Cracking cost saving potential exist in intercompany information exchange – says ProMaint magazine (published by the Finnish Maintenance Society). Digitalization of intercompany information exchange has got its moment in time. New national development project is starting! Read, what ProMaint says about the Finnish process industry targets and urges. The article is in Finnish.
Businesses are constantly improving their internal business processes and competence. Digitalization through IoT, cloud services, e-commerce and many other new things bring up various incoherent demands to their IT systems. In this environment the challenge is to organize business processes with the external partners in a proper yet transparent way. External business processes mean intercompany information exchange that often may be multilateral. Several companies may work together each bringing its best competence to achieve a common goal. Continue reading
Plant asset information plays key role in operations and maintenance (O&M) and procurement processes that Enterprise Resource Planning (ERP), material management and maintenance management (MRO – Maintain, Repair and Overhaul) systems run. The systems became part of ordinary business life more than 20 years ago. However, the external intercompany business processes in equipment and service procurement have mainly remained untouched since then. Why? Continue reading
Majority of the plant asset information originates many different organizations and mainly outside companies such as equipment vendors, suppliers, engineering companies and service providers. What is that information, who actually owns it, who can use it and who is responsible of maintaining it? They all are important questions as that information is the core of your business. Continue reading