Enhancement requests are done a bit differently now due to the nature of the RFE tool and the open communications within the Community, we want the client to control the privacy of their RFE and to communicate directly with the IBM Product Management team and Community peers; as such the client must submit the Request [...]
Maximo Times
We all know the reason for any company to purchase an EAM product like Maximo. It’s because they want to be able to maintain their assets and keep them in top physical shape. You create PM programs for your assets so they staying running extended periods of time without any slow or downtime. But did [...]
Maximo Times
TEEC® Releases SpecWave® – World’s First Spec Modeling System for Engineering Projects
Philadelphia, PA (PRWEB) March 13, 2012
TEEC, The Engineering Essentials Company, today announced the release of SpecWave® 2012, the world’s first spec modeling system. A Bentley-funded company and born out of research sponsored by Fiatech, TEEC and its SpecWave technology help architectural and engineering firms speed and improve:
Master spec clean-up and ongoing management
Project spec production
Multi-purpose publishing to spec end-users
Change management to specs in the field, and
Update and re-use of lessons learned and field improvements into master specs.
Leon Gorbaty, founder and CEO of TEEC, comments, “Engineering firms tell us they want to apply more information modeling technology to specifications. In the same way that CAD brought profound benefits to design, spec modeling will lead to fewer errors and rework, on-time and on-budget delivery, and higher performing assets – on a recurring basis.”
Keith Bentley, co-founder and CTO of Bentley Systems, Inc., adds, “Bentley invested in TEEC because we felt that the critical domain of specifications was ripe for an upgrade to an information modeling rigor and that TEEC possessed the technology and people to enable spec-driven processes for the industry.”
Specifications are the instruction set for creating the engineered asset – they are typically complex and composite, come from multiple sources, must serve global teams, must be published for multiple purposes, and undergo massive change. Despite their critical nature and this demanding environment, specifications are typically housed in loosely connected or scattered documents. As a result, processes become spec-ambiguous and error prone. In turn, projects suffer avoidable errors and mistakes, missed deadlines, field retrofits and rework, and cost overruns.
Gorbaty continues, “Simply put, a spec-driven process means full awareness and compliance to the spec at every stage of the asset lifecycle. SpecWave enables a spec-driven process across the asset lifecycle — in design, procurement, verification, documentation, inspection, installation, and through to operations. And, its richer word processor-like user interface makes migration easy. ”
For engineering firms, the opportunity of a spec-driven process is immediate and strategic: specs become more reliable, people more productive, requirements more interoperable, processes higher quality, projects more agile, collaborations more fluid, enterprises more successful, and assets higher performing.
SpecWave offers a complete spec modeling system, with modules for: multi-sourced and interoperable specs, multi-purpose publishing, master library management, rules enforcement, rich editing, querying, revision management, approval administration, migration, and IT integration. It offers rich usability and functionality for all members of the spec community, including: managers of standards and master specs, architects, engineers, project managers, inspectors, constructors, purchasers, manufacturers, regulators, and IT management.
Mr. Gorbaty, also the project lead on the Fiatech “Specification Automation” standard setting project, is available for SpecWave Discovery Sessions. To schedule this 30-minute webinar and discover how SpecWave can benefit your organization, please visit SpecWave Discovery Session Registration page of our website.
Attachments
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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Find More Enterprise Asset Press Releases
Odawa Casino Resort Installs InvoTech GIMS™ RFID Uniform Tracking System
Los Angeles, CA (PRWEB) February 08, 2012
InvoTech Systems, Inc. announced the Odawa Casino Resort (OCR) upgraded its GIMS™ Uniform System inventory software with UHF-RFID technology to automate the inventory tracking and control of thousands of valuable uniforms worn by Team Members at the property. GIMS™ was initially installed at OCR in 2007 with barcode labels attached to the uniforms which were manually scanned for real-time tracking of inventory. Uniforms now have UHF-RFID tags attached that automate the inventory process. Please click here for more information on InvoTech’s hotel systems for efficient operations.
The Odawa Casino Resort, owned and operated by the Little Traverse Bay Bands of Odawa Indians, realizes the cost saving benefits provided by GIMS™ with less labor required. GIMS™ interfaces with the White Conveyors U-Pick-It System to provide 24-hour automated uniform distribution to approximately 600 Team Members.
