The disciplines of enterprise asset management (EAM) and supply chain management may sometimes feel like the “unloved” portion of an organization. In fact, ASUG found in a 2018 research study we conducted that only 1 company in 4 believes it has a very efficient or somewhat efficient supply chain. And in another study from 2019, we learned that only 22% of companies self-identified as supply chain industry leaders.Continue reading
The rise of Industry 4.0 is transforming the way we do business. At its core, Industry 4.0 is focused on automation and data management across manufacturing technologies and processes leveraging artificial intelligence (AI), cyber-physical systems (CPS), the Internet of Things (IoT), and more. Advancements in technologies like AI, machine learning, automation, and the IoT are changing entire business operations, making companies more efficient, agile, and collaborative than ever before. Two such areas that have been tremendously impacted by these developments are enterprise asset management (EAM) and supply chain management.
With all of this transformation happening, it is difficult to know where to turn online for reliable and relevant information. To help, we have compiled top articles and podcasts that discuss the most recent innovations and pressures specific to the areas of supply chain management and EAM, highlighting the latest developments in EAM and supply chain to support the evolution of your business.
Union Pacific operates the second-largest railway system in the U.S., managing tracks across nearly half of the states in the union through remote and rugged states like Utah, Nevada, and Idaho. Key to keeping the trains moving is this elegant solution: mobile warehouses roughly the size of a semitrailer that can follow the heavy machines it uses to repair its track infrastructure.
The provider of electric and gas services across the Pacific Northwest had SAP ERP systems in place since 1998. But its warehouses were still using paper-based processes that its employees had been following for more than 20 years. The company’s technology team recognized this approach would no longer align with the current or future needs of the business. That included being able to batch manage materials that were regulated by the Pipeline and Hazardous Materials Safety Administration (PHMSA), for example.