An Overview of EAM for Calibration and Maintenance Professionals
An equipment manager or asset manager is responsible for managing equipment and ensure it is operating correctly and safely in your facility. One tool that can help you streamline and optimize these tasks is Enterprise Asset Management (EAM) software.
EAM is a systematic approach to managing an organization’s physical assets, such as equipment, facilities, and infrastructure. It includes the use of various technologies, processes, and best practices to optimize the performance, reliability, and safety of these assets.
EAM software helps organizations to manage the entire lifecycle of their assets, from acquisition to retirement. This includes tracking and managing equipment and inventory, scheduling and completing maintenance tasks, and analyzing performance data. It also encompasses compliance, safety and environmental regulations, and sustainability.
EAM software helps organizations to manage the entire lifecycle of their assets, from acquisition to retirement. This includes tracking
and managing equipment and inventory scheduling and completing maintenance tasks, and analyzing performance data.
What is the Difference Between a CMMS and an EAM?
A CMMS (Computerized Maintenance Management System) and an EAM (Enterprise Asset Management System) are two popular systems for managing assets in a business or organization. Both systems have similarities and differences that can make one a better choice for your specific needs than the other.
A CMMS focuses on calibration and maintenance management. This system is designed to manage maintenance tasks and schedules, track the cost of maintenance activities, and store maintenance-related data. CMMS is ideal for organizations that need to manage their maintenance activities, but do not need to track financial data, such as budgets and expenditures.
On the other hand, EAM systems are designed to manage all aspects of an organization’s assets, including maintenance, financial data, and asset lifecycle data. EAM systems offer a complete solution for managing assets, including tracking procurement and disposal activities, as well as maintenance tasks and schedules.
The key difference between the two systems is their scope of management. If your organization needs to manage calibration and maintenance activities, a CMMS system will likely meet your needs. However, if you need to manage all aspects of your assets, an EAM system is the way to go.
Regardless of which system you choose, it is important to assess your needs and select a system that meets your specific requirements. With the right system in place, you can efficiently manage your assets, save time and money, and improve your overall operations.
Key Features of an EAM Software System
Some of the key features of an EAM system include:
- Asset Tracking: Ability to track the location, condition, and maintenance history of all assets within the organization.
- Maintenance Management: Scheduling, tracking, and reporting of maintenance activities, including preventive and corrective maintenance.
- Financial Management: Budgeting, cost tracking, and financial reporting for all assets, including procurement, depreciation, and disposal.
- Supply Chain Management: Integration with supply chain processes, including procurement and inventory management.
- Work Management: Planning and scheduling of work activities, including the allocation of resources and tracking of progress.
- Mobile Access: Access to the EAM system from mobile devices, allowing maintenance workers to access information and updates in real-time.
- Reporting and Analytics: Customizable reporting and data analytics to provide insights into asset performance and trends.
- Integration: Ability to integrate with other systems such as ERP, CMMS, and GIS for a comprehensive view of the asset lifecycle.
- User Management: Role-based user access and security, allowing for customization of user permissions and access control.
- Configurable Workflows: Customizable workflows and business processes, allowing organizations to automate and streamline operations.
Do I Need an EAM or a CMMS?
In conclusion, an EAM system is a comprehensive solution for managing all aspects of an organization’s assets, including maintenance, financial, and supply chain management. The right EAM system should help organizations improve efficiency, reduce costs, and increase asset reliability and uptime.
If an EAM is too complex for your organization’s needs and you don’t need all of these features, you may want to invest in a Computerized Maintenance Management System (CMMS) instead. To learn more, read our article What is a CMMS here.