Enterprise Asset Management (EAM) Strategy (PowerPoint PPT)

DESCRIPTION

Companies in asset-intensive industries have long sought to manage huge investments in assets more effectively. Yet, after significant investment of time and money in formal Asset Management programs, this often fall short of delivering the promised benefits of more reliable assets, lower costs, and improved safety. Too often, executives are not sure why the benefits have not materialized.

Companies often concentrate its efforts on technology upgrading without addressing underlying problems. The latest technology solution will never enable companies to manage assets effectively. A successful EAM Program must begin with the right strategy for managing assets and then focus on the people, processes, and technology to carry it out.

This frameworks provides a defining perspective and exploration of Enterprise Asset Management (EAM) and the 3 core components of a successful EAM Program.

1. Asset Management
2. Maintenance Management
3. Workforce Planning

A well-structured EAM Program incorporates these 3 disciplines that are tightly integrated. However, companies often fail in the implementation due to failure to develop an effective EAM strategy.

This deck also includes slide templates for you to use in your own business presentations.

This PPT provides a comprehensive overview of the critical components necessary for a successful Enterprise Asset Management (EAM) strategy. It emphasizes the importance of integrating asset management, maintenance management, and workforce planning to achieve optimal asset performance and cost efficiency. The framework also highlights the need for a robust Target Operating Model (TOM) to address key aspects of the EAM program, ensuring alignment with organizational goals and regulatory requirements.

The EAM strategy outlined in this document is designed to help organizations navigate the complexities of asset management, from technology implementation to stakeholder engagement. It includes practical templates and tools to support the development and execution of an effective EAM program. This resource is essential for executives looking to enhance their asset management capabilities and drive long-term value from their investments.

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Source: Best Practices in Enterprise Asset Management PowerPoint Slides: Enterprise Asset Management (EAM) Strategy PowerPoint (PPT) Presentation, LearnPPT Consulting