Enterprise Asset Management (SAP EAM)

Name: leverX Company
Brand: LeverX
Rating: 4.9 (114 reviews)

LeverX is your trusted partner in delivering cutting-edge SAP Enterprise Asset Management solutions tailored to optimize your business's asset performance and enhance operational efficiency.

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Such companies help businesses solve complex problems, deliver exceptional user experiences, and drive digital transformation using design thinking and innovation expertise. They leverage SAP's best practices and cutting-edge tools to create user-centric solutions.

SAP Enterprise Asset Management (SAP EAM) is a comprehensive software solution designed to help organizations manage and maintain their physical assets throughout their lifecycle. It integrates seamlessly with other SAP modules and provides powerful tools for asset planning, maintenance execution, and analytics. With SAP EAM, businesses can achieve higher asset availability, reduce downtime, and improve overall operational performance.

With only 12% of companies adequately prepared for future global value chain disruptions, SAP EAM becomes essential in minimizing risks and ensuring uninterrupted operations.
By 2026, an estimated 70% of G2000 companies will leverage AI for risk-based operational decision-making, compared to the current 5%, highlighting the significance of SAP EAM in enabling organizations to make data-driven decisions and optimize asset performance.
Global organizations that invested in digital transformation experienced an astounding 98% reduction in business risk, making SAP EAM a vital component for businesses to embrace digital transformation, drive efficiency, and minimize risks.

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Efficiently manage your assets with SAP S/4HANA Asset Management, leveraging advanced capabilities for maintenance planning, execution, and tracking to ensure optimal asset performance and reliability.

Optimize maintenance schedules, resources, and materials using comprehensive planning tools and intelligent algorithms.
Proactively make decisions and implement preventive maintenance with real-time visibility into asset health, performance, and maintenance history.
Streamline cost tracking and optimize spare parts procurement by seamlessly integrating asset management processes with financial and procurement systems.

By integrating AI features, SAP EAM ensures proactive asset management, which leads to increased reliability and cost savings:

Analyze data from IoT sensors in real-time to identify irregular equipment behavior and detect early signs of potential failures;
Perform automated inspections to reduce manual errors and equipment failures;
Streamline the creation and scheduling of maintenance orders, improving resource allocation and operational efficiency.

Comprehensive asset lifecycle management

SAP EAM enables organizations to effectively manage assets throughout their lifecycle, from acquisition to disposal, ensuring comprehensive asset management practices.

Optimized asset performance

With SAP EAM, organizations can implement preventive and predictive maintenance strategies, optimizing asset performance and minimizing downtime or failures.

Streamlined maintenance planning and scheduling

SAP EAM improves operational efficiency by providing features for efficient maintenance planning, work order creation, resource allocation, and optimized scheduling.

Integrated inventory management

SAP EAM integrates with inventory management systems, facilