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Enterprise Asset Management

A modest EAM system definition can be found in its name: enterprise asset management software includes the term asset management. Its focus is generally on preserving assets for their full lifecycle and maximizing their potential for enterprise use. It is generally considered to be a subset of CMMS that offers a greater specificity of asset targeting features. It can do what a CMMS does and then some.

Here’s an instance: historically, EAM systems would offer an asset lifecycle management module. All assets have a set lifespan, and to effectively manage assets, it is key to be aware of where that asset is in its lifecycle. This helps determine if that asset is providing value to your business. Asset lifecycle management functionality helps users plan for updates, substitutions and other changes that might cause serious setbacks if they happen by surprise.

Asset lifecycle management used to be strictly an EAM feature, but as CMMS has gotten more advanced and diverse, it is now often offered by both types of systems.

Computerized Maintenance Management System

Computerized maintenance management software includes the word maintenance, and that’s its major focus. CMMS helps reorganize and automate maintenance tasks, providing communications for maintenance-related activities.

CMMS is all about communication and coordination. Its core goals are to automate maintenance scheduling, streamline inventory, manage work orders and maintain databases on asset information. For instance, a core feature of CMMS systems is work order management. Work order management programs provide a digital format to replace paper-based work orders and functions as a major support tenet of your maintenance database. While an EAM system may have work order management features, it is a must-have for CMMS.

What is Reliability Centered Maintenance? 

Reliability centered maintenance (RCM) is a corporate-level maintenance strategy that is implemented to optimize the maintenance program of a company or facility. The result of an RCM program is the implementation of a specific maintenance strategy on each of the assets of the facility. The maintenance strategies are optimized so that the productivity of the plant is maintained using cost-effective maintenance practices.

1. There are four principles that are critical for a reliability centered maintenance program.
2. The primary objective is to preserve system function
3. Identify failure modes that can affect the system function
4. Prioritize the failure modes

Select applicable and effective tasks to control the failure modes

An effective reliability centered maintenance implementation examines the facility as a series of functional systems, each of which has inputs and outputs contributing to the success of the facility. It is the reliability, rather than the functionality, of these systems that are considered.

Reliability-centered maintenance identifies the functions of the company that are most critical and then seeks to optimize their maintenance strategies to minimize system failures to ultimately increase equipment reliability and availability. The most critical assets are those that are likely to fail often or have large consequences of failure. With this maintenance strategy, possible failure modes and their consequences are identified; all while the function of the equipment is considered. Cost-effective maintenance techniques that minimize the possibility of failure can then be determined. The most effective techniques are then adopted to improve the reliability of the facility.

Public sources: SelectHub and fiixsoftware

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Operational Excellence is a philosophy of the workplace where problem-solving, teamwork, and leadership results in the ongoing improvement in an organization. The process involves focusing on the customers' needs, keeping the employees positive and empowered, and continually improving the current activities in the workplace.