Enterprise End-To-End Asset Management

The need for fast, secure and cost-effective modes of communication has been increasing. To gain a competitive advantage, the end-to-end feature of communication networks was developed. It enables you to carry out objectives directly to your end-user without the service of an intermediary.

Industries such as broadcast media, film and content production, cable content provision and brand imaging have been converted as end-to-end enterprises. From searching, collecting, indexing, cataloging, assembling, retrieving and producing to distributing digital text, audio and visual content, you are able to simplify the production process via shared service infrastructure.

Your digital assets are valuable. They increase your sales and enhance your marketing programs. They deserve protection. This entails constant management.

Enterprise end-to-end asset management is specifically designed to make your total asset visible and to enable you to comprehensively determine the performance and asset flow across heterogeneous networks. It is done without disrupting existing workflows. It uses media ingest, metadata creation, architectural building clocks and database and open-system computing platforms.

Inability to manage end-to-end assets might result in your end-users' dissatisfaction and put your revenues at risk. When your business application response is poor, your end-users will be frustrated.

Effective management will enable you to determine and fix the source of slow response and detect potential network outages. It will provide you reliable data to repair them, so your applications are always accessible and your operations are not interrupted.

But large, heterogeneous, multiplatform, multivendor, and complex business environments are expensive to manage. Using end-to-end asset management software can help you easily manage your assets with a few resources.

End-to-end asset management can also provide you intelligent capacity planning reports on usage patterns. This allows you to adjust your optimal network capacity to your budget.

The software operates on a host server to constantly monitor changing conditions and to provide detailed information about the host's status, performance, users, and other functional operations. It can quickly identify system problems and automatically corrects them before they reach your end-users.

Enterprise end-to-end asset management reduces your capital expenditures by lowering the cost of ownership and infrastructure. It also enhances your service quality and operational efficiency and hastens return on your investment and increases your revenue streams.

Enterprise Asset Management provides detailed information on Enterprise Asset Management, Enterprise Asset Management Software, Enterprise Asset Management Systems, Enterprise End-To-End Asset Management and more. Enterprise Asset Management is affiliated with BPM Consulting.

Why Gluttony Impacts Asset Management

Gluttony is one of the 7 Deadly Sins of asset management. It is also one of the easiest to identify because of the impact it makes on energy costs. It is also the easiest of the 7 deadly sins to fix. For maintenance managers, gluttony is when assets that require energy (electricity, water etc.) begin to consume more energy than normal. Causes of the increase in energy usage include inhibited heat transfer, leaks, corrosion, a need for lubrication as well as anything that causes the equipment to run longer or harder to achieve normal output.

Neglecting asset operating condition will not only increase the gluttony factor but it will also shorten the useful lifecycle of an asset. The asset lifecycle is shortened because the piece of equipment is running longer and under greater stress. The increased usage cause the asset to wear out faster as well as require additional maintenance and repairs. The double impact of gluttony is increased energy bills and higher maintenance and repair costs. These amounts can be significant if you consider that the energy costs for an average facility run between 20% and 60% of the total operating costs or that companies in today's downturn can ill afford an increase in labor or repairs.

As previously mentioned the fix is not difficult especially if an asset intensive organization makes use of an EAM system. Enterprise asset management (EAM) systems are designed to give maintenance management the tools necessary to manage the work order process more effectively. More effective maintenance operations spend less time fighting fires and more time performing maintenance functions such as inspections or preventive maintenance. The additional time spent inspecting and addressing problems such as pressure/water leaks, lubricating critical parts or identifying other issues will keep assets running more efficiently. Energy costs will decline as the result of early identification of problems and swift fixes.

To better understand how this works, the maintenance management functions of an EAM automate the work order process so that paper flow is reduced to a minimum. For example, with the use of handheld technology maintenance teams can submit work requests at the point of origin (problem identification). Upon management approvals, the work request is converted to a work order allowing on the spot repairs. This method is much more efficient than returning to an office to fill out paperwork and await approvals and a subsequent return trip to the work order location.

The advantages of an EAM do not stop with improved maintenance operations. One of the strongest features of an EAM is its ability to help manage the entire useful lifecycle of an asset. This is accomplished during implementation by creating a knowledge base of all asset information. The database that is created includes an asset description, location, purchase costs, designed use, expected useful life, asset condition, maintenance history and can be customized to include a multitude of asset detail.