Upgrade to RFID tracking tightens loss control; reduces costs in non-revenue producing department
“Odawa Casino Resort values the uniform product that we provide to our Team Members,” said Melissa Richards, Director of Human Resources for OCR. “Since our Wardrobe Department does not generate revenue and uniforms are often lost traveling to and from the laundry, tight inventory control is essential. The new InvoTech system is one of the tools that support our hard working Team Members who proudly represent our Enterprise.”
According to Richards, cost savings are important for many reasons, including the resort’s commitment to contribute to the growth and development of services to both the tribal community and the surrounding Northern Michigan communities.
Richards noted that her department’s loss control initiatives are a model for other property business units. InvoTech installed UHF-RFID readers near doors where uniform carts travel to and from the laundry trucks for hands-free accounting. InvoTech also placed readers over the doors of the property’s automated White Conveyors U-Pick-It System that delivers uniforms to employees. The system tracks when Team Members take delivery of their garments to maintain an accurate inventory of all uniforms.
InvoTech processes make life easier for Wardrobe Team
InvoTech Vice President Jeff Welles said, “InvoTech upgraded GIMS™ with UHF-RFID and developed efficient and effective processes that protect the casino’s uniform investment. The biggest benefit of the UHF-RFID upgrade is that it eliminates daily manual tasks and reduces the labor required to operate GIMS™ and realize its cost saving benefits. The UHF-RFID technology provides the ability to read entire carts of soiled uniforms and racks of clean uniforms at one time – automatically.”
About Odawa Casino Resort
Owned and operated by the Little Traverse Bay Bands of Odawa Indians, the $ 140 million Odawa Casino Resort in Petoskey, Michigan opened in June 2007 and features 1,300 slot machines, 29 table games, a six-table Poker Room, several restaurants, gift stores, a nightclub, and a 137 room hotel.
About InvoTech Systems
InvoTech Systems, Inc. – a Microsoft Certified Partner – is a leading provider of high quality and innovative inventory control systems for hotels, casinos, resorts, theme parks, and sports arenas. The company’s GIMS™ asset management solution and tracking systems manage uniforms, linens, and laundries. Its SAMS™ systems manage security and guest services operations. Both GIMS™ and SAMS™ provide ultimate control and accountability, streamline operations, improve quality and loss control, and reduce labor. The GIMS™ ultra high frequency, radio frequency identification (UHF-RFID) system in particular, fully automates uniform and linen tracking. This allows managers to eliminate labor from cost centers and instead put staff to work enhancing revenues. The worldwide roster of more than 500 customers includes MGM Resorts International, Ritz-Carlton Hotels, Hyatt Hotels, Starwood Hotels and Resorts, Hilton Hotels, Universal Studios, and Madison Square Garden. InvoTech Systems is rooted in a culture that emphasizes long-term client relationships, superior customer service, and on-going technology innovation and integration. For more information, please visit http://www.invotech.com.
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Attachments
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Rick over at developerWorks has posted a white paper on system performances related to TPAE products. If this is something you need, I suggest you take a peak. Related Posts:Using date ranges in BIRT reportsMaximo 7 performance best practicesMaximo 7.1 Integration Framework Configuration BasicsMaximo business object (MBO) developmentMaximo WikiPowered by Contextual Related Posts
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Starting an Asset Management System
Setting up a professional asset management system is actually quite easy.
1. Determine the scope: requirements, budget, available resources
2. Research and purchase software application
3. Acquire asset tags and optional barcode readers
4. Affix asset tags, scan and enter critical asset data
First of all, determine the scope of the system. Are assets simply being tagged with descriptive information? Name, description, location, specifications and to whom the asset is assigned are the most common fields. In such cases an in-house solution might be least expensive, leveraging existing personnel, resources and infrastructure. A web developer can configure a simple system built on a MySQL database and PHP-driven user interface, or use the more robust SQL Server and ASP.NET framework.
Any requirements beyond basic data interaction should necessitate a more professional software application. Most programs are easy to install and come with an array of existing and extra fields, categorization, automated calculations and asset history.
Consider a vehicle purchased at a certain date under specific financial terms. It is under warranty for a limited duration, is serviced regularly by named technicians and assigned to different drivers who increment the odometer daily. While in service this asset requires investment and helps generate revenue. At some point the vehicle is sold or otherwise disposed of. The life and times of this vehicle generate an extensive library of information which might be automatically compiled and utilized simply by scanning the vehicle’s asset tag at each juncture. The ultimate benefit is the asset’s optimal utility and the company’s maximum return on investment.
