The benefits and return on investment of an Enterprise Asset Management implementation correspond with the appropriateness of the EAM software package selected, how effectively it is implemented and the extent to which all personnel concerned with implementation are committed and involved. In order to facilitate the best outcomes for an organization, it needs to:
1: Carefully and accurately define its requirements and expectations of asset management software
Because the selection of a suitable software package is fundamental to the success or otherwise of an EAM implementation, it is crucial that the clear definition of requirements and expectations serve as a starting point for this.
2: Compare, contrast and analyze the alternatives
So that an organization can choose a suitable asset management software package, resources (including time) need to be invested in understanding and carefully evaluating the alternatives. It is worthwhile working with a specialist or professional to gain insight into the type of package that can be scaled to best suit the needs and requirements of your organization.
3: Prepare asset data to be utilized
In order for an EAM system to enhance the operations and processes of your organization, the data that is used by the software needs to be accurate, well organized and accessible. Time and effort need to be invested in the preparation of your data in advance of implementation taking place.
4: Installation and testing of the required software and hardware
Prior to your EAM ‘going live’, there is great value in installing and testing the relevant software required. Through these processes, there is an opportunity for glitches and more significant problems to be identified and strategies employed to address them.
5: Enter asset data into the new system
Following the step of installation and testing, asset data can then be entered into the system, readying it for actual use within the context of your business.
6: EAM staff training
If an Enterprise Asset Management system is to be effective and fully utilized to the best advantage, it is crucial that staff and key personnel receive comprehensive training and support. This is one of the most important areas of investment and the area that most directly corresponds with whether or not an EAM will be successfully implemented within your organization. When staff are well trained and confident in their use of a new system, it is used to a greater capacity and ultimately, delivers greater benefits to an organization.
Having decided to invest in an EAM, all organizations will desire the use of this integral software to benefit their business. The aforementioned steps will help to facilitate successful implementation and maximize the advantages for organizations.