When completed the asset information contained in the database enables management to identify MRO trends, monitor standard operating procedures or make more accurate capital projections, all by knowing where the organizations assets are, what condition they are in and what maintenance work is being performed. Gluttony no longer has to be an issue when assets are managed with an EAM system.

Stuart Smith writes about Enterprise Asset Management (EAM) and Computerized Maintenance Management Software (CMMS) Solutions for Mintek Mobile Data Solutions. Learn more about EAM/CMMS features that can help your business navigate through tough economic times.

Who Is to Blame When Asset Management Programs Fail?

It has been estimated that between 50 to 90% of all asset management system software implementations fail. Software implementations are notoriously difficult but the question that should be asked is why?

According to a recent story a county government walked away after spending $30 million dollars for an asset management software implementation after an independent consulting firm concluded that fixing the problems with the implementation was not worth the cost.

The funny thing about it was that no one wanted to take responsibility for the disaster. The county blamed the well known consulting company hired to oversee the project, the consulting company blamed the client and the software vendor took the position that they had nothing to do with it.

In actuality, they are all equally to blame. More importantly, the software vendor and 3rd party consulting company have damaged themselves as credible institutions because they failed to set adequate customer expectations. Failure to realize that the setting of customer expectations before a project begins as well as adjusting them during the course of the implementation will almost always spell doom.

Why Expectations are Important

All asset management system software implementations have multiple points of failure. In general, it is these failure points that provide the basis for the expectations that need to be set. Therefore, expectations should include but are not limited to:

1. An agreement on the scope of the project including who will be involved and what they will be accountable for (includes client, vendor and consultant). It should be noted that everyone from the decision makers to operational staff are accountable for buy-in. Without buy-in from all levels of the customers organization, the new asset management software system has very little chance of being used properly.
2. A listing of customer objectives and the vendor response to how those objective will be met.
3. How much customization is needed and what is the cost.
4. Problem escalation procedures to make sure unresponsive technical support or operational staffs do not prevent issues being addressed on a timely basis.
5. Who completes the gathering of asset detail as well as the time frame to gather. Asset detail may take months to gather properly. Will facilities staff have the time to put together the asset information or will this take way from their regular duties?
6. The amount of training to be done, who will attend, who will conduct and realistic results. Ineffective and inadequate training will result in lower system adoption rates, greater end user resistance to using the system as well as lower system utilization. Why purchase a Ferrari if you are not given the keys to operate it?
7. Setting benchmarks of success. How will the client know the system is working as promised or is on schedule before thousands if not millions are spent.
8. The management of Dragons. A Dragon is a person who is being resistant to the change that is occurring. The most common reasons for the emergence of dragons is fear. Left unchecked dragons spread negativity, decreasing buy-in and lowering the chance for successful implementation.
9. Making sure operational teams from both the client and vendor/consultant are empowered to make changes and obtain buy-in.

Defining a Successful Implementation

If the customer is unhappy with the end result, then the implementation was not a success. This may go against conventional thought that if the software system works the then the implementation was a success. But I disagree, a successful asset management implementation goes beyond the now as an unhappy customer means no referrals, bad word of mouth, very little chance they will repeat (return) as a customer or in this case, a lawsuit was brought for damages.

Successful implementations leave the customer happy with the value of what they paid for. Vendors wanting to grow should not plan to meet customer expectations, they should be planning to exceed them even if they make use of a 3rd party for the implementation. The customer is always King, exceeding customer expectations makes it a lot easier to keep customers and sell new ones.

Stuart Smith writes about Enterprise Asset Management (EAM) and Computerized Maintenance Management Software (CMMS) Solutions for Mintek Mobile Data Solutions. Learn more about EAM/CMMS features that can help your business navigate through tough economic times

Enterprise Asset Management Software

Enterprise asset management (EAM) is an organizational method that usually comes with software.

Many companies produce EAM software using a deviation in database structure. EAM software is able to work along with other operating systems. It shares data on mixed platforms -- Windows 98/NT/2000, Sun Solaris, Linux and others. It employs such databases as the Oracle, MS SQL, DB2, Informix and Sybase.

EAM software is efficient. It operates without interrupting your other users' daily activities. Your physical assets can be managed by analyzing the causes of their possible failures. Failure modes for some assets range in the thousands. By using EAM software, you can methodically examine all of these failures -- their causes and effects - and, consequently, set up preventive measures and maintenance guidelines.

