by Jessica Lu | Oct 11, 2022
It’s time to restructure your asset hierarchy to reap the benefits of your EAM/CMMS system. Unplanned downtime can result in significant revenue loss in many industries. To reduce the risk of unplanned downtime, you should record and analyze your equipment failure... by Carson McFarlane | May 26, 2022
An asset hierarchy allows companies to organize their equipment and machines stationed across various locations. It is critical for understanding how action on one machine affects other machines and establishing the parent-child relationship amongst multiple assets.... by Harkirat Ahluwalia | Nov 4, 2021
Planning is critically important in all areas of business, and especially within Asset Management. Many companies fail to plan and take part in reactive maintenance by responding to asset issues after the fact in solving their maintenance problems. Instead,...