
Like trying to complete a jigsaw puzzle without seeing the pieces you have at hand, industrial manufacturing faces asset management challenges without centralized asset data. Poor asset visibility means managers face difficulty tracking asset locations, conditions, and usage. This impacts service delivery, given its negative effect on customer satisfaction, operational efficiency, and revenue.
Fragmented systems, limited data, outdated records, and organizational silos are all common information gaps in industrial manufacturing. Data silos impact decision-making due to issues like delayed responses because of the inability to access timely information, missed opportunities from a lack of transparency, and inconsistent goals through misaligned teams across an organization.
On the other hand, unified data enhances visibility for a centralized view of insights, allowing informed decision-making, optimized resource allocation, and improved collaboration, among various benefits.
Below, we examine the components of effective asset management when creating asset intelligence:
Comprehensive Inventory
Managers can access all assets and can stay updated on a catalog of information, such as location, condition, availability, and stage.
Centralized Data
When all information is stored in one location, personnel can easily access data in one place without cross-referencing different interfaces. Teams can avoid silos of information.
Predictive Maintenance
Data analytics enables managers to predict potential issues. Clear, seamless data management allows for the ability to forecast possible problems and proactively schedule maintenance accordingly.
Performance Monitoring
Organizations can continually track key performance indicators, including downtime, utilization rates, and repair history.
Scalability
When assets are managed effectively, systems grow where the business grows. Organizations can progress steadily and accommodate new technologies, features, and processes.
To effectively implement asset management systems in the field, organizations must fulfill today’s pervasive mobile access requirements, digital data collection requirements, including photo and video, and information flow optimization, including real-time updates and automated alerts and reporting. On-the-go connectivity, offline connectivity, and intuitive interfaces are integral.
No team member is left in the dark about performance when assets are managed effectively. The key metrics to track for success are operational efficiency, downtime reduction, and cost savings. This intel can enlighten organizations about the time and money they’ve spent on tasks and resources. Benchmarks of success can include increased productivity, greater financial return on investment, and met efficiency goals.
Thanks to unified, real-time asset intelligence, organizations can manufacture uptime, allowing for a less hectic, more seamless experience for personnel and customers.
Well-integrated programs like Gomocha can enable industrial manufacturers to avoid costly, fragmented processes. Get a first-hand view of what Gomocha can do for your organization.