Background..
In today’s world companies are under increasing pressure to reduce costs, meet tougher performance and production targets, comply with regulatory requirements, and maximize return on assets. A new, more collaborative and integrated approach to enterprise asset management (EAM) can yield significant savings and improve the operational performance of asset investments. This new approach spans all phases of the asset life cycle – investment planning, specification, design, asset construction, operations and maintenance, and, ultimately, decommissioning and disposal. It is time to look at asset management in a more holistic and collaborative business context. EAM helps companies manage physical assets – production plants, capital equipment, vehicle fleets, and facilities complexes – over the complete asset life cycle. In conjunction with powerful reporting and analysis, the SAP solutions’ EAM capabilities enable you to reduce operating costs, better manage capital expenditure, and improve asset utilization.
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