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The asset management software reduces a vast load of work to a series of scan and entries. Many software applications will do this job competently. A simple search will reveal numerous options ranging from cheap or free to many thousands of dollars for the core program and optional modules.
On the relatively inexpensive end, RedBeam Fixed Asset Tracking starts at 5 (single user license) with the ability to track 500 or more assets, up to 15 additional user-defined fields, perform depreciation calculations, and take periodic physical inventories. The mobile version starts at 95.
IntelliTrack DMS Fixed Asset Tracking doubles the amount of user-defined fields, includes more complex depreciation functions and a greater variety of reports. It starts at 95 but has built-in mobile and wireless support. If mobility is essential this application should be a serious consideration.
Those two are healthy specimens of basic asset tracking software programs with comparable core feature sets. For larger companies with complicated needs and accommodating budgets an enterprise asset management software solution is recommended. These are feature-rich, modular and mighty scalable.
WiseTrack starts at just over two grand, with more for optional tech support. Its features are numerous and include unlimited fields, asset history, wireless and web-based data capture, broad PDA, PDC and mobile support, extensive reporting and generated forms, and much more.
And then there’s HardCat Asset Tracking. It is quite expensive and many modules cost whopping additional amounts, but the complete suite has just about everything a large organization should ever need.
You can review a comprehensive comparison of these four software applications. Compare prices for different licenses, mobile versions and additional modules on page three, and review a detailed table of features on page four.
Once the software is nailed, deciding on and purchasing a portable data collector, barcode reader or other mobile data collection device will be largely determined by the software and remaining budget.
And finally, laying the foundation for the entire asset management program begins with purchasing and applying asset tags. The best asset tags are aluminum or polyester. They should be affixed where the scanner can easily read the bar code or a human can read the number. Once scanned, the asset manager enters the data related to the asset and the whole system comes together.
Article from articlesbase.com
Mining is one of the most capital intensive industries in the world today. Much of the costs of mining is an investment in heavy equipment which needs to be kept in optimal working condition to maximize productivity as well as ensure mining safety.
Due to the enormous costs of starting and closing a mine, most mining is dominated by large, multi-national organizations. Many of these mining organizations also operate multiple mines or exploration projects with each operation having millions of dollars in assets that require detailed asset management.
Managing mining assets from initial planning through mine closing can be handled using an EAM CMMS system because of the organization, inspection, maintenance and information management tools that an EAM CMMS provides. Seven of the more notable reasons to use an EAM CMMS system are:
“Ore mills generate large amounts of waste, called tailings. For example, 99 tons of waste are generated per ton of copper, with even higher ratios in gold mining. These tailings can be toxic. Tailings, which are usually produced as a slurry, are most commonly dumped into ponds made from naturally existing valleys. These ponds are secured by impoundments (dams or embankment dams). In 2000 it was estimated that 3,500 tailings impoundments existed, and that every year, 2 to 5 major failures and 35 minor failures occurred.”
Source: Wikipedia
The preceding list represents just the tip of the iceberg for helping mining organizations get a handle on asset and maintenance management. Other benefits include lower maintenance labor and energy costs, reduced theft opportunity and more accurate capital budget projections.
Tell us where your mining operation needs the most help. If you liked this article you may also enjoy reading:
When considering the purchase of enterprise level physical asset and maintenance management software the driving factor should be determining what type of return you will receive for your investment (ROI).This article will briefly discuss the more important ROI elements as well as how to use a ROI calculator to estimate the cash flow impact of a CMMS system.
The ROI that is calculated should be based upon a combination of savings generated from each crucial cash drain area such as maintenance, energy or documents management. Each of these areas can be significantly impacted by a properly implemented CMMS system.
Maintenance is one of the core functions of every asset intensive industry ranging from amusement parks to wastewater utilities but also includes assets managed by Federal, State and Local governments. CMMS systems are an important tool for changing reactive maintenance programs into efficient proactive work management operations.
“As a general rule, for every dollar spent on preventive maintenance, you will save at least five dollars in subsequent expenses.”
