Asset Hierarchy Best Practices

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....

Benefits of Aligning Asset Hierarchy With ISO 14224

Before an EAM migration, cleansing all of your data is key for numerous reasons. To optimize your data before loading it into a new system, you have to make sure to optimize your asset hierarchies as well. The best way to do this is to align your asset hierarchy with...

Benefits of Standardizing Spare Parts Data

Asset-intensive companies rely heavily on effective spare parts management to reduce costs while keeping operations running smoothly. When equipment breaks down or requires routine maintenance, maintenance technicians must be able to determine which spare parts are...

Benefits of Implementing an International Standard

There are numerous factors that determine whether your asset hierarchy is structured to support efficient maintenance practices. Aligning your asset hierarchy with an international standard such as ISO 14224, RDS-PP, or KKS can help you set specific guidelines about...