Asset Master Data - Backbone of “Maintenance and Reliability”
Given the focus on technology and digital to bring higher efficiencies in Asset Performance Management, a robust asset master data becomes the necessity for asset rich companies.
Asset Master data is a static data residing in EAM system (SAP PM, Maximo etc.) and enables maintenance planners/engineers to evaluate, plan and schedule maintenance and reliability activities(Task/Strategies) with greater accuracy and effectiveness. This master data also works as “knowledge bank” for the young engineers/planner in the organization and help effectively manage work force transition.
In a scenario, where master data elements as bill of material, task list are not complete/accurate and planner has initiated the work order based on this incomplete information - this will reflect in longer, inefficient maintenance resulting high maintenance cost and production losses.
A strong focus on improving the quality of Asset master data can result in huge benefits for companies:
Reliability Engineering Manager at QGC
7 年This aligns with many lessons I've learned, and courses I've studied. However I think the biggest challenge to making the Asset Master Data the backbone, is the quality of data input. When employees are managed on metrics they will modify their inputs to give better metrics and it appears their performance is improving. This results in inaccurate data capture, and a the old adage goes "rubbish in, rubbish out". I would be very interested to see how you address the cultural aspects of improving the quality of data in the AMD.