With exposure to the elements, power failures, general wear and tear, and accidents, South African businesses are hard pressed to ensure that their facilities are well-maintained, safe and aesthetically pleasing. According to Barry Diedericks, EAM Subject Matter Expert at EOH Infor Services, Infor’s Master Partner in Africa, there are four main areas where facilities management (FM) can benefit from effective Enterprise Asset Management (EAM):
- The reduction of operating expenses;
- Improved sustainability;
- Optimisation of the workforce; and
- The implementation of best practices across the enterprise.
1. Reduce operating expenses
Infor EAM gives facility owners and managers the information required to make warranted long-term capital renewal decisions. “With better insight into spending, organisations gain greater control of the costs associated with energy use, maintenance materials, labour, warranties, purchasing, and every line item associated with managing a facility,” confirms Diedericks. “This allows the business to create the optimum environment, at high standards, and with minimum wasted cost.”
With increased automation and visibility into planning, maintenance and operations management, customers enjoy a 20 to 50% reduction in:
- Maintenance overtime
- Labour costs
- Contractor costs
- Material costs
- Energy use
- Warranty cost recovery
- Purchasing costs
2. Improve sustainability
With Infor EAM, facilities managers can schedule preventive maintenance, and assign resources where they’ll do the most good. Diedericks confirms that; “This means that resources are not wasted, and unnecessary damage is not incurred. It empowers the business to improve capital asset management in ways that increase reliability, enhance predictive maintenance, ensure regulatory compliance, reduce energy usage, and support sustainability initiatives. With this effective EAM tool, organisations gain end-to-end control of emissions and carbon tracking, all while reducing energy spend.”
3. Optimise the workforce
Offering in-depth insights and facility data, Infor EAM effectively reduces overtime and contractor costs by up to 50%. “Service levels are improved through better and more strategic planning, scheduling, and managing of work. Employees are placed where they’re really needed, when they’re needed, based on real information – meaning there’s no wasted operations. With a proactive approach to FM uptime is ensured, so no time is spent waiting for machinery to work,” he adds.
4. Implement best practices across the enterprise
“With efficient, scalable technology, revenue is optimised,” concludes Diedericks. Infor EAM allows for the management of property, assets, and sustainability within an integrated framework. Included in this integration is building information modelling (BIM), business intelligence, space optimisation, social business collaboration, and mobility – all working together to ensure compliance with regulations and the implementation of best practices.
To enquire about EOH Infor Services EAM solutions, or around your implementation, CLICK HERE.