EAM (Enterprise Asset Management) according to the wording of the standard PAS 55 is the systematic and coordinated activities of the organization, aimed at optimal management of physical assets and their operation modes, risks and costs throughout the life cycle to achieve and implement the strategic plans of the organization.
EAM – a complex of organizational measures aimed at precise performance of procedures, asset management, and specialized tools to accurately follow these procedures, accumulate data about the history of the life cycle of assets and to analyze the information for making the right management decisions. The entire volume of the procedures described in the standard PAS 55 / ISO55000, and the complex basic tools of asset management presented in it systems of class EAM. EAM system — asset management solution in the framework of the EAM strategy. Its implementation is focused on reducing the cost of maintenance, repair and logistical support without compromising reliability or the operational parameters of the equipment without increasing costs.
EAM system can consistently manage the following processes:
- Maintenance and repairs;
- Logistics processes of maintenance and repairs;
- Manage inventory of spare parts for the purposes of maintenance and repairs;
- Management of finance, quality and human resources in terms of asset maintenance, repairs and logistics.