|
Asset management software involves continuous improvement of production capacity using quality control, process control and condition-monitoring technologies coupled with process design innovations to achieve four key goals: Downtime management: Many continuous and automated production processes lose output potential due to unscheduled downtime. When production processes run slower than their maximum rate output is unexpectedly lost. By installing CMMS software, a few discrete product manufacturing processes lose 25% of their theoretical capacity due to downtime and slow time. Waste Management: Whilst keeping track of waste of raw materials and finished goods, many organizations tie these costs to process downtime. At the same time, to avoid unscheduled failures, pre discarding of machine life and incur unnecessary maintenance expenses with no idea of the value of wasted machine life. This can be avoided using asset management software. Resource Management: Millions of non-productive dollars can be tied up in emergency repair spare-part inventories that are unnecessary if scheduled. Redundant machinery and the labor to run them is another source of idle resources. Safety and environmental Management: Unexpected machine failures can result in injury or damage to facilities and environment. This may perhaps end up to loss of brand-name equity. With the emerging of Maintenance Management Software, organization can step forward and become involved in applications that promise to be the next economic frontier in manufacturing.
Related Articles -
CMMS, Web CMMS, CMMS Software, Asset Management Software, CMMS Maintenance Software, Facility Maintenance Software, Fleet Maintenance Software, Equipm,
| 
