Oracle Enterprise Asset Management (EAM) module - An Introduction
What are aims, objects and benefits of Oracle Enterprise Asset Management (EAM) module ?
1) An asset is an entity for which users can report problems. Assets can be cooling towers, cranes, buses, buildings, conveyors, or anything that needs work.
2) EAM creates and implements maintenance procedures for both assets and rebuild-able Inventory items and takes care of comprehensive and routine maintenance requirements of asset intensive organizations. It effectively maintains assets such as vehicles, cranes and HVAC systems and rotable Inventory items such as motors and engines.
3) EAM enables users to optimally plan and schedule maintenance operations /activities with minimal disruptions to an organization’s operations and productions. It measures performance and optimizes maintenance operations. It tracks the performance of the assets and rebuild able inventory items by using meters, quality plans and conditioning systems.
4) By effectively monitoring operational data such as maintenance history, performance trends, meter readings, and operating conditions, organizations can proactively manage available resources such as inventory, equipment and skilled personnel to match them to asset maintenance demand.
5) Optimization of asset utilization, scheduling and resources improves resource efficiency and enhances maintenance quality, maximizes resource availability including equipment and labor. Maintenance costs and work history are tracked at asset level.
6) Oracle EAM enables organizations to create and implement optimal and effective asset management strategies that can increase revenue and decrease costs. Both Preventive and Predictive Maintenance strategies are supported by EAM. It allows you to create alternate maintenance strategies for seasonal or production capacity changes. It supports sophisticated, condition-based maintenance strategies for property, plants and public infrastructure, improves operation performance, and with preventive and scheduled maintenance, increases safety, optimizes Scheduling and resource efficiency.
7) It eliminates the need for spreadsheets and disparate data repositories, by enabling companies to manage reactive, planned, preventive maintenance, and adopt a centralized, proactive strategy for managing asset maintenance across an enterprise.
8) Oracle EAM's single-instance design ensures best practices and quality compliance globally, eliminates excess and obsolete spare parts inventories, promotes environmental, health and safety policies, smooths coordination of production and maintenance schedules and improves both the responsiveness and accuracy of contracted maintenance.
9) It bridges the gap between ERP/MRP solutions and Asset Maintenance for industries that rely heavily on Asset Maintenance Systems.
10) It is a linchpin of the integrated workplace incorporating visual navigation for space planning and allocation, multi-channel service request processing, building systems maintenance and technology asset tracking.
11) EAM improves return on capital assets by integrating physical with financial aspects and supporting deep collaboration between project life cycle and service life cycle operations.
12) It integrates seamlessly with other modules of E-Business suite and is suitable for Metals/Mining, Manufacturing, Pulp/ Paper, Petrochemicals, Facilities and Education and many more assets.
1) An asset is an entity for which users can report problems. Assets can be cooling towers, cranes, buses, buildings, conveyors, or anything that needs work.
2) EAM creates and implements maintenance procedures for both assets and rebuild-able Inventory items and takes care of comprehensive and routine maintenance requirements of asset intensive organizations. It effectively maintains assets such as vehicles, cranes and HVAC systems and rotable Inventory items such as motors and engines.
3) EAM enables users to optimally plan and schedule maintenance operations /activities with minimal disruptions to an organization’s operations and productions. It measures performance and optimizes maintenance operations. It tracks the performance of the assets and rebuild able inventory items by using meters, quality plans and conditioning systems.
4) By effectively monitoring operational data such as maintenance history, performance trends, meter readings, and operating conditions, organizations can proactively manage available resources such as inventory, equipment and skilled personnel to match them to asset maintenance demand.
5) Optimization of asset utilization, scheduling and resources improves resource efficiency and enhances maintenance quality, maximizes resource availability including equipment and labor. Maintenance costs and work history are tracked at asset level.
6) Oracle EAM enables organizations to create and implement optimal and effective asset management strategies that can increase revenue and decrease costs. Both Preventive and Predictive Maintenance strategies are supported by EAM. It allows you to create alternate maintenance strategies for seasonal or production capacity changes. It supports sophisticated, condition-based maintenance strategies for property, plants and public infrastructure, improves operation performance, and with preventive and scheduled maintenance, increases safety, optimizes Scheduling and resource efficiency.
7) It eliminates the need for spreadsheets and disparate data repositories, by enabling companies to manage reactive, planned, preventive maintenance, and adopt a centralized, proactive strategy for managing asset maintenance across an enterprise.
8) Oracle EAM's single-instance design ensures best practices and quality compliance globally, eliminates excess and obsolete spare parts inventories, promotes environmental, health and safety policies, smooths coordination of production and maintenance schedules and improves both the responsiveness and accuracy of contracted maintenance.
9) It bridges the gap between ERP/MRP solutions and Asset Maintenance for industries that rely heavily on Asset Maintenance Systems.
10) It is a linchpin of the integrated workplace incorporating visual navigation for space planning and allocation, multi-channel service request processing, building systems maintenance and technology asset tracking.
11) EAM improves return on capital assets by integrating physical with financial aspects and supporting deep collaboration between project life cycle and service life cycle operations.
12) It integrates seamlessly with other modules of E-Business suite and is suitable for Metals/Mining, Manufacturing, Pulp/ Paper, Petrochemicals, Facilities and Education and many more assets.