Source: Kansas State University
Good work management practices include the planning and scheduling of preventive maintenance, inspections, repairs and the flexibility to handle unscheduled maintenance as it arises. These maintenance practices can bring in between 12 and 18% in cost reductions for organizations relying on reactive maintenance.
The ROI math is (Annual maintenance costs) x (% savings)= Maintenance savings
Further expense reductions using a CMMS system can be realized by increasing the mobility of maintenance staff. Increasing mobility is employing the use of mobile handheld devices that reduce the amount of time filling out paperwork for work management tasks.
“Hospitality IT decision makers have made it clear that mobility is no longer an option but a necessity to survive in an increasingly competitive market… Motorola’s hospitality barometer indicates that the mobilization of key applications enables organizations to save or recover a daily average of 44 minutes per employee”
Source: Frank Riso, Motorola
The ROI math is (# employees) x (hourly rate) x (# of workdays per year) x (minutes saved/60)= Time saved by mobile software.
Energy use in commercial buildings often accounts for more than 25% of operating costs. In some industries, such as Hotels, it is not uncommon for a moderate size hotel to spend $ 1 million annually on utilities (gas, water and electric).
“On average, America’s 47,000 hotels spend $ 2,196 per available room each year on energy. This represents about 6 percent of all operating costs. Through a strategic approach to energy efficiency, a 10 percent reduction in energy consumption would have the same financial effect as increasing the average daily room rate (ADR) by $ 0.62 in limited-service hotels and by $ 1.35 in full-service hotels.”
Source: EnergyStar
Although each type of facility varies, HVAC is clearly one of the major opportunities where substantial energy savings can be found. Regularly scheduled cleaning or changing of filters, corrosion inspections and other preventive maintenance techniques allow HVAC equipment to operate at maximum efficiency using between 15-20% less energy.
The ROI math for a hotel is (# of rooms x energy cost per room) x (the amount of energy reduction) = HVAC energy savings
The costs of document management is one of the most overlooked expenses for organizations. Much of an organizations documents are a result of asset purchases and include items such as contacts, warranties, vendor information, blueprints and schematics.
“Companies spend $ 20 in labor to file a document, $ 120 in labor to find a misfiled document, and $ 220 in labor to reproduce a lost document.”
Source: Coopers & Lybrand
Document handling costs may include storage, copying, search and retrieval as well as distribution. For most organizations determining the amount of time spent on each of these activities is an administrative nightmare. Fortunately, there has been a lot of research already done which indicate that costs associated with document handling can be broken down as follows:
An CMMS document management tool can reduce the costs associated with asset management by allowing any document to be scanned and attached to an asset. Documents can then be retrieved or sent with a work order at the push of a button.
“U.S. managers spend an average of 4 weeks a year searching for or waiting on misfiled, mislabelled, untracked, or lost papers”
Source: AIIM, Forrester, Star Securities, US Department of Labor
The ROI math for document storage and handling is (cost of lost documents + the costs of misfiled documents)
The ROI calculations shown above are simple views and do not include many of the intangible costs associated with a true investment decision. However, when the three areas of maintenance, energy and documents are combined they do provide a good estimate of the savings potential of implementing a CMMS system.
For more information on each of the three areas we have prepared a presentation for you that looks a little deeper into maintenance, energy and documents savings potential with an CMMS.
If you liked this article you may also enjoy reading:
San Jose, CA (PRWEB) October 15, 2008
The experience of purchasing enterprise software is full of costs on the back end. Over time, the cost of purchasing a system may be smaller than the cost of updating the software to meet current business needs. Revising and updating software field names alone can cost several hundred thousand dollars over hundreds of fields that may need changing on a regular basis. Suddenly, customization becomes a significant expenditure.
Veteran technology company ASAP Systems today announced the launch of Passport, an asset- management software system designed to eliminate “cost-creep” in this segment. The SQL-based platform bar-code system is a suite of products including Passport Assets, Passport Inventory, Passport Checkout and Passport Suite that manages the entire lifecycle of inventory and assets. This powerful flexible, scalable system is designed specifically as a solution for easing tracking pains for manufacturing inventory tracking and facilities management for industries such as electronics, healthcare, construction and government.
