White Papers

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  • Don't play Russian roulette with mobile devices

    This white paper discusses the wide divide between those who fear the new mobile technology and those who embrace it and offers suggestions for avoiding the Russian roulette of security breaches.

  • Facilitating ISO 14224 with EAM software

    This white paper discusses the use of EAM or CMMS software to support the asset listing hierarchy prescribed in some of the newer ISO and related specifications for asset management.

  • How an integrated asset management system benefits the global enterprise

    Every corner of your enterprise depends on the assets that keep it running, from the back offices to the storeroom to the shop floor and in the field. Thus, there is a widespread and pervasive need for timely asset information. Some areas require small rivulets of essential knowledge, while others are swimming in virtual oceans of data.

    When asset management systems are paper-based or electronic but separate from other enterprise information systems, knowledge suffers. When interface programs connect asset management and enterprise business systems, risks and costs are incurred. The best way to assure seamless, real-time integration and global access to information is to implement a single-solution, pre-integrated ERP/EAM platform. The EAM solutions that ERP vendors offer have matured over the years and become increasingly functionally rich and competitive with best-of-breed EAM solutions. The most sophisticated have hundreds of integration points between the ERP and EAM built in.

    Paul R. Neerhof, president, Global PTM
  • Effective asset management in an uncertain economy

    This white paper describes 10 ways senior executives can more effectively manage their assets in an uncertain economy in order to not only avoid any damage, but also enjoy substantial improvements in productivity and profitability.

  • Effectively applying the total cost of ownership equation to the process automation industries

    Acronyms abound in the manufacturing industries. These common three-letter symbols are everywhere from process equations, to annual reports, to vendor product names. Many industry professionals know them by reference, but how many of these acronyms are actually well defined and understood?

    This document will decode the background behind one of the manufacturing industries' most-commonly used, yet rarely fully understood, acronyms: TCO. Otherwise known as total cost of ownership.

    TCO has been likened to other acronyms such as ROI (return on investment), TBO (total benefits of ownership), TCA (total cost of acquisition) and in some cases, TVO (total value of ownership). With all of these interpretations abounding, it's easy to see why many don't fully grasp the concept of TCO. All indications, however, point to TCO becoming a greater factor in the future of the process industries as manufacturers are constantly tasked with producing higher-quality products using fewer resources. Maximizing monetary resources will go a long way towards achieving this — which means it would behoove most companies to have as tight a grasp on the concept of TCO as possible.

    The most critical truth to realize is that a longer product lifecycle means a lower TCO that a company can expect to pay each year.

  • Make asset management software your biggest asset

    Plant Services has taken an in-depth look at just how this has been accomplished and compiled a comprehensive Special Report titled Make Asset Management Software Your Biggest Asset.

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