Schneider Electric Fixed Assets Management addresses the challenges associated with production asset availability, scheduling challenges, on-hand resources, and spare parts management in 4 key steps combining software, mobile platforms and services.
The first step is collecting data to enable continuous improvement in maintenance practices and deliver the highest return on assets. Step two is to analyse the data for increased asset utilization, improved performance and better maintenance planning. Step three is to act upon the analytics with decision support; less time analyzing and more time acting. Finally, in step four, report & visualize; leading to improved model, and real-time & predictive insights.