Displaying items by tag: Asset Management
You need to mitigate these disruptions and improve performance at the same time. Yet the insights critical to driving successful operations and responding quickly to business demands are hidden in vast amounts of data.
We are pleased to invite you to Intelligent Asset Management Webinar on 09. May 2022, to learn how to put data and AI to work across your enterprise operations with intelligent asset management.
Join IBM thought leaders and your peers to learn how industry leaders are taking full advantage of their operations, assets and facilities data, with industry-leading automation, deep analytics, and AI.
Topics include:
- Revitalize your civil infrastructure while making it safer and cheaper tomaintain
- Pursuit of Zero D: Zero Downtime and Zero Defects
- Embracing EAM for today and tomorrow: Making smarter decisions from smarter assets
- Dynamic Spaces. Flexible Workplaces.
The work execution strategies that you apply to your maintenance and reliability strategies enhance your progress and give a defined path to your overall techniques. These techniques will align your processes to give you better management of your resources to aid your efforts at becoming more productive and reliability centered.
We're excited to have guest speaker Michael Guns, Associate Director Maintenance Strategy & Planning at the University of Delaware for Facilities, share his ideas around the flows you can develop to enhance your business processes and execution of the work, and align thoughts around your end users expectations of what your work is and determining factors for Service Level Agreements.

Associate Director, Maintenance Strategy & Planning Facilities - Buildings Maintenance & Operations
University of Delaware
What can IBM IoT (Internet of Things) do for airports:
- Improve airport performance
- Improve customer experience
- Optimize operational productivity
- Optimize asset use, costs and lifecycle
Asset Management
Capture details about the entire asset infrastructure, spare parts, performance, and work history to enable better repair vs. replace decisions and decrease reactive maintenance & unplanned downtime.
- Location/Function, work, and cost history
- Location and equipment hierarchies and networks
- Roll-up costs across systems, subsystems, service, and locations
- Asset Modeling, Spare Parts, Attributes, Meters, and Attached Documents with logical inclusion downstream
- Asset Safety Hazard elimination and LOTO capabilities
- Condition Monitoring
- Automatically generate work orders based on pre-set tolerances
Asset Management Modules
Asset Management Modules
- Condition Monitoring
- Failure Codes
- Locations
- Meters and Meter Groups
Supply Chain
Plan demand, streamline purchasing processes, ensure compliance with existing purchasing contracts.
- Manage inventory across a number of storerooms and sites for better visibility and shared part usage, decreasing stock levels and eliminating unnecessary spending.
- Inventory optimization and planning tools help stock the right level of inventory to meet demand.
- Eliminate human intervention with “lights out purchasing” of interval-based, meter-based, or event-driven requirements automating procure to pay processes.
- Eliminate costly off-contract buying by establishing approved vendors and contracts.
- Associate Service Level Agreements to contracts to monitor vendor performance.
- Comprehensive functionality to fully manage receipts, inspections, and vendor payments.
Inventory Management Modules
- Item Master, Storerooms
- Inventory, Inventory Usage
- Condition Codes
- Tools, Stocked Tools
- Service Items
Procurement Management Modules
- Desktop Requisitions
- Purchase Requisitions
- Purchase Orders
- Receiving & Shipment Receiving
- Request for Quotation
- Companies
- Company Master
Contract Management Modules
- Labor Rate Contracts
- Lease/Rental Contracts
- Payment Schedules
- Purchase Contracts
- Warranty Contracts
- Terms and Conditions
Planning and Scheduling
Prescribes lowest-cost, highest-utilization schedules for workforces, automatically.
- Resource Optimization with visibility to Assets, Location, Material, and Tools availability.
- Descriptive analytics compares the target, scheduled, and actual utilization and cost of schedules.
- Pre-configured schedule-specific rules engine accounts for skills, location, travel time, and priorities.
- Drag-and-drop team assignments accelerate schedule optimization.
- Increases work team utilization and lower travel cost.
- Increases service level and degree of regulatory compliance.
- Reduces duplicate work and decreases service delays through automatic re-optimization for emergency situations.
Planning and Scheduling Modules
- Scheduler
- Graphical Assignment