Enterprise asset management

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Enterprise asset management (EAM) is the optimal lifecycle management of the physical assets of an organization. It covers subjects including the design, construction, commissioning, operations, maintenance and decommissioning or replacement of plant, equipment and facilities.

"Enterprise" refers to the scope of the assets in an Enterprise across departments, locations, facilities and, potentially, supporting business functions eg; Finance & GL, Human Resources and Payroll. Various assets are managed by the modern enterprises at present. The assets may be fixed assets like buildings, plants, machineries or moving assets like vehicles, ships, moving equipments etc. The lifecycle management of the high value physical assets require regressive planning and execution of the work.

Enterprise asset management software[edit]

Enterprise asset management software is a computer software that handles every aspect of running a modern public works or asset-intensive organization. Effective enterprise asset management (EAM)[1] software solutions include many powerful features, such as complete asset life-cycle management, flexible preventive maintenance scheduling, complete warranty management, integrated mobile wireless handheld options and portal-based software interface. [2]

See also[edit]

References[edit]

  1. ^ "Why do you need an Enterprise asset management system (EAM)?". bastionsafe.com. Retrieved 2017-09-22. 
  2. ^ "What is Enterprise Asset Management Software | FAQ". www.assetworks.com. Retrieved 2017-09-13. 

Sources[edit]

  • Baird, G. (May 2011). "Defining Public Asset Management for Municipal Water Utilities". Journal American Water Works Association. American Water Works Association. 103 (5): 30. 
  • Physical Asset Management(Springer publication) Nicholas Anthony John,2010.
  • Pascual, R. "El Arte de Mantener", Pontificia Universidad Católica de Chile, Santiago, Chile, 2015. [1]