ASSET MANAGEMENT

Actively managing assets is essential for the efficient and sustainable operation of any organization. FMM’s key principle is to intervene with repair and maintenance activities at strategic points in order to maintain the performance of an asset and extend its life.

We believe that a good asset management strategy can deliver significant financial and performance/service improvements to an organization. It also has a positive impact at an operational level.

FMM’s proactive asset management approach provides a holistic view of the assets condition, location and when it will next be maintained or replaced which enables effective Planned Maintenance as well as reducing backlog liabilities.

FMM uses Oracle Enterprise Asset Management (Oracle eAM) for Asset Maintenance, Asset Tracking and to schedule Complex maintenance repair and overhaul. The software is easy to use and customizable to the requirements of the end user. Some of the key experiences we have achieved are:

 

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  • A single maintenance system throughout the organization
  • Better integration between stores and maintenance
  • Comprehensive asset and component history
  • Focus on preventive maintenance, driving better asset reliability
  • Better management of maintenance workload
  • Standardized asset information and maintenance procedure
  • Ability to analyze asset and maintenance department