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Companies are always looking to see what they can improve, especially when it comes to asset-intensive companies looking to improve their asset hierarchy. Aligning your CMMS equipment hierarchy with an international standard is considered the best practice. However, many asset intensive companies usually struggle with the task of organizing asset hierarchy data and can’t seem to align according to international standards.

What do companies struggle with?

  1. Each facility has its own independent hierarchy

An area of concern with an asset hierarchy that is not aligned with international standards, is that there is no consistency across all your plants. Allowing each plant to create its own hierarchy, leads to issues and inconsistency. This makes finding similar objects at different facilities difficult, because they are all found in different places and in different parts of the hierarchy.   This is a real problem if you are trying to roll out new reliability initiatives, use iIOT for condition monitoring or leverage big data across your enterprise.

  1. No clear corporate standard

Usually, each facility is forced to build its own hierarchy because there is no set out corporate standard on how to go about organizing asset hierarchy data. There can also be a lack of detail or lack of enforcement to guarantee that the corporate rules are followed. You also cannot guarantee that the same amount of data is collected for each piece of equipment. If there is a lack of consistency across the organization, ensuring that everything is properly aligned across different facilities becomes challenging.

  1. Reliance on third party contractors

Third party contractors are often difficult to supervise and direct when they are creating asset hierarchies for you. You can’t measure the progress that they are making or visualize their work product, leading to a lack of oversight.  Third party contractors also charge by the hour and do not use productivity tools that allow you to efficiently review their deliverables and ensure conformance with your corporate standards.

How Can NRX Help with Organizing Asset Hierarchy Data?

One of the things our customers use NRX AssetHub for is to align their EAM asset hierarchy with standards such as ISO 14224, RDS-PP or KKS, to help them better collect reliability and maintenance (RM) data for equipment in all facilities during the operational life cycle of their equipment. You will see that with NRX it is easy to align the asset hierarchy with corporate guidelines based on ISO 14224 or RDS-PP or KKS, quick to identify equipment that does not comply and much more! We have proven this by helping customers to save at least 50% of the time and cost typically incurred preparing and validating data for compliance with these standards.

Learn more about how you can align your EAM Hierarchy with ISO 14224 or RDS-PP or KKS by downloading our FREE eBook here.

If you would like to learn more about how NRX AssetHub can assist your organization, contact us at 1-877-603-4679 or book a meeting today!

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