Asset management is nothing without efficient supply chain operations. Whether you want to build an asset, dispose of it, service it, or repair it, your materials and logistics team must be engaged and involved throughout the process. The better both sides of the business understand each other’s needs, the better the outcome. Which is why for the second year, the SAP-Centric EAM conference is co-located with SAP-Centric Supply Chain (formerly SAP-Centric Materials & Logistics). Two events in one mean double the content, double the experts and double the networking.
The convergence of operational technology with information technology has been a hot topic for several years at SAP-Centric EAM, and as software companies like SAP move from industrial Internet of Things (IIoT) concepts to actual IIoT products and services, this creates real opportunities for asset management strategy growth, particularly around predictive maintenance.
I talked with Ralph Rio, Vice President of Research at ARC Advisory Group, about his advice for launching a predictive maintenance program. Ralph’s 40+ years’ experience with manufacturing and industrial applications at companies like General Electric, Digital Equipment Corp., Motorola, and Texas Instruments inform his research in the areas of Enterprise Asset Management (EAM) and Field Service Management (FSM), continuous improvement programs, and his work with Global Service Providers.