EAM Versus CMMS: What's Right for Your Company? Part One
Joe Strub and P.J. Jakovljevic - March 15, 2004

Introduction

Enterprise asset management (EAM) software and computerized maintenance management systems (CMMS) continue to grab headlines as a realistic way to reduce expenses and increase revenues. For one, maintaining an adequate level of repair and service parts inventory based on forecasted equipment usage can prevent already limited funds from being over-allocated just to achieve a false sense of security. Also, an effective preventive maintenance program can improve equipment utilization and availability, enabling production schedules to be achieved especially when an exorbitantly expensive equipment replacement is a no-option during depressed economic times. Extending into the customer base, this applies as much to standards of service as it does to product quality...