SAP Asset Management
Filter By
Browse By
- SAP Analytics and AI
- SAP Application Development and Integration
- All SAP Application Development and Integration
- SAP ABAP
- SAP ABAP Development Tools
- SAP ABAP Test Cockpit
- SAP API Management
- SAP BAPI
- SAP Basis
- SAP BRF
- SAP Business Application Studio
- SAP CMS
- SAP Design Studio
- SAP Development Tools
- SAP DevOps
- SAP EAI
- SAP EDI
- SAP Extension Suite
- SAP Fiori
- SAP Fiori Elements
- SAP Integration Suite
- SAP Low Code Application Development
- SAP Low Code Automation
- SAP Netweaver
- SAP Release Management
- SAP UI5
- SAP Web Application Server
- SAP Web IDE
- SAP Business Process Management
- SAP Center of Excellence
- SAP CIO
- SAP Customer Experience
- SAP Data and Data Management
- All SAP Data and Data Management
- SAP BW
- SAP BW/4HANA
- SAP Crystal Reporting
- SAP Data Archiving
- SAP Data Center
- SAP Data Governance
- SAP Data Integration
- SAP Data Migration
- SAP Data Quality
- SAP Data Services
- SAP Data Strategy
- SAP Data Visualization
- SAP Data Warehouse Cloud
- SAP DMS
- SAP Document Control
- SAP EIM
- SAP ETL
- SAP ETL Tools
- SAP HANA
- SAP HANA Administration
- SAP HANA Deployment Infrastructure
- SAP HANA Studio
- SAP Master Data
- SAP Master Data Governance
- SAP MDM
- SAP Enterprise Architect
- SAP Enterprise Asset Management
- SAP ERP
- SAP Finance
- All SAP Finance
- SAP Accounting
- SAP AR AP
- SAP Asset Accounting
- SAP Billing Systems
- SAP BPC
- SAP BRIM
- SAP Cash Management
- SAP Central Finance
- SAP Controlling
- SAP COPA
- SAP Cost Center Accounting
- SAP e-invoicing
- SAP FICO
- SAP Finance Automation
- SAP Financial Closing Cockpit
- SAP Financial Consolidation
- SAP Financial Planning
- SAP FX Risk
- SAP General Ledger
- SAP Global Tax Management
- SAP Hyperion
- SAP Order to Cash
- SAP Payment Processing
- SAP Profitability Analysis
- SAP Rebate Management
- SAP S/4HANA Finance
- SAP Universal Journal
- SAP Governance Risk and Compliance
- SAP Human Capital Management
- SAP Intelligent Technologies
- SAP Platform and Technology
- All SAP Platform and Technology
- SAP Business Technology Platform
- SAP Cloud Connector
- SAP Cloud Integration Platform
- SAP Cloud Migration
- SAP Cloud Platform
- SAP Cloud Providers
- SAP Cloud Strategy
- SAP Container Platform
- SAP Digital Asset Management
- SAP Digital Integration Hub
- SAP Digital Signature
- SAP HANA Enterprise Cloud
- SAP HEC
- SAP Hyperscalers
- SAP Infrastructure
- SAP Messaging
- SAP Smart Forms
- SAP Quality and Testing
- SAP Security
- SAP Spend Management
- SAP Supply Chain Management
- All SAP Supply Chain Management
- SAP APO
- SAP Asset Management
- SAP Business Network
- SAP Digital Manufacturing Cloud
- SAP Digital Twin
- SAP EWM
- SAP IBP
- SAP Inventory Management
- SAP Label Printing
- SAP Logistics
- SAP Manufacturing
- SAP Manufacturing Automation
- SAP MES
- SAP MII
- SAP MM
- SAP MRO
- SAP MRP
- SAP Order Management
- SAP Plant Maintenance
- SAP PLM
- SAP Production Planning
- SAP S&OP
- SAP SD
- SAP SPM
- SAP Supply Chain Planning
- SAP Track and Trace
- SAP Transportation Management
- SAP System Administration
What is Enterprise Asset Management?
Enterprise asset management (EAM) focuses on managing the maintenance of an organization’s physical assets throughout their lifecycle. Technology now plays a greater and more critical role in this endeavor as asset downtime can lead to significant revenue and brand repercussions.
SAP Intelligent Asset Management
SAP offers SAP Intelligent Asset Management, a group of solutions that “enable an organization to use sensor technologies and predictive analytics to improve asset health.” The four solutions and some of their capabilities include:
What is Enterprise Asset Management?
Enterprise asset management (EAM) focuses on managing the maintenance of an organization’s physical assets throughout their lifecycle. Technology now plays a greater and more critical role in this endeavor as asset downtime can lead to significant revenue and brand repercussions.
SAP Intelligent Asset Management
SAP offers SAP Intelligent Asset Management, a group of solutions that “enable an organization to use sensor technologies and predictive analytics to improve asset health.” The four solutions and some of their capabilities include:
- SAP Asset Intelligence Network
— Collaborative EAM
— Automated equipment tracking
- SAP Predictive Asset Insights
— 360-degree view of assets
— Advanced predictive analytics
- SAP Mobile Asset Management
— Work order management
— Cloud-based deployment
- SAP Asset Strategy and Performance Management
— Asset information management
— Failure modes and effects analysis
Apply Industry 4.0 technologies for advanced enterprise asset management execution. Sources cite the increased use of artificial intelligence and machine learning in EAM applications to better automate and predict maintenance events. Through data analysis, companies can glean predictions and recommendations that provide greater insights for EAM decision making. Through the use of the cloud, companies can more accurately track their assets and assess their conditions in real time.
