“If it ain’t broke, don’t fix it.” If this proverb were applied in today’s operations, every organization would be in a reactive mode of maintenance and work against the lean manufacturing concepts.
Any breakdown or downtime on the manufacturing floor, in the warehouse, in transportation, or any other business process will create missed customer commitments, failed deliveries, idle time, and
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applications with built in EAM functionalities . Nowadays most ERP applications have EAM functionality. This functionality helps integrate assets with other modules within ERP (e.g., inventory management, resource management, project management etc.). An EAM application provides an organization with specific functionalities needed for asset maintenance processes. Firstly, organizations need to understand which assets they currently possess; what preventative or scheduled maintenance is needed for the