The NRX Blog
Common Problems with Asset Data Management
Data management is the heartbeat of every asset-intensive company. These companies spend billions of dollars on Enterprise Resource Planning, Enterprise Asset Management, and Computerized Maintenance Management systems to adhere to maintenance and reliability standards. Investing in the right tools and technology to manage your data is important but knowing how to apply those solutions to meet business demands effectively is just as important, if not more.
If You’re Still Using Spreadsheets to Build BoMs … STOP!
Spreadsheets are great for basic math, addition, subtraction, and what not. Now here is a newsflash: spreadsheets were not designed for creating or storing highly complex asset data. They also have little to no data integrity tools. Meaning that your data quality will likely be lower than what it would be in an asset management system.
Effective Asset Data Management Is Your Company’s Love Language
Data will always be the heart of any and every asset-intensive business. Having a robust data foundation will be the first building block to ensure high-quality data. An in-depth, detailed perspective of your data is essential not just for maintenance personnel but also for all departments.
How to Build a BoM and Build it Well
A significant aspect of building accurate BoMs is ensuring the spare parts data imported into the system is clean and organized. If this data is misnamed, missing specific elements, or just all around disorganized, chances are the quality of your final product will be compromised.
How Important is a Bill of Materials?
The key to effective asset and maintenance data management is accuracy. An EAM system can only do so much with poor quality data and the same applies to BoMs. BoMs can provide accurate material information in real time to ensure all parts are stocked and identifies which parts are needed to complete work orders.
Why You Need a Maintenance Bill of Materials Right NOW!
Asset-intensive companies are heavily dependent on proper spare part management to ensure seamless operations alongside cost reduction. BoMs can be extremely useful for these companies when maintaining equipment and ordering spare parts. Some of the benefits include increased accuracy with work orders, reduced downtime, decreased duplication, and much more.
Preventative Asset Data Maintenance
As discussed in our previous blog, every data migration comes with a fair amount of risks. We also mentioned some of the things that could go wrong: asset data loss, productivity loss, or an outright failure. The rising popularity of EAM and CMMS systems among...
Visualizing Your Asset and Maintenance Data
SAP EAM systems help companies better manage complex data and business processes. While several organizations may use SAP software or SAP S4Hana to manage their asset data, your maintenance process before migrating into the system will determine how well your data will work for you. Keep reading to see how NRX AssetHub fits with the SAP solution.
So Much To Do, So Little Time
An EAM migration might appear to be a lengthy and challenging process. You might be unsure about how your new system will be configured. What you should know, is much of that depends on your data migration plan and maintenance strategy.
Quality Over Quantity
Migrating from one EAM system to another is necessary for every asset-intensive company. This is a significant task and while it may seem overwhelming, there is no better opportunity to update your asset and maintenance data, eliminate duplicates, and ensure accuracy.