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Asset management best practices in the chemicals industry

October 5, 2021By Mihir Shah

As per some estimates, 50% of fixed costs for a typical chemicals plant are the result of continuous maintenance work. This maintenance work can be classified into three categories: reactive, preventive, and predictive.

Filed Under:
  • Asset management
  • Manufacturing
  • Technology

The evolution of asset management in the chemicals industry

September 21, 2021By Mihir Shah

The chemicals industry and other similar asset-intensive companies use multiple types of assets. Many of these asset types have existed for nearly a century and have been maintained in some way or the other during their respective lifecycles. Over the course of the century, however, the approach to maintenance has evolved.

Filed Under:
  • Asset management
  • Manufacturing
  • Technology

Cloud hospitality system advantages – 5 areas of your business that will be enhanced

May 19, 2021By Mukund Mohan

Important discussions about migrating hospitality property management systems and other solutions to the cloud continue in an era that has shown the industry how important greater agility really is. But let’s talk about the specifics. Which areas of your hospitality business are likely to benefit the most from a cloud PMS and hospitality software solutions in the cloud in general? How will that in turn affect the guest experience and how teams in all company locations will be able to do their jobs? Here’s a selected list

Filed Under:
  • Asset management
  • Cloud
  • Hospitality
  • Technology
  • Trends

Increase asset performance and food safety with Industry 4.0 technologies

March 29, 2021By Marcel Koks

To stay competitive and meet the ever-intensifying needs of Industry 4.0, food and beverage companies must rise to the occasion and make a plan to become digitally connected.

Filed Under:
  • Asset management
  • Manufacturing
  • Technology

Supporting your operational and financial processes when working remotely

February 10, 2021By Alison Richards

In this blog, Progressive explain how its clients use Infor OS and Ming.le to extend the power of Infor’s best-in-class Enterprise Asset Management (EAM) System out into the field—making it the ideal solution for busy operations and financial teams.

Filed Under:
  • Asset management

4 Breakout Benefits to Expect from Asset Performance Management

January 21, 2021

Particularly for asset-intensive companies that rely heavily on their equipment and devices, enhanced maintenance maturity is at the center of any effort to optimize operations and do more with less. By evolving their EAM solution to incorporate APM capabilities, organizations can manage and analyze the vast amounts of data and automated workflows necessary for predictive and prescriptive maintenance—and they can better understand assets, predict failures, and manage failures.

Filed Under:
  • Asset management
  • Manufacturing

Build your Industry 4.0 vision to reduce waste and ensure food safety

January 19, 2021

The business environment is changing more rapidly than ever before. To stay competitive and meet the intensifying needs of Industry 4.0, food and beverage companies need to rise to the occasion and make a plan to become digitally connected.

Filed Under:
  • Asset management
  • Data and Analytics
  • Manufacturing
  • Technology
  • Cloud

How Asset Performance Management Puts an End to Reactive Maintenance

January 14, 2021

With an avalanche of operating data from multiple sources, there are many opportunities to take another step up into predictive and preventive maintenance. APM is the tool that allows you to make sense of the data, develop a more profound understanding of your assets, predict and prevent failures, improve failure management, improve budgeting and cost control—all without having to install, then try to manage and maintain multiple software operations.

Filed Under:
  • Asset management
  • Manufacturing

Asset performance management: Part of the Maintenance 4.0 evolution

January 7, 2021

Maintenance 4.0 enables an emerging approach to asset performance management (APM) that delivers superior operating performance when companies need it most, making it possible for asset managers to get more done with limited resources. An APM solution uses algorithms and machine learning models to predict when an asset is likely to fail, then prescriptively lays out the staff assignment, business processes, and tools that will solve the problem, efficiently and cost-effectively.

Filed Under:
  • Asset management
  • Manufacturing

The team that learns together, stays together

December 21, 2020

Infor EAM Support shatters the normal longevity pattern; even the “newbies” have been with the team for 10 years

Filed Under:
  • Asset management
  • Infor culture

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