Consider vendor consignment for your EAM spare parts procurement strategy. Vendor consignment enables an organization to hold inventory in its warehouse without paying the vendor until it’s consumed. What are the advantages of this strategy? In the case of spare parts for physical assets, it allows for a reduction in the company’s own inventory stock while creating fewer steps in the procure-to-pay process. Read this articleto gain a full understanding of setting up vendor consignment as part of EAM for spare parts in SAP ERP Central Component (SAP ECC).
Implement a robust EAM strategy for fleet maintenance to ensure availability and reliability. For many companies, fleet management is critical for servicing customers and meeting their expectations. For example, SBB AG, the national railway company of Switzerland, required a powerful solution to optimize the maintenance of its rail fleet. The company implemented SAP’s Intelligent Asset Management solutions that enabled real-time monitoring of tracks and rail cars for a “reliability centered” approach to its maintenance process.
16 results
-
Remove Friction From Your Source-To-Pay Process
July 09, 2024
Procurement, supply chain, and finance teams across many organizations struggle with processes that span disparate ERP systems, point solutions, spreadsheets, and emails. This often forces procurement teams to deal with multiple sources of truth, limited visibility, and siloed team efforts. But with a single experience across sourcing, procurement, and finance systems, companies can transform their…
-
Mobile Maintenance at Evonik
Reading time: 1 mins
Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €15 billion and an operating profit (adjusted EBITDA) of €2.38 billion in 2021. Evonik goes far beyond chemistry to create innovative, profitable and sustainable solutions for customers.
-
Transforming Asset Management in Air Traffic Control Infrastructures
Reading time: 1 mins
DFS Deutsche Flugsicherung GmbH, the German air navigation service provider, is a state-owned company under private law with 5,600 employees as of 31 December 2021. DFS ensures the safe and punctual flow of air traffic over Germany. Around 2,200 air traffic controllers guide more than three million flights through German airspace in peak years, up…
-
-
The Differences in Permitting and Safety Lexicon by Region
Reading time: 5 mins
If you’re a global company with facilities in different countries and regions, you already know that there are different lexical differences in discussing health and safety in various places around the world.
-
- SAP Asset Management
- Premium
Maximizing the Value of Assets Across their Lifecycle with Rizing
Reading time: 3 mins
Organizations often face challenges with their SAP EAM solutions, such as poorly defined or implemented processes, ambiguous roles, lack of comprehensive training, inaccurate reports, low-quality data, and a complex user interface. These issues hinder the full realization of SAP EAM benefits and advancement into Intelligent Asset Management. Rizing enhances asset management through reliability-centered, condition-based, and…
-
- SAP Asset Management
- Premium
Closed-Loop Asset Management with SAP: Increase Uptime, Reduce Cost, and Improve Asset Performance by Learning from Work Execution
Understand how SAP has re-engineered its Intelligent Asset Management solutions to enable a closed-loop process, which directly links your maintenance strategy from asset criticality assessment with maintenance planning and work execution – and enables you to apply learnings from your work execution to improve your asset strategies. This content is for SAPinsider Monthly Subscription, SAPinsider…
-
- SAP Asset Management
- Premium
Achieving Asset Management Excellence through an Integrated Platform
Discover how using an integrated, scalable platform (with standard functions like planning and scheduling to more advanced functions like predictive analytics) can help with change management and user adoption to progress your asset management state from reactive to proactive. This content is for SAPinsider Monthly Subscription, SAPinsider Annual Subscription, and SAPinsider Premium Annual Subscription members…
-
-
- SAP Asset Management
- Premium
The APM Journey a Story of What it Takes to Move from Time Based to Condition Based Maintenance - It’s Different than you Think!
The culmination of Graham’s career, this address will leave the audience wanting more after learning the why. And with Dieter Haesslein – SAP’s head of Development: EAM, along for the ride to close out the session. This content is for SAPinsider Monthly Subscription, SAPinsider Annual Subscription, and SAPinsider Premium Annual Subscription members only.Log In Join…
-
Transforming to Intelligent Asset Management with SAP Solutions
Reading time: 3 mins
Asset-intensive industries need to deliver on driving safe operations, minimizing costs, and maximizing productivity. But to consistently achieve these objectives, organizations must adopt a more comprehensive approach to Asset Management by enhancing collaboration with suppliers, customers, and service providers for better cooperation and coordination, streamlining asset maintenance processes, shifting from cyclical to predictive and intelligence-driven…
-
Uncovering the Hidden Gems – Functionality in EAM, You don’t Know You Have from EAM 2022
SAP is continually improving their content. One of the SAP programs where improvements are identified is from the SAP Customer Influence/connect program. The thing is, does the average user know what this program has delivered? Probably not. In this presentation we will look at some of new Business Functionality delivered by this program throughout the…
Featured Insiders
-
Narasimha Prasad Bhat
Independent Consultant
-
Andy Hancock
Global Vice President Center of Excellence, SAP Digital Supply Chain
-
Jeff Smith
Loudoun Water
Become a Member
Unlimited access to thousands of resources for SAP-specific expertise that can only be found here.
Become a Partner
Access exclusive SAP insights, expert marketing strategies, and high-value services including research reports, webinars, and buyers' guides, all designed to boost your campaign ROI by up to 50% within the SAP ecosystem.
Upcoming Events
Related Vendors
Your request has been successfully sent