sector Asset Management Tools With Infor EAM, we identified annual savings of $200,000 in energy efficiency alone just in our first phase of implementation. Also, productivity nearly quadrupled, and we can continuously monitor processes to further streamline them. Bill Miller, City of Des Moines, USA EAM software can help keep your equipment, facilities, and vehicle assets in optimal shape. You will also improve asset efficiency, more effectively conduct planned and unplanned maintenance, manage work costs better, and optimize your asset life cycle. Key capabilities include specialization in the areas of: Transportation: Roads, Street, Rail Utilities: Water, Sewer, Solid Waste Storm, Reservoir Fleet, Transit Facilities Linear Assets 6 Enterprise Asset Management in the PUBLIC SECTOR

8 Successfully manage your assets and they will multiply or call to find out how we could partner with you in ensuring your assets remain just that assets. 7 Enterprise Asset Management in the PUBLIC SECTOR