by Kerushani Sivaneswaran | Apr 13, 2023
In today’s fast-paced business environment, effective asset management is critical to the success of energy companies. The ability to track and manage assets is essential to reducing downtime and increasing asset utilization, which ultimately leads to improved... by Kerushani Sivaneswaran | Apr 11, 2023
The energy industry is one of the most asset-intensive sectors, relying heavily on equipment and machinery to produce and deliver power. However, managing and maintaining these assets can be a challenging task, especially when considering the cost and complexity... by Rhiana Safieh | Sep 14, 2021
Maintenance Bills of Materials (BoMs) help companies keep track of the spare parts that are required to maintain a piece of equipment. Without maintenance BoMs in your EAM system, no parts are associated with your equipment. When building BoMs however, it is important... by Noah Trotman | Jun 19, 2018
When companies have hundreds or even thousands of physical assets, it’s important to know their operating condition and where they are located. Identifying, tracking and controlling assets with efficient equipment tags is critical to a company’s bottom line. Assets... by Sobhiyar Memon | Mar 7, 2018
MS Excel is a great tool for crunching numbers. But you shouldn’t be using it for asset management. Most of the time, standard spreadsheet formats are used as a way to load key data into operational EAM systems. Although standard spreadsheet formats are great at...