Maintenance presents a variety of challenges

• Uncertainty about the current condition of assets
• Low productivity of assets
• Manual, error-prone calculation of KPIs in Excel
• Uncertainty regarding the right maintenance strategy for specific assets
• Lack of transparency in maintenance costs

Maintenance is a recurring process at many companies. To make it as efficient as possible, it helps to track the current status of assets through real-time monitoring. This approach makes it possible to avoid unnecessary maintenance measures – for example, when all of an asset’s components are still working as they should. It is just as important to define the right maintenance strategy from the beginning. This minimizes the risk of failure of critical assets while also making sure allocated funds aren't wasted. Methods like risk analysis and criticality analysis are available to score asset failures and their impact on the bottom line.

Why use SAP Asset Strategy and Performance Management?

SAP Asset Strategy and Performance Management (ASPM) ensures transparent asset monitoring. SAP ASPM provides a variety of analyses for scoring assets, along with a number of other features: Besides the ability to monitor the entire life cycle of assets, you benefit from the automated calculation of KPIs (such as mean time between failures and mean time to repair). In addition, failure modes and effects analysis (FMEA) lets you analyze the impact of outages on your bottom line. The right maintenance strategies can also be derived based on the latest asset data (dynamic adaptation). As a result, you'll have full transparency in your maintenance costs and a complete overview of all the contributions and risks of the assets at hand. 

• Define digital twins of assets in your existing structure that are accurate in every detail
• Identify the relevant status indicators
• Establish methods and processes to score assets (risk and criticality analysis, failure mode and effects analysis)
• Prepare for the automated calculation of relevant KPIs
• Derive the right maintenance strategy for assets

Implementing real-time monitoring for key assets is no simple task. Scheer GmbH will be happy to support you in creating digital twins to map your assets in detail. We can also show you how to create questionnaires for specific assets yourself to determine the risk and criticality of outages. Benefit from the automated calculation of relevant KPIs, such as mean time between failures and mean time to repair. Seize this opportunity to benefit from our support in implementing real-time monitoring to improve your asset transparency and select the right maintenance strategy.

The indicator chart helps you monitor the current status of your assets.

Risk and criticality analysis: Calculate the risk scores of your assets based on dimensions and damage categories you define yourself