Tag Archives: Plant asset information

Advanced asset information exchange – e-commerce or plain data handover?

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

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Who owns plant asset information?

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

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