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DESCRIPTION
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 not technological. The most critical reasons are strategic, people-based, and process-oriented. With the right people, strategy, and mindset, these problems can be solved. The key is to devise a complete and coherent strategy and translate that strategy into processes and technology needed to carry it out.
This presentation takes an in-depth review of the various element that must be considered for an effective implementation of the company’s Enterprise Asset Management (EAM) Program.
1. The EAM Team and the Stakeholder Management
2. Processes and Procedures
3. EAM Training Program
4. Data Management
5. Supply Chain Integration
Companies determined to create an EAM Program and effectively implement it must enlist the right set of employees that will put the program into operation and consistently monitor its results.
This deck also includes slide templates for you to use in your own business presentations.
The EAM Implementation presentation also delves into the critical role of data management, emphasizing that data is the lifeblood of any EAM solution. Poor data management can lead to inaccurate and incomplete data, incompatible integrations, and ultimately, the same inefficiencies that the new EAM program aims to eliminate. The PPT provides strategies for ensuring data quality, such as involving frontline employees and supplementing internal teams with third-party vendors specializing in data cleansing.
Supply chain integration is another key focus area. The presentation outlines the necessity of harmonizing supply chain strategies with the overall EAM program. This includes coordinating closely with supply chain executives and examining supply chain processes in tandem with EAM procedures. Proper integration can prevent delays, reduce wastage, and ensure the timely availability of critical parts, thereby maximizing the benefits of the EAM program.
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Source: Best Practices in Enterprise Asset Management PowerPoint Slides: Enterprise Asset Management (EAM) Implementation PowerPoint (PPT) Presentation, LearnPPT Consulting
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OVERVIEW
(PPT)
We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
We have served 100s of clients that range from Fortune 500 companies to tech startups to $1B+ private companies.
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