Table of Contents
Maintenance and Asset Management
Wastage doesn’t always mean throwing away poorly-utilized materials or taking an unnecessarily long logistics route—sometimes it’s as simple as valuable assets being underutilized or failing due to poor maintenance.
Sustainability requires doing as much as possible with what you have, and both maintenance and asset management play a huge role in that. Every asset you own or operate—including your facilities themselves—needs to have a long and productive life with your company, so you can get the maximum return from your investment.
In practice, that means you need to do all you can to keep them well maintained, and ensure that they are being optimally utilized at all times. In many organizations, the positive impact of best-in-class maintenance on factors such as energy usage, resource consumption, and cost margin are far greater than the material and labor costs incurred by the maintenance activities directly.
The Best Practices of Sustainable Maintenance and Asset Management
- Sustainable maintenance is proactively planned for every asset, but adaptable as circumstances change
- Use asset tracking, monitoring, and new Internet of Things tools to improve visibility of when maintenance is needed
- Connect maintenance and asset-management platforms so everyone can better understand the impacts of delayed maintenance
- Enable maintenance teams to access asset data and predictive analytics insights so they can prioritize their work and address issues before they cause a failure
Tailored Action Plan
1
2
3
4
Maintain visibility across your entire asset portfolio so you can clearly see what’s in use, what’s being underutilized, and what requires maintenance.
Connect maintenance and asset management, so that everyone understands where maintenance work is needed most, and when.
Plan work out well in advance to ensure all key assets are maintained proactively, and avoid downtime.
Update plans as required with a platform that rolls established plans together with real-time visibility of high-priority maintenance requests.
The solution you need.
Oracle Maintenance Cloud
Learn more
Oracle is committed to developing practices and products that help protect the environment