Asset management
by the_admin
Also referred to as industrial and plant asset management. Asset management systems collect and manage data on the condition and availability of major plant equipment in discrete and process manufacturing plants. This enables plant operators to plan maintenance schedules more effectively (condition-based maintenance), avoiding both unnecessary equipment inspections and unexpected breakdowns, which can cause expensive interruptions in production time. Computerized asset management systems gather data in real-time to ensure maximum production uptime and throughput, with a minimum of human interaction.