Back to Basics: Efficient Equipment Tag Management Systems
Asset-intensive companies use a large number of equipment tags to locate and monitor their assets. They are a means to internally organize important physical capital and are heavily relied upon by employees. Many companies struggle with implementing these identifiers effectively, largely due to lack of an efficient equipment tag management solution. The Issues There is a significant lack of...
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Shifting the Gears to Success: The Benefits of KPIs in your EAM data
Key Performance Indicators (KPIs) are a crucial tool in evaluating the progress of goals set by businesses. They provide objective evidence that aids in decision making and planning for future projects. Ranging from measuring efficiency, to quality and resource utilization, the benefits of KPIs are ubiquitous and vital across all industries. While it may seem that KPIs only serve...
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Culture eats Strategy for Breakfast
Where are you now, and where do you want to be? Plan, idealize, break down each process. Strategize. Make a business report, have it approved. But wait, all of this will be worthless if you cannot inspire your team to carry out your vision. Schedule a Meeting Perhaps you met with the management from each division and explained the...
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Accurate EAM Data and the World Cup
Today, June 14th, 2018 is the start of the 21st edition of the World Cup and I hope you’re just as excited as the HubHead team. Last time we saw a rollercoaster of events starting at the group stages, then to the host country being knocked out, all the way down to the finals. Now, where is this all going? Well,...
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Asset data from a new perspective
Excel. You may use it, you may not. It is relatively easy, convenient, and cost-effective from the start. However, as your business and assets grow you will quickly leave those benefits behind. Continuing with Excel to manage your growing business will cost you more money than investing in an effective management solution to go alongside your EAM system. Viewing...
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Big data and what to do with it.
Big data. It is not a new term but you may have heard it a lot lately. What is it, and more importantly what should you be doing with it, is our topic for today. The amount of data that is being created and stored on a global level is almost inconceivable, and it just keeps growing. That means...
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Improve your ROI when you’ve hit the wall.
You may have heard the term ‘hitting the wall’ stemming from the running community, which is the equivalent to bonking for cycling. It’s a feeling of sudden fatigue and loss of energy, usually caused by the depletion of glycogen stores in your body and it doesn’t feel good in any way shape or form. Just as if it was...
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Getting Practical on Managing Spare Parts
With better methods for managing spare parts, you can achieve savings of at least 10% in ongoing maintenance and operations. Effective spare parts management can help reduce costs while keeping operations running smoothly. But the first step in solving any problem is identifying there is one, and in order to adopt an effective method for managing spare parts, you...
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Excel? Great For Crunching Numbers!
MS Excel is a great tool for crunching numbers. But you shouldn’t be using it for asset management. Most of the time, standard spreadsheet formats are used as a way to load key data into operational EAM systems. Although standard spreadsheet formats are great at indicating what needs to be collected, they aren’t much help with data quality and integrity. They...
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Better Maintenance BOMs = Better Company
When Asset-Intensive companies need to order parts maintenance BOMs, usually maintenance workers have to track vendor maintenance documents or the spare parts list and manually figure out what is needed. There are endless possibilities but very few effective solutions that will save your company from all your maintenance troubles. However, time and money can be saved by simply building...
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