This comprehensive, web-based IT asset management software performs automatic inventories of your assets and creates a dynamic audit. It instantly identifies the actual locations of your assets, even if they are distant or located in other networks of your organization.

EAM software provides you comprehensive and accurate information about the condition of your assets and sends you updates. You can quickly record and run related searches and reports regarding your assets that will help you and your agents easily pinpoint problems and speed up finding solutions.

The software also calculates the cost of improvements and rollouts. It can manage the daily operations of logistical units, allowing you to engage in freight forwarding and transport unit repairs. It also produces customized reports on usage and creates estimates on what might possibly happen, so you can anticipate needs and costs and prepare solutions to problems that may arise.

Software manufacturers also recognize the importance of system security in your organization. Database lockout, as well as encryption and control of multiple passwords, hidden or read-only file, and multi-user modes are added software features.

EAM software enables you to cut down on expenses, to boost return on your investment and to increase your productivity. It helps maximize the lifetime value of your complex assets -- from their purchase to their disposal -- and align them closely with your business strategies and objectives.

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Leaping Asset Management Hurdles

I attended ECPweb's Software and Asset Management Summit '04 at The University of Chicago to deliver a workshop on software auditing and compliance. It was a great opportunity for me to talk with other industry professionals as well as to speak with IT and asset managers tasked with implementing asset management (AM) and compliance programs.

As I reflect back on my conversations, I realize that certain hurdles to achieving AM program success are common in just about every company, regardless of size. I spoke with folks from organizations trying to manage 100,000+ IT assets, as well as with those who were trying to manage just a few hundred assets.

The problems are the same everywhere, only the scale changes. I probably said a hundred times, "You are not alone; most companies have the same problems!" To summarize the issues, I've identified the following key problem areas:

· There is inadequate senior-level visibility, involvement and commitment to the project. Ouch! Not good.

· There are no internal subject matter experts, the task is overwhelming, and there are too few external experts, road maps or models for reference. A general lack of understanding of the pertinent regulatory and compliance issues further complicates an already daunting challenge. With an estimated 10,000 regulations and laws surrounding IT, this is certainly understandable.

· Internal silos and conflicts between key departments (finance, IT, purchasing and contract management) primarily surrounding functional and reporting needs can grind a project to a complete standstill. There also may be multiple isolated pockets of asset management already in place at varying levels of maturity.

· Most IT and asset managers are unable to present appropriate business cases to support the need for enterprise-wide management of IT assets. Without a solid business case, requisite funding can be illusive!

Since these issues are universal, a closer look at how some organizations have overcome these obstacles may help to ensure success for your own IT compliance and asset management project.

In 2003 Aberdeen Group conducted a study of 252 businesses on enterprise asset management (EAM) programs. Results from the study show initiatives that realize the highest return on investments (ROI) include: involvement from senior financial executives, successful breakdown of AM silos, and provisioning to the enterprise ample and strategic AM coverage.

Great, now that and a nickel still won?t buy me a cup of coffee! So, let's break it down further. This first step to initiating an AM project is to define the goals the company hopes to achieve from the project.

A straightforward way to perk up executive ears is to align the goals of the project with the corporate mission statement and overall corporate goals. Use as much of the same language as possible in your pitch and the project goals statement. You may be laughing at this idea, but it's hard to object to a project aimed squarely at achieving goals the Board of Directors has already bought into.

If that doesn't get "C-level" buy-in, a list of cost-avoidance and risk-reduction statements can usually help. Remind management that the austere corporate performance and accountability regulations today require policies, procedures and effective tools to maintain adequate controls for financial reporting. If you need to spell it out more clearly, here are the letters: E-N-R-O-N!

The list of project goals should also include intangibles such as improved IT service levels and reduction in risk factors "often difficult to plug in to traditional ROI models. Don't give up; there are ways to illustrate soft benefits!

Use examples of historical situations to help sell the point. For example: "Last month the company was hit with the 'nasty-code' virus. It took three hours to patch and recover our most critical systems. During that three-hour window our 50 'business critical' users were unable to work (that adds up to 150 man-hours). It took three IT resources to resolve the problem." Let's assume each employee earns $50 per hour.