Mandatory and Optional Oracle Applications modules for Oracle EAM
To work with EAM, which are the Mandatory and Optional Oracle Applications modules/products?
Mandatory modules are
a) Inventory
b) Bills of Material
c) Cost Management
d) Work in Process
e) Manufacturing Scheduling
f) Quality
g) Human Resource
Mandatory modules are
a) Inventory
b) Bills of Material
c) Cost Management
d) Work in Process
e) Manufacturing Scheduling
f) Quality
g) Human Resource
Which are pre-requisites for installing EAM module ?
Which are pre-requisites for installing EAM module ?
a) Configuring Concurrent Managers and Printers
b) Set up Responsibilities and assigning responsibilities as per requirements
c) Setting up Workflow module if work request(s) require approval from a maintenance department user
a) Configuring Concurrent Managers and Printers
b) Set up Responsibilities and assigning responsibilities as per requirements
c) Setting up Workflow module if work request(s) require approval from a maintenance department user
Which responsibilities are automatically created during installation process of EAM ?
Which responsibilities are automatically created during installation process of EAM ?
When installing Oracle Enterprise Asset Management, the installation process automatically creates the following five responsibilities:
a) Oracle Enterprise Asset Management
b) Maintenance User Workbench
c) Maintenance Super User
d) Self-Service Work Requests
e) Self Service Time and Expenses
The 'Oracle Enterprise Asset Management' responsibility mentioned above is a super user responsibility. It includes the necessary functions to set up and implement Oracle Enterprise Asset Management.
When installing Oracle Enterprise Asset Management, the installation process automatically creates the following five responsibilities:
a) Oracle Enterprise Asset Management
b) Maintenance User Workbench
c) Maintenance Super User
d) Self-Service Work Requests
e) Self Service Time and Expenses
The 'Oracle Enterprise Asset Management' responsibility mentioned above is a super user responsibility. It includes the necessary functions to set up and implement Oracle Enterprise Asset Management.
Implementation steps for Oracle EAM module
List all the implementation steps for Oracle EAM module ?
1) Setting Up Organizations
2) Enabling Organizations for Enterprise Asset Management
3) Defining eAM Parameters
4) Setting Up Areas
5) Defining Departments and Resources
6) Defining Department Approvers
7) Defining Miscellaneous Documents
8) Defining Lookups including
- Activity Types
- Activity Causes
- Activity Sources
- Asset Activity Priorities
- Cost Category Codes
- Criticality Codes
- Asset Import Scope Codes
- Asset Import Statuses
- Contact Preferences
- Work Request Statuses
- Work Request Types
- Work Order and Work Request Priority Codes
- Work Order Reconciliation Codes
- Work Order Types
9) Setting Up Category Codes
10) Defining Asset Groups
11) Defining Activities
12) Activity Association Templates
13) Setting Up Attribute Groups
14) Defining Asset Documents
15) Defining Asset Numbers
16) Defining Asset Routes
17) Setting Up Asset Bills of Material
18) Defining Activities
19) Navigating the Activity Workbench
20) Defining Maintenance Routes
21) Setting Up Maintenance Bills of Material
22) Associating Asset Numbers with Activities
23) Creating Activity Templates
24) Defining Rebuildable Items
25) Defining Rebuildable Serial Numbers
26) Rebuildable Item/Activity Association
27) Defining Rebuildable Bills of Material
28) To set up a Non-Stock Direct Item
29) Project and Task Setup
30) Defining Meter Templates
31) Defining Meters
32) Associating Meter Templates with Asset Groups
33) Associating Meters with Asset Numbers
34) Defining Set Names
35) Defining a Preventive Maintenance Template
1) Setting Up Organizations
2) Enabling Organizations for Enterprise Asset Management
3) Defining eAM Parameters
4) Setting Up Areas
5) Defining Departments and Resources
6) Defining Department Approvers
7) Defining Miscellaneous Documents
8) Defining Lookups including
- Activity Types
- Activity Causes
- Activity Sources
- Asset Activity Priorities
- Cost Category Codes
- Criticality Codes
- Asset Import Scope Codes
- Asset Import Statuses
- Contact Preferences
- Work Request Statuses
- Work Request Types
- Work Order and Work Request Priority Codes
- Work Order Reconciliation Codes
- Work Order Types
9) Setting Up Category Codes
10) Defining Asset Groups
11) Defining Activities
12) Activity Association Templates
13) Setting Up Attribute Groups
14) Defining Asset Documents
15) Defining Asset Numbers
16) Defining Asset Routes
17) Setting Up Asset Bills of Material
18) Defining Activities
19) Navigating the Activity Workbench
20) Defining Maintenance Routes
21) Setting Up Maintenance Bills of Material
22) Associating Asset Numbers with Activities
23) Creating Activity Templates
24) Defining Rebuildable Items
25) Defining Rebuildable Serial Numbers
26) Rebuildable Item/Activity Association
27) Defining Rebuildable Bills of Material
28) To set up a Non-Stock Direct Item
29) Project and Task Setup
30) Defining Meter Templates
31) Defining Meters
32) Associating Meter Templates with Asset Groups
33) Associating Meters with Asset Numbers
34) Defining Set Names
35) Defining a Preventive Maintenance Template
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