Enterprise Asset Management

Enterprise Asset Management

Whether building and maintaining production or processing plants, or transportation and storage facilities, companies in the manufacturing industries are involved in a very capital and asset intensive business. And the current economic climate drives customers attention to asset management, as the efficiency of assets directly impacts the bottom line.

 

This Business Scenario Map shows, how the critical processes involved in investment planning, designing, building, operating, maintaining, and de-commissioning can be managed. These processes not only engage the operating company, but also a collaborative eco-system that includes contractors and suppliers.

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Value Potentials Business Benefits
Optimized asset portfolio
Up to 15%** Price reduction through online bidding

Up to 80 % reduced errors**

 

 

Up to 30 % reduced design cycle times**

Improved project efficiencies through collaborative engineering and project management
Reduced operational expenditure (OPEX)
Up to 10 %** Reduced maintenance costs
Up to 30 minutes/day** Improved efficiency of a maintenance technician using mobile devices
Contractor
Operator
Supplier
Create bid
Clarify and refine technical bid
Submit comercial and technical bid
Collaborate during project execution
Hand over project to operations
Perform maintenance activities
Carry out services
Perform business and investment planning
Define capital project (Scope and timelines)
Obtain project approval
Initiate RFQ (Request For Quotation)
Analyse bids and award contract
Collaborate during project execution
Start up asset
Clarify and refine technical bid
Procure MRO materials and services
Define decomissioning project
Operate asset safely and analyse asset performance
Analyse and optimize asset portfolio
Create bid
Clarify and refine technical bid
Submit commercial and technical bid for equipment
Collaborate during project execution
Hand over equipment to operations
Supply MRO materials
.
Source:

*Aberdeen Group

**SAP Customer

The value potentials shown in this table have been reported by selected SAP customers or independent third parties as referenced herein. However, there is no guarantee that such value potentials can be realized in any particular customer-specific business processes, and SAP does not make any representations and disclaims any liability as to the appropriateness of the referenced value potentials for any specific customer situation.
©SAP AG 2008
Business Benefits Value Potentials
Reduced capital expenditure (CAPEX)
Reduced sourcing cycle times through online bidding Up to 50 %*
Improved asset utilization
Reduced prices for MRO materials and services Up to 25 %**
Reduced procurement transaction costs Up to 40%**
 

Enterprise Asset Management

SAP Enterprise Asset Management (EAM) addresses the key life cycle processes associated with each process segment and focuses on the related business issues of concern throughout the collaborative eco-system. SAP EAM aligns to address these business issues, resulting in better managed capital expenditures, reduced operating costs, and improved asset utilization. The capabilities for collaboration with equipment suppliers, engineering contractors and other service providers ad opportunities for an increased Return on Assets.

 

SAP Enterprise Asset Management is an integrated solution package consisting of several SAP Business Suite components:

  1. SAP Financials Strategic Enterprise Management for business and investment planning
  2. SAP PLM cFolders for collaborative engineering during project definition, bid clarification and project execution
  3. SAP SRM Bidding Engine for strategic sourcing (RFQ - Request for Quotation)
  4. SAP PLM cProjects for cross-company project management during project execution
  5. SAP PLM EH&S to ensure a safe working environment · SAP PLM Asset Life-Cycle Management for integrated maintenance planning and execution processes
  6. SAP SRM Enterprise Buyer Professional and SAP SRM Supplier Self-Service for procurement of MRO materials and services
  7. SAP Financials Strategic Enterprise Management for asset performance analysis
  8. SAP Human Resources for workforce management and optimization for workforce management and optimization