Franklin, TN – March 12th, 2021 – SwainSmith, LLC, a leading enterprise asset management (EAM) solutions company, has released the latest edition of its popular Enterprise Asset Management Library™, the industry’s most comprehensive online platform of best practice content and interactive resources, designed to help top-tier organizations implement best practices, improve asset reliability and lower MRO costs.
Today, organizations with a subscription to SwainSmith’s latest version of the EAM Library will gain instant access to the entire Library of content and resources through its online database. “Our Enterprise Asset Management Library offers the best practice content clients need to quickly take their EAM operation to the next level,” commented SwainSmith President, Tracy Smith.
Continuing, Tracy said: “The solution we’re unveiling today brings best practice content and resources to EAM and CMMS. Organizations spend millions of dollars on EAM/CMMS systems with the expectation that once implemented, asset reliability will go up and costs will come down. EAM/CMMS systems are built to make this happen, but off the shelf they struggle to do so, lacking many of the key elements that make up their own success – namely, best practices. That’s what the EAM Library delivers.”
The EAM Library provides organizations with web-based, downloadable access to a full array of content and interactive resources including industry-proven EAM/CMMS master data standards, effective and efficient business practices, and key assessment tools, MRO data governance platform, as well as 4,000+ failure-action codes across 403 equipment classes that drive rich, actionable reporting. The EAM Library is continuously updated with new codes, industry-proven practices, and performance management standards- making it the most comprehensive resource of its kind commercially available.
Using these resources, organizations can quickly establish a foundation of asset management best practices, improve EAM/CMMS performance, and generate high quality asset management information.
The first platform, Master Data Catalog™, helps organizations supercharge their EAM/CMMS system with industry proven codes, content, naming conventions, and classification systems. The platform includes over 4,000+ problem-failure-action codes, 40 discrete coding sets, noun-modifier-attribute dictionaries, and preventive maintenance (PM) checklists for over 400 equipment classes. Our Master Data Catalog™ platform helps organizations optimize EAM/CMMS reporting.
A second platform, the Asset Management Playbook™, helps organizations quickly establish documented industry-proven maintenance and MRO supply chain best practices. The Asset Management Playbook is an ISO 55000 compliant asset management SOP composed of policies, strategies, roles and responsibilities, practices, processes and procedures. Organizations utilize the Asset Management Playbook to quickly build their best practice standards.
The third platform, the Quality Data Manager™, helps organizations maintain a clean and structured MRO material master. Organizations can use this platform to manage catalog setup requests, collect data and normalize item records prior to entry in the system- creating a user experience that maximizes the data and minimizes time and resources spent on data management.
The fourth platform, the Value Map Assessment™, helps organizations measure and score their asset management operation against industry-accepted practices, processes and procedures. With this feature, users can also track and trend assessment results, and build a gap closure plan- enabling them to execute a reliable strategy for continual systems growth and improvement.
In addition, all EAM Library content is also customizable, creating a one-of-a-kind experience to fit any organization’s specific environment, branding, and asset management needs.
As organizations across the globe feel increased pressure to make their internal systems more agile and adaptable, the complexities in managing these same systems continues to rise. As a result, many more may soon be looking to resources like SwainSmith’s latest EAM Library for solutions to their most challenging asset management problems.
SwainSmith, LLC is a leading enterprise asset management (EAM) solutions provider for top tier organizations across the globe. For over 24 years, SwainSmith has established a reputation for delivering products and services around the globe to help organizations drive greater value from their EAM/CMMS software system and operation.
To learn more about SwainSmith, please visit www.swainsmith.com.