Should You Align Your Asset Hierarchy with a Standard?

Whether you want to get the full benefits of your EAM/CMMS system or you are preparing your data for an EAM migration, you should consider optimizing your asset hierarchies. To optimize your asset hierarchy, you should align it with a standard. If your company already...

Impact of Poor Asset Data on Your EAM/CMMS Effectiveness

As you may already know, poor asset data quality is bad for business. Effective asset management depends on accurate and complete information in your EAM/CMMS systems. Suppose you can’t find the information you need on time. In that case, your business will experience...

How to Name Equipment in Your Asset Hierarchies

Having conventional and self-explanatory naming systems for your EAM/CMMS equipment should be a simple concept. Still, in many cases, a significant amount of EAM/CMMS systems are an unstructured mess of un-intuitively named assets. They have such bad-quality asset...

Benefits of Restructuring Your Asset Hierarchy

It’s time to restructure your asset hierarchy to reap the benefits of your EAM/CMMS system. Unplanned downtime can result in significant revenue loss in many industries. To reduce the risk of unplanned downtime, you should record and analyze your equipment failure...

Why is it Difficult to Improve Poor Quality Asset Hierarchies?

Companies are always looking to see what they can improve, especially when it comes to asset-intensive companies looking to improve their asset hierarchy. Aligning your CMMS equipment hierarchy with an international standard is considered the best practice. However,...

Asset Hierarchy Best Practices

An asset hierarchy allows companies to organize their equipment and machines stationed across various locations. It is critical for understanding how action on one machine affects other machines and establishing the parent-child relationship amongst multiple assets....