Preventive Maintenance in the Automotive Industry Guide
As technology advances, the automotive industry is challenged to grow and adapt to these changes. Specifically, networks of sensors, instruments, cameras, and fault detection systems require proactive maintenance, along with a vehicle's internal mechanics. A preventive maintenance approach can be a reliable solution to enhance vehicle performance and reduce unexpected downtime. In this guide, we’ll discuss the importance of preventive maintenance in the automotive industry, best practices, and the benefits of using an advanced computerized maintenance management system (CMMS) like LLumin’s CMMS+ to help support your maintenance program and streamline maintenance processes. What is Preventive Maintenance? Preventive maintenance (PM) is...
Best Enterprise Asset Management Software: 2024 Guide
Choosing the right Enterprise Asset Management (EAM) solution will be pivotal in managing assets in many industries, from manufacturing and energy to healthcare and hospitality. The ideal EAM solution should enhance operational oversight, control, and efficiency in several ways: Visibility and Control: An effective EAM system will provide organization-wide oversight to company stakeholders, enabling management of assets across all departments. Streamlines Resource Allocation: EAM solutions integrate various systems to minimize supply chain inefficiencies, ensuring the timely availability of necessary supplies, labor, and resources. Maintenance Management: An effective EAM solution can instantly notify maintenance teams of unusual equipment failure patterns, allowing...
4 EAM Trends to Watch in 2024
As we complete another year and head into 2024, it’s important to recognize that Enterprise Asset Management (EAM) is rapidly evolving, driven by technological advances and fast-changing business models. Staying ahead of these trends will be important for organizations that need to retire old paper-based processes and siloed asset management systems. This article will discuss the top EAM trends to watch in the coming year. We will highlight how these cutting-edge trends align with LLumin’s Computerized Maintenance Management System (CMMS+). We will also explain why LLumin's CMMS+ can improve and optimize your EAM practices. The Top 4 EAM Trends to...
EAM Implementation: Key Steps & Best Practices
In today's complex business landscape, effective asset management is critical for organizations, particularly those that rely on critical assets and infrastructure. Enterprise Asset Management (EAM) software has emerged as a vital solution, enabling businesses to optimize asset management processes and improve operational efficiency. Computerized Maintenance Management Systems (CMMS) software also plays an important role in asset management. LLumin's CMMS+, for example, provides robust functionality that aligns with EAM objectives. CMMS+ provides significant benefits, whether used as a standalone EAM solution or in conjunction and integrated with existing business or industrial automation systems. This article will explore EAM implementation and best...
Top Enterprise Asset Management Best Practices
Enterprise asset management (EAM) is a systematic way of maximizing the return on investment (ROI) from assets, machinery, and heavy equipment. It can help organizations track and manage physical assets and plan maintenance and repair more effectively. Without EAM, heavy assets can become a major source of liability and financial loss for a company. Today we will provide a brief overview of EAM and how it supports managing heavy assets and extending asset lifecycle. Then we will discuss the top enterprise asset management best practices that asset-heavy firms can use to efficiently maximize their return on assets (ROA) before showcasing...
CMMS vs. EAM: What’s the Difference?
The difference between computerized maintenance management systems (CMMS) software and enterprise asset management (EAM) software can sometimes be difficult to parse, as there is a significant overlap between the two. The main difference is in scope and functionality—CMMS is focused on maintenance operations, while EAM covers a broader range of asset management activities, including procurement, disposal, and financial management. This article will explore the differences and overlaps between these two software solutions to help you narrow down the best options for your organization. What Is CMMS? A Computerized Maintenance Management System (CMMS) is a specialized software solution that assists businesses...
What Is EAM (Enterprise Asset Management)?
What is EAM? Enterprise Asset Management (EAM) provides a comprehensive overview of an organization's physical assets and infrastructure across their entire lifecycle. EAM software makes this process possible. Organizations can track the lifecycle of their assets, and all associated work orders, maintenance, repair, and operations (MRO) materials management, labor management, and automated reporting by utilizing a powerful EAM platform. For those asking “what is EAM,” we will cover the most significant advantages organizations can gain from implementing EAM (or upgrading their current EAM system to a more modern one). We'll also discuss LLumin's CMMS+, which can assist a company in...