QAD Enterprise Asset Management

Manufacturing companies are searching for ways to increase production output and improve product quality while reducing cost. A manufacturing company’s most important assets are its manufacturing equipment, and the costs associated with managing and maintaining this equipment can be significant.

Enterprise Asset Management is an integrated plant operation solution that enables companies to operate plants more smoothly by keeping equipment running at the lowest cost. EAM manages assets from inception through operations and replacement.

The components of Enterprise Asset Management

The Value 

• Manage projects to come in on time and on budget, so equipment can be brought “on-line” quickly
• Reduce downtime by keeping equipment running, increasing production yield
• Improve margins with efficiently running equipment, reducing scrap and rework, lowering the cost of goods sold
• Lower costs through proactive maintenance, lowering repair costs and extending equipment life
• Optimize inventory via a well-managed MRO supply chain, decreasing inventory levels and purchasing related costs