Asset Management: Improving Efficiency, Profitability, and Sustainability

Industry 4.0, digital transformation, the Industrial Internet of Things (IIoT), smart factory, and the like, have changed forever how we view the management of our physical assets. The common thread through all of these technological advancements is improved intelligence, i.e., the ability to acquire and apply data, information, and knowledge from anywhere along the supply chain. A useful term to denote this latest phase is “Enterprise Intelligent Asset Management (EIAM).” But getting the most out of your growing investment in assets will take a lot more than increasing your spend on technology solutions. The real work lies in sticking to an EIAM strategy governing changes to processes, as well as supporting measurement, technology, people, and governance.

In this eHandbook, you will learn:

• How to help your team keep up with the latest asset management technology
• 5 ways sustainable manufacturing can give your organization a competitive advantage