" That equates to $7,950 in lost salary, not to mention the business we lost due to downtime. Our IT staff still has scheduled work to perform that may require overtime to complete." Now put the icing on the cake "return to your historical, indisputable data: 'That was the fifth virus incident in five months.'"

Suddenly the intangible becomes tangible. "If this cycle continues, we will waste close to a $100K this year on reactive virus management and still will not have the tools needed to proactively manage our assets." It is always good to include cost-avoidance metrics when requesting budget approval and soliciting corporate buy-in.

Leverage the company's internal financial experts to help illustrate other examples of ROI. These areas include optimization of vendor contracts, improvements in forecasting and budgeting, and increased efficiencies for both IT and end users.

IDC reported that downtime can be reduced by 10%, and person-hours on recovery can be reduced by 22% for businesses that practice good asset management. Good AM can reduce an average help desk call by 25%. Getting staff back to work quickly and keeping them working efficiently is critical to the success of most organizations.

Consider how business processes will improve when finance, procurement, IT and asset managers can take advantage of cross-functional collaboration. Disparate pockets of incomplete, outdated and possibly inaccurate asset data undermine an organization's ability to improve asset utilization. With electronic enterprise-wide IT asset management, improvements are inevitable in the areas of: forecasting, budgeting and procurement; software license compliance; maintenance planning; and overall PC life-cycle planning. Improved asset utilization is a key component to sustained corporate growth.

Help non-technical staff understand the value they will derive from dynamic, structured and actionable information as opposed to what can be gleaned from seven thousand lines of static data in a Microsoft® Excel spreadsheet! Remember the difference between data and information? Humans can make decisions based on information; raw data is best left for computer systems to deal with!

Develop an internal team to help define the program and to shape the list of business needs and benefits. The team must include key players from each department or business group that plays a role in the life-cycle of IT assets (from cradle to grave).

The team must define appropriate processes to facilitate the company's AM strategy; don't count on an asset management tool to provide the process or you are doomed to fail. As the underlying process is defined, make sure to define roles and responsibilities for each step of the process and also for each phase of the project.

I've listed the hurdles to a successful AM or compliance program as well as advice on overcoming those obstacles. You may be thinking, "Sure, but it isn't going to be easy." Sorry, I never said it would be easy, just achievable! Don't go it alone, put the burden of success squarely on the shoulders of the project team and senior-level management.

Donna Johnson Edwards has more than 20 years' experience implementing and managing IT projects for companies including the Federal Judiciary, IBM/Lotus and Hamilton Beach Proctor-Silex, where she was the senior member of the New Enterprise Technology Team.

Her clients include Fortune 100, 500 and 1,000 companies as well as not-for-profit entities. Her background includes both the technical and the business aspects of IT projects.

Enterprise Asset Management

Asset management involves not only the management of the capital and physical assets of the company, but also the management of its back office system. This, simply put, means effective management of all processes of a set-up--manufacturing, logistics, distribution, inventory, and shipping. It is obvious that enterprise asset management deals will all processes involved within the company. It does not take into account its customers and sellers. Therefore enterprise asset management is called the back office system.

Utilizing automated software to keep a track, manage, and analyze all these processes is an answer that can manage all assets in the enterprise. Aptly called the Enterprise Asset Management software, people can get it implemented directly through software vendors or third party consulting companies.

Any business activity involves the processes of procuring assets and investing capital. Once this is done, there is the hiring of human resources who then use the infrastructure to produce goods and services. This done, there are additional activities including sales, deliveries, billing, and inventory management. All these processes can be controlled with the help of EAM. An effective implementation results in the optimum utilization of resources, cutting down on waste or unnecessary investments, thereby resulting in maximum returns.

Given the wide scope of its activities, an enterprise asset management system consists of the largest bodies of software ever written. This, in turn means that implementing such a system will take up a lot of the company's resources and time. This said, the advantages of the software are many and in due time the returns justify the cost of its implementation.

Also, given the complex nature of the software, it is better to seek professional advice both at the business and technical level. This is very important because if there is a mismatch between the software chosen and the organizational needs, adverse consequences will result. Some of the benefits of the enterprise asset management software include lower inventory costs, lower ordering costs and lower products and transportation costs.

EAM software has a vide range of application and is beneficial for service sectors like banks, hospitals as also manufacturing industries and government departments like defense.

