April 1999

Columns

HPIn Competitiveness: Enterprise asset management: what is it?

Over time, many acronyms have been given to the organizational function to manage equipment availability performance. More recently, a new acronym has emerged: EAM. It stands for enterprise asset mana..

Lamb, R. G., Cost Control Systems, LLC

Over time, many acronyms have been given to the organizational function to manage equipment availability performance. More recently, a new acronym has emerged: EAM. It stands for enterprise asset management. Sounds good! I especially like that word "enterprise." But what is EAM? The definitions I have seen to date have not been particularly helpful. One attempt has said that EAM is the way companies gain a competitive edge through equipment performance and associated inventory, documents, people, skills and knowledge with computer-based technologies. Others base their attempted definitions on references to systems integration. That is the goal, but what is it? Let's instead

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.

2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the HP archives per month. $399 for an annual subscription*.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,995 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Davis-Nichols at Jnette.Davis-Nichols@GulfEnergyInfo.com or +1 713.520.4426*.

*Access will be granted the next business day.

From the Archive

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}