Data is your company’s most valuable asset, but ensuring master data integrity is a key challenge across all industries, especially those counting on it to help maximize asset uptime, optimize materials inventory, and streamline operations. Your data should fuel trusted cross-functional analytics to drive performance management and business decision-making, so you need to be able to integrate structured data, unstructured content, engineering systems, and machine data captured by the Internet of Things to create one golden record of truth.
To stay operationally efficient, you must base plant and equipment management decisions on data you can trust. With SAPs Master Data Governance, enterprise asset management extension by Utopia and SAP Asset Information Workbench by Utopia, you can create and manage asset master data in the plant maintenance process centrally. The result: effective asset lifecycle management that allows you to leverage accurate master data to anticipate regular maintenance needs, keeping parts handy for necessary repairs, and demonstrating compliance with safety guidelines. Increased visibility into asset lifecycles and raw material usage helps tighten IT resource planning and identify and correct potential risks to product quality or hazardous practices before they degrade performance or profitability.
This workshop will cover:
- Elimination of inaccuracies and omissions in master data for asset management
- Improving the quality of information for managing the asset lifecycle
- Speeding up the transition between build and operational phases for assets
- Reducing downtime due to maintenance issues
