Why you should use asset management software
Overall equipment effectiveness
Assets are everywhere. Factors outside the production line itself like warehouse management, temperature control, humidity control or nitrogen pressure and supply all play a key role in efficient manufacturing operations.
As energy costs and manufacturing complexity continue to rise, better management of these factors will help save costs and ensure the ability to plan development and point management in the right direction for increased profitability.
Data driven approach
A cloud-based asset management solution can help you unify historical data, SPI, AOI and AXI inspection results with the testing of the final product for efficient root cause analysis.
You’ll gain full visibility into asset performance, work orders status, overall throughput, and energy management. Failure analytics help forecast likely trouble points and causes to lower scrap and repair costs and maximize uptime.
Performance is not only measured in throughput. Monitoring changeover times, production waste, repair costs, and maintenance processes with accurate, live data assures visibility on a scale never before achievable.
A holistic view of data across multiple systems and environments helps provide the insight needed to immediately address performance and service pitfalls, as well as address potential compliance and specification violations.
Sustainability and waste reduction
From the equipment on the shop floor, board handling systems, stencil printers, chip shooters, and assembly equipment, assets generate waste if all their components are not running efficiently.
Enterprise asset management technologies help managers take advantage of strategies such as global asset sustainability (GAS) and overall equipment effectiveness (OEE) to make their entire production run efficiently.
Do you want to better manage your production?
Discover how Infor EAM can help provide exceptional asset management tools for your operations from production to warehouse management.
Alert management. Use SPI, AOI or AXI data to generate automated alerts and notifications with full documentation available at your fingertips for root cause analysis.
Work management. Track all work performed on assets, from installing new equipment to maintenance on existing equipment. Built-in risk analyses help you assign funds to assets in need of replacement or maintenance.
Warranty management. Track manufacturer warranties and automatically process claims to significantly reduce unnecessary spending and avoid maintenance activities that may lead to voiding existing warranties.
Supplier management. Use historical data analysis to grade suppliers of spare parts and production machinery to get help optimizing the procurement process and ensure you’re always getting the best value.
Enhances profitability and performance
Infor EAM is a comprehensive asset management solution that offers a complete system for equipment management, facilities management, warehouse management, and much, much more.
Automate your production processes by having inspection equipment immediately generate alerts or reports that are viewable from anywhere. Automated reporting allows for data driven decision making in all fields from calibration management to the generation of maintenance schedules.
Data about your assets from multiple sources allows calculation of demand forecasts for possible future uses of your production equipment to determine the most appropriate strategies to maximize your throughput and profit.
Native mobile functionality allows you to create, manage, and track work orders, work history, and service requests from the field to ensure your team always has information readily available to operate efficiently.
Dynamic communication capabilities enable collaboration across the enterprise between systems and people, easily connecting multiple locations, manufacturing cells, and management levels for meaningful information sharing.
Advanced analytics and reporting features give managers and executives easy access to data tools so they can consume relevant data like total cost of repairs and energy consumption to forecast performance in a meaningful context.
Delivers insights into the operations of your facilities, building automation, and utilization, giving you the tools you need to ensure production does not suffer from outside factors while also saving money by reducing unplanned downtime.