USING A WORK AND ASSET MANAGEMENT SYSTEM AS A UTILITY REENGINEERING PLATFORM TO IMPLEMENT BALANCED SCORECARDS, SKILL BASED PAY AND IMPROVE ASSET MANAGEMENT

2007 ◽  
Vol 2007 (14) ◽  
pp. 3998-4015
Author(s):  
Stephen Klepper ◽  
Saundra Thaxton
Keyword(s):  
Asset Management ◽  
Management System ◽  
Balanced Scorecards ◽  
Asset Management System

Asset Inspection Management System as a Reliable Inspection/ Monitoring Tool

2020 ◽  
Vol 78 (12) ◽  
pp. 1276-1285
Author(s):  
Shibu John A
Keyword(s):  
Asset Management ◽  
Management System ◽  
Balance Sheet ◽  
Integrity Assessment ◽  
Material Evaluation ◽  
The People ◽  
Physical Assets ◽  
Asset Management System ◽  
On Time Delivery ◽  
Capital Intensive

Enterprise asset management (EAM) systems are used by asset owners and/or operators to manage the maintenance of their physical assets. These assets, including equipment, facilities, vehicles, and infrastructure, need maintenance to sustain their operations. An EAM system provides the means to have less unplanned downtime and extended asset longevity, which offers clear business benefits that improve the profit and loss statement and balance sheet. Particularly for capital-intensive industries, like drilling and exploration, the failure of on-time delivery of critical equipment or processes is disruptive and costs nonproductive time and customer satisfaction. Organizations understand these issues and employ an appropriate asset management system to engineer their asset maintenance and management. An EAM system is needed to manage the people, assets/equipment, and processes. EAMs are used to plan, optimize, execute, and track the needed maintenance activities with associated priorities, skills, materials, tools, and information. Similarly, nondestructive testing (NDT) is used as a tool for integrity assessment of assets in drilling and exploration. The main advantage of using NDT is that the item’s intended use or serviceability is not affected. The selection of a specific technique should be based on knowledge and skills that include design, material processing, and material evaluation. Validating the purpose of this paper, we emphasize the importance of optimizing the asset utilization and serviceability to enhance overall efficiency by integrating EAM software that manages assets, the operation management system (OMS) controlling the processes, and asset inspection management systems (AIMSs).

MSDGC’s Asset Management System Implementation

2018 ◽  
Vol 2018 (10) ◽  
pp. 3938-3941
Author(s):  
Justin Bahar ◽  
Sara Ferrara
Keyword(s):  
Asset Management ◽  
Management System ◽  
System Implementation ◽  
Asset Management System
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