Getting Started with Enterprise Asset Management (EAM)
Welcome to the Enterprise Asset Management (EAM) BPX pages, which have been created to help you with all EAM related information in one single place.
EAM comprises all systematic and coordinated activities and practices through which an organization optimally and sustainably manages its assets and asset systems, their associated performance, risks and expenditures over their life cycles for the purpose of achieving its organizational strategic plan. That's the definition according to PAS 55 which is the British Standards Institution's (BSI) Publicly Available Specification for the optimized management of physical assets.
And that is exactly what SAP is focusing on. We are working on solutions for high-performing assets linked to the End-to-End Processes in Asset Management associated with maximizing return on fixed assets (property, plant and equipment).
SAP supports organizations in efficiently managing these assets to reduce operating costs, better manage capital expenditures, and improve EHS performance and asset utilization and monetization.
With SAP, organizations can manage physical assets, such as production plants, capital equipment, vehicle fleets, and facilities, over the lifetime of the asset. Organizations can maximize the use of every available asset and ensure that all facilities and equipment operate at peak performance and efficiency.
Investment Planning and Design
Organizations can plan and simulate business growth, manage investments, enable collaborative engineering for asset specification and design, and enable collaborative project management. They can plan and simulate asset investments and analyze the attractiveness of acquiring a particular asset. They can manage capital appropriation requests and calculate the viability of an investment.
Procurement and Construction
Organizations can procure, construct, and install assets as well as manage the bidding process and select qualified suppliers and material. They can manage collaborative projects, collaborative change management, and maintain documentation for commissioning and start-up activities.
Maintenance and Operations
Organizations can manage all technical assets, including documents and equipment. They can plan and execute general maintenance as well as preventive, and predictive maintenance; manage environment, health, and safety issues; and deal with work clearance issues. Organizations can also manage mobile assets by integrating radio frequency identification (RFID) technology. SAP supports the management of maintenance, repair, and operations (MRO) parts and services procurement as well as MRO inventory. The software facilitates the management of employees and contractors, integrated asset accounting, maintenance budgeting, and analysis of asset performance.
Decommissioning and Disposal
Organizations can transfer, remarket, and dispose of assets according to regulations. They can also control the disposal of waste, including emissions, from generation to final disposal and ensure compliance with regulations for environment, health, and safety.
Asset Analytics and Performance Optimization
Organizations can develop a detailed understanding of costs by individual asset, manufacturer, production facility, and supplier. They can track standard maintenance key figures to identify areas for improvement, implement reliability-centered maintenance, and track costs over the lifetime of an asset. They can also track budgets and plan for maintenance costs.
Real Estate Management
Organizations can handle portfolio management, corporate real estate management, commercial real estate management, and facilities management. With support for the entire real estate life cycle they can develop, construct, operate, and deploy property and make costs more visible and controllable.
Organizations can handle all aspects of managing a fleet of vehicles. They can procure, lease, and allocate vehicles to employees as well as arrange for repairs and handle warranties. They can track vehicles via GPS as well as schedule and route their movements. Managers can track costs and analyze performance to ensure the efficient use of assets.