Asset Management [http://www.i-assetmanagement.com] provides detailed information about asset management, asset management software, asset management systems, and more. Asset Management is affiliated with

Strategic Asset Management and Facility Management Software

All companies have a number of critical assets that have a direct impact on business activity and performance. Assets allow companies to compete and generate profits in an increasingly complex economic environment.

A solution that provides effective enterprise asset management, used to control and manage the development, performance and maintenance of the assets within a company, may be the most important tool to prevent operational changes and discovering hidden benefits.

Facility management software enables manufacturers, distributors and service organizations to save time and money by optimizing maintenance resources, improving equipment and staff productivity. Effective management of inventory increases income possibilities.

Improving the management of assets

Effectively managing production equipment, facilities, fleets, technology assets or any combination of them - throughout their life cycle, achieves greater efficiency in operations which raises return on investment and increases the availability of capital.

With detailed information on assets, costs, resources, operations and relates to its operation and maintenance addresses the specific needs of each sector. Facility management software's internal logic is designed to facilitate the search and introduction of information and generation of analysis.

CMMS Benefits

Most CMMS programs include basic modules for work orders, planning and scheduling, preventive maintenance, equipment history, management and procurement. These basic modules can be considered the foundation for a maintenance management system.

The CMMS is an integral tool in the quest to achieve a comprehensive strategic plan and optimal running of the plant. The successful operation of the plant is the goal that produces long-term profit and real tangible results.

Enterprise Asset Management Systems

Enterprise asset management (EAM) systems are fully integrated and customized to the requirements of businesses. An EAM system has four significant support components: software, business processes, users and operating systems.

Software is at the core of EAM systems. It can be tailored to your organization's unique data requirements and business processes. It has the capacity to operate on multiple platforms and heterogeneous operating systems. It is easy to implement and spreads quickly across your network. It works without disrupting other existing activities.

The common business processes include strategic planning, management control and operational control. The EAM systems are greatly advantageous in planning for decision-making procedures and preparing to solve potential problems.

Management of resources is the main objective of EAM, for an effective management leads to effective operations. Constant changes in processes may affect EAM systems' ability to adapt, so the systems need yearly evaluations and refurbishment.

EAM systems are useful for management and operational controls, and employees at all levels of planning, management, and operations are also users of the systems.

Implementing EAM systems may entail modifying some of your business processes and may serve as an additional workload to your employees. This may result in resistance to new systems and processes that can be managed through training and orientation.

EAM systems run on various operating systems, such as Windows 98/NT/2000, Sun Solaris, Linux, Oracle, MS SQL, DB2, Informix and Sybase. Running EAM systems require security, stability and standards.

EAM systems begin with an assessment of needs, defining expectations, planning and implementation. It ends with checking actual performance against objectives, along with necessary improvements.

The success or failure of an EAM project lies on the four components of EAM systems. These vital components have to interact with each other toward achieving a common goal -- to improve your organization's business processes.

Enterprise Asset Management provides detailed information on Enterprise Asset Management, Enterprise Asset Management Software, Enterprise Asset Management Systems, Enterprise End-To-End Asset Management and more.

GPS Asset Tracking Solutions For Enterprise Asset Management

Business owners can now use latest GPS innovations and GPS monitoring systems to help keep track of their enterprise assets. GPS (Global Positioning System) originally developed for military applications became available for civilian navigational use since the year 1995. GPS can track all types of movable assets and equipment that are worth tracking, including vehicles like cars, trucks, jeeps, etc. Valuable equipment can be tracked anywhere in the world to locate presence and track movements.

A geo-stationary satellite can easily track vehicles equipped with GPS receivers. Business owners can use self-hosted GPS asset tracking solutions or third-party hosted GPS asset tracking solutions to keep a tab on their movable assets and machinery. There is no other usage fees involved in using the GPS technology except for the cost of GPS receivers and the cost of software installation or software rental fee.

The Mining industry with mining equipment scattered across hundreds of square miles will especially immensely benefit by the deployment of GPS based asset tracking solutions. The positions of inventory can be easily tracked and monitored for mining operations. Another use for GPS enterprise asset tracking is in the shipping and delivery industry where packages earmarked for delivery need to be tracked while the truck or vehicle that carries them is in movement. Customers would be able to get a better idea of where and when their packages are at any given point in time.

