Master data is the heartbeat of every asset-intensive organization. The data in their EAM and CMMS systems are critical in driving maintenance procedures forward and ensuring business operations run smoothly. When a company’s master data is bad, it has a direct effect on maintenance practices and can drastically slow down business operations, leading to increased downtime and of course, higher cost.
There is no easy way to fix poor EAM or CMMS data. Bad asset data will not magically fix itself after the completion of an EAM migration. If anything, the migration process becomes less efficient and you will likely struggle to optimize the performance of your new EAM system. There are several aspects of asset data management, with three critical ones being work management, knowledge management, and maintenance costs.
The key to effective and efficient work management is having a solid understanding of the maintenance procedures that need to take place, as well as any constraints that may affect the ability to complete maintenance tasks. Access to accurate asset data records allows maintenance workers to properly define and perform maintenance tasks. Having inaccurate data in your EAM or CMMS system will negatively impact your ability to not only efficiently execute maintenance tasks but also properly measure asset performance. Not having access to the right data at the right time leads to increase in wrench time, with maintenance staff spending unnecessary chunks of their day searching for information needs to complete tasks.
This leads into knowledge management because having detailed knowledge of maintenance processes, repair techniques, plant configurations, and spare part requirements are the foundation of every maintenance professional’s duties. This knowledge increases as more time is spent working for a company. Without a method to disseminate this information throughout the company and to the next set maintenance workers, a huge knowledge gap is created. This needs to be filled with an IT system that can provide accurate maintenance information in a timely manner, effectively passing down the knowledge to the next generation of maintenance professionals.
The most direct and significant impact of bad data in an EAM or CMMS system is increased maintenance costs. Examples of issues that can rapidly escalate maintenance costs include obsolete parts catalogues, missing critical spare parts, lack of preventative maintenance, and increased downtime. All of these problems lead to decreased productivity, under or over utilizing maintenance staff, or having to spend extra time locating missing parts and incomplete information.
Don’t wait to react, act now!
Having a top tier EAM or CMMS system will not fix bad data. Therefore, it is crucial for an asset-intensive organization to ensure their data is clean and accurate before performing a migration. Otherwise, the problems you were dealing with before will only get worse. NRX AssetHub provides its users with a highly efficient software for editing, analyzing, reviewing, building, and visualizing asset and maintenance data to sustain high quality and ensure optimal performance of your new EAM or CMMS system. If you would like to learn more about our solution feel free to book a demo and our team would be happy to assist you.
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