GE Fanuc Automation

Asset Management with GE Fanuc Automation

Physical assets are the cornerstone of your organization. They enable you to open your doors for business, they represent your path to greater profitability and they hold the keys to keeping one step ahead of your competitors. But for companies who poorly manage the use and maintenance of these assets, they can also represent a tremendous source of cost and liability.
Advantage offers Proficy Enterprise Asset Management (Proficy EAM) from GE Fanuc Automation. Proficy EAM is a powerful web-based Asset Management solution designed to keep your company and the equipment it relies upon running at optimal efficiency and peak profitability. Proficy EAM enables you to gain true insight into your organization's asset utilization patterns, enabling you to more efficiently leverage maintenance materials, identify and eliminate problem areas within your company's maintenance operations and dramatically reduce the expense and aggravation of unscheduled downtime events, missing equipment and other asset-related concerns. As a result, your company will be more profitable, more efficient and more effective than ever before.

Back to: Solutions Diagram Solutions Overview

Get More Information

Benefits of GE Fanuc Automation Asset Management

Technical Benefits
Web-based, ASP-Hosting Model
• Simplifies collaboration
• Access anywhere, anytime
• Reduces upfront costs and overall IT spending
• Accelerated implementation
• Reliable and secure

Streamlined purchasing and ordering
• Access to online MRO marketplace accelerates purchasing, reduces costs
• Reduced order entry errors
• Automates much of the ordering process
• Maximizes efficiency of the requisitioning and approval process

Highly configurable
• Bundled and optional modules provides custom-tailored solution with off-the-shelf simplicity
• Security levels, access levels, visualization options and more are all easy to define and configure
• Specific functionality for regulated industries built unto application
• All aspects of user experience can be defined by the administrator(s)

Diverse management modules
• Budget Manager automates budget setup and capture, monitor and control of expenditures
• Inspection Manager facilitates planning, scheduling and execution of preventative maintenance activities
• Materials Manager delivers Economic Order Quantity (EOQ) and ABC analysis to reduce unnecessary spending
• Project Manager automates the entire project management process from initiation to completion, including all cost, labor and equipment tracking and assignment
• Purchasing Manager ensures that the right parts are ordered and delivered at the right time, all while monitoring vendor performance on key criteria you define
• Work manager handles the generation and distribution of work orders to all personnel

Business Benefits
Decrease Costs
• Simple web-based architecture decreases deployment, maintenance and training costs
• Extends the life of the asset base by ensuring timely and accurate maintenance
• Robust tracking and assignment capabilities reduces redundant purchases
• Online purchasing resource streamlines ordering process and helps companies to find the best prices and most efficient purchasing model
• Reduce MRO inventory costs
• Dramatically decrease the amount of safety claims and fines due to improperly maintained equipment

Increase Revenue
• Improved asset utilization improves margin by creating more efficient manufacturing processes
• Properly maintained equipment delivers peak efficiency
• Increased uptime delivers increased productivity

Understand & Optimize Resource Utilization
• Know exactly what's happening with any piece of equipment, anytime from anywhere
• Keep your personnel resources working efficiently via remote connectivity with PDAs and other field devices
• Gain timely and more accurate data collection
• Complete data collection and analysis tools enable you to gain insight into your asset utilization
• Robust online visualization and a diverse selection of reporting tools enable you to share utilization and maintenance information with anyone via the web
• Increased uptime delivers increased productivity

Meet regulatory demands
• Comply with regulations without inflating IT expenses
• Meet security and electronic record needs of individual users