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Enterprise Asset Management: Proactively manage your physical assets in real-time

In today’s budget-sensitive world, physical asset management has a critical impact on the bottom line. Tracking all the components of an organization’s physical assets is a huge task, but it’s essential for improving operational efficiencies and reducing costs.

Imagine what you could accomplish if you could easily monitor everything that’s happening with your organization’s physical assets?

That’s exactly what Timbergrove can help you do.

An enterprise asset management system (EAM) system developed by Timbergrove is powered by IBM’s award-winning Maximo technology platform. Timbergrove’s solutions built on Maximo provide organizations with real-time visibility into their physical assets to help them:

  • Better manage physical asset performance, risks and expenditures
  • Improve production efficiencies and manage maintenance, repair and operations (MRO) costs
  • Optimize routing and parts management to improve planned maintenance and extend asset life
  • Predict equipment performance and prevent costly downtime
  • Improve resource allocation by providing visibility into asset utilization and availability
  • Track and monitor asset performance and usage throughout its lifecycle
  • Extend the value and lifecycle of assets, improving your organization’s return on investments

Maximo Asset Management is an ideal EAM solution for enterprises that operate on an IBM platform.

Using an integration framework (a set of configurable applications), Maximo connects data across the enterprise, breaking down siloed systems and helping standardize systems and unify processes. Real-time visibility into all of a company’s physical assets – across multiple business locations – allows them to track activity such as asset location, use and performance — valuable information for improving productivity and preventing loss while lowering maintenance and service costs.

With the data collected and monitored using Maximo, businesses are able to manage assets more proactively, which helps in predicting equipment performance and preventing costly downtime. Maximo’s strengths include:

  • Asset management – Achieve the control your business needs to more efficiently track and manage asset and location data throughout the asset lifecycle.
  • Work management – Manage both planned and unplanned work activities, from initial request through completion and recording of actuals.
  • Service management – Define service offerings, establish service level agreements (SLAs), more proactively monitor service level delivery and implement escalation procedures.
  • Contract management – Gain complete support for purchase, lease, rental, warranty, labor rate, software, master, blanket and user-defined contracts.
  • Inventory management – Know the details of asset related inventory and its usage including what, when, where, how many and how valuable.
  • Procurement management – Support all the phases of enterprise-wide procurement such as direct purchasing and inventory replenishment.

Timbergrove has the experience and expertise to help you determine the benefits of using Maximo and to guide you through the design and implementation process on your way to improved asset performance, fewer business disruptions, better operational efficiencies and significant cost savings.

Step-up to real time EAM with Timbergrove + Maximo. Your partners in operational excellence.

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