Taxi/limousine services can also be able to deploy the GPS asset tracking feature in order to deter theft and personal use of vehicles by chauffeurs. GPS receivers help business owners save time, money and effort. Regardless of the size and extent of a company or business, GPS solutions can provide peace of mind, safety and security and comfort in knowing that your assets are being tracked and information is available at your finger tips wherever they are at the moment.

GPS tracking software for an enterprise can be purchased like software as a service model (SaaS) by paying periodical fee for hosted software usage to a third party. Or the full solution can be purchased and implemented in-house.

Position Logic is a solutions and GPS vehicle tracking and security tracking, stolen vehicle recovery, automatic vehicle locator, etc..

A Brief Overview of EAM Asset Management

EAM, or enterprise asset management, involves the management of an organization's physical assets, capital, as well as its back office system. This basically translates into the management of all processes of an organization including manufacturing, inventory, shipping, distribution, and logistics. Since it deals with the processes involved in the functioning of a company, it is often referred to as the back office system.

An efficient enterprise asset management solution can, for an organization, be the single most vital tool in uncovering hidden costs and preventing operational surprises. By optimizing maintenance resources, increasing inventory efficiency, and improving employee and equipment productivity, EAM enables organizations to save both time and money.

In certain cases, enterprise asset management scores over computerized maintenance management system software. Although the CMMS software significantly decreases expenses and brings up overall productivity, it might fall a little short on efficiency when it comes to large enterprises. In such cases, since the organization's size and expenses are both much larger, they become difficult to track and manage. EAM, on the other hand, is capable of taking into account a comprehensive view of all the assets in an organization, like staff, physical buildings, inventory, and equipment. EAM allows for a constant monitoring of all equipment, and a tracking of quality control, purchasing, shipping, and accounting procedures. Also, since the EAM provides a more comprehensive view of the company's assets, it becomes easier for facilities or manufacturing departments to decide where the problems actually are, where it is possible to make changes, and where costs can be reduced so as to give the production and profitability a boost.

Enterprise asset management software will be able to lower your company's production and transportation costs, inventory costs, as well as ordering costs. If you are planning to get such software, you need to give thought to a few things first. To begin with, EAM software has a wide scope of activities. As a result, it is bound to take quite a bit if time and resources before it can be implemented successfully. Also, while buying the product, you need to make sure that you purchase it from a company that is stable, will be around in the next 5 years, and offers good tech support and training.

EAM software can be particularly helpful in service sectors like hospitals, banks, government departments such as defense, as well as manufacturing industries. To get the best enterprise asset management solutions for your organization, visit facilligence.com.

The Advantages of Enterprise Asset Management Software

Many companies that depend heavily on the performance of their assets are opting for upgraded Enterprise Asset Management systems to deal with the changes in the global economy. These systems enable them to reduce the costs that have been brought on by the use of the assets. While all companies have to depend on their utilities, some organizations are more dependent. For example, institutions in the field of healthcare, IT, and manufacturing industry cannot function if all their assets do not perform properly.

These new systems provides new insights into the way in which equipment should be designed, constructed, installed, used, and the maintained so that the costs are kept to a minimum. When some equipment does not function properly, the system enables the management to decide whether they should acquire new equipment or repair the existing one. The term enterprise is used because these systems take into the account the requirements of all the departments and areas of operation of organizations.

As newer methods of managing assets are developed for the benefit of the companies that can barely function without uninterrupted function of their facilities, people are switching to Enterprise Asset Management Software because there are several advantages of doing so.

The first advantage is that complex tasks like whole life planning, life cycle costing, and preventive maintenance schedules of the assets are prepared by the software without much intervention from the employers. The employers have to merely make sure that they provide the Enterprise Asset Management Software with the required facts and figures.

This software makes life easier of the managers because the data that is presented by the program is processed. Hence, the mangers do not have to go through all the minute details and then arrive at decisions.

Most importantly, these programs provide the mangers with frameworks that they can use to determine how to adapt to changes in the production pattern of the organization. For example, if the customer base of a company expands, the compilation of the data by the software will enable the management to choose the most feasible mode of expansion to ensure that too much is not invested.

The software also eases the burden of the employees by performing the routine tasks like preparing schedules, maintaining inventory records, assigning material, and providing alerts when new material is required.

So when are you opting for Enterprise Asset Management Software?