Enterprise Asset Management (EAM) can bring significant benefits to our company. It can translate to cost savings, operational efficiency, increased asset reliability, longer asset life, and increased safety. Implementing EAM however is a highly complex endeavor. There are many reasons why EAM can fail to produce the hoped-for benefits. Surprisingly, the most critical reasons are […]
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Enterprise Asset Management (EAM) Strategy: The Road to Managing Huge Investments in Assets
Companies in asset-intensive industries have long sought to manage huge investments in assets more effectively. Yet, after a significant investment of time and money in formal asset management programs, this often falls short of delivering the promised benefits of more reliable assets, lower costs, and improved safety. Too often, executives are not sure why the […]
