What is EAM?
As the acronym implies, EAM is used to manage assets in a company, which can be a module in an enterprise resource planning (ERP) solution or a standalone product. EAM is also known as computerized maintenance management system (CMMS), or computerized maintenance management information system (CIMMS), and it is a software package used to plan, control, and monitor assets from
and asset lifecycle management (PALM). What Does EAM Do? In a nutshell, EAM should handle maintenance management, work order management, preventive maintenance, calibration management, asset purchasing and inventory management, risk management, inspections, etc. Some vendors offer financial or human resources (HR) functionality and the integration with other business software types (ERP, PLM, etc.) is very important. In a future blog post I will describe the functionality an EAM product should provide