“The number one complaint we hear from potential customers about tracking management systems on the market today is the considerable on-going cost of making changes to the software to mirror changes in their business environment,” stated Elie Jean Touma, ASAP Systems’ CEO. “We listened to what users, IT managers, manufacturing and facilities managers, CEO’s and CFO’s said would be their ideal system and developed Passport to meet those requirements. It is a perfect turnkey solution for small-medium sized departments, national organizations, and large global corporations because of its scalability and its ability to integrate with existing accounting, ERP and CRM solutions.”
CEO and CFOs have a hierarchy visibility to their data; IT managers have full control over the back end databases, security, and user setting. Key features include user defined field names, reports, labels, and dashboards as well as exports to common formats such as excel, pdf and html. The system works with all standard technologies including SQL Databases, Windows Operating Systems, and Windows Mobile 5 mobile operating systems. Product demos can be viewed at www.asapsystems.com .
About ASAP Systems
ASAP Systems is a veteran provider of next generation inventory and asset tracking software for small-medium size and global companies across a broad range of industries. ASAP System’s flagship product, Passport, allows companies of all sizes (small to large enterprises) to manage their inventory, track multiple locations, generate management report, print barcode labels and catalogs, resulting in improved control and performance. It is the industry’s only all-in-one system with inventory, asset and check-in/check out tracking capability. Over 1 million inventory items are tracked using ASAP solutions in many industries worldwide to improve the productivity and responsiveness of business operations. ASAP System’s serves several hundred clients including Kaiser Permanente, Sony, Cadbury’s, and Deloitte. For more information, visit www.asapsystems.com.
For further information, please contact:
ASAP Systems
408-227-2720
sagarwal @ asapsystems.com
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Austin, Texas (PRWEB) July 15, 2006
AgileAssets Inc., a leading provider of enterprise asset management systems, announced today that a contract was signed with the Indiana Department of Transportation (INDOT) to implement the AgileAssets® Maintenance Manager to enhance Indiana’s road network and associated assets.
INDOT joins a growing list of state agencies that want the benefits associated with cutting-edge technology and best-practices solutions at the enterprise level. The purpose of this contract is to satisfy the State’s need to update INDOT’s current Work Management System (WMS) and Roadway Asset Inventory Management Processes, while supporting INDOT’s strategic goal to, “…stimulate Indiana’s economic growth and competitiveness.”
The Indiana Department of Transportation (INDOT) is dedicated to providing the safest transportation system possible for all motorists. Employees in INDOT’s central office, seven districts, 32 subdistricts and four Toll Road maintenance units work year-round to build, engineer, maintain, operate and finance more than 11,000 miles of pavement in the state system. In addition to these U.S. routes, interstates and state roads, INDOT also plays a part in maintaining and building Indiana’s air, rail, public transit and greenway systems.
INDOT is the most recent in a series of transportation and public works agencies to enlist AgileAssets® in incorporating their new or evolving business practices into the work management program. Advancements in technology and changes in agency performance evaluations led INDOT to seek a system with greater capabilities to accomplish their goals in resource allocation and asset management. The AgileAssets® system allows for improved efficiencies and productivity through its fiscal year planning and periodic scheduling capabilities; and through the monitoring and on-going analysis of the Agency’s resource consumption and performance. In addition, the AgileAssets® system enables INDOT to become more responsive to the needs of its communities through the use of online public work requests via e-mail or the internet.
AgileAssets will be re-investing proceeds from this project into the Indiana market through the use of Indiana-based contractors Briljent Inc. and Phelco Inc., who will assist in the implementation process, end-user training, and through the establishment of AgileAssets office in the Indianapolis metropolitan are.
“We are extremely excited about the opportunity to work with the Indiana Department of Transportation and to provide a positive economic impact to the state of Indiana,” Stuart W. Hudson, President and CEO of AgileAssets Inc., said. “The new office in Indiana will enable us to better serve INDOT and the other state and local transportation agencies throughout the region.”
About AgileAssets Inc.
AgileAssets Inc., originally founded in 1975, specializes in applied engineering through the development and implementation of advanced asset information systems. Their software optimizes maintenance and capital improvement budgets and extends the life of client assets through efficient management, maintenance, and deterioration forecasting. Its focus is providing assistance to government agencies and contractors that are responsible for the effective engineering and management of valuable assets.
AgileAssets Inc. is headquartered in Austin, Texas, USA. For more information on AgileAssets Inc., visit their website at AgileAssets or contact Mr. Jason Watts, Marketing Manager, at +1 (512) 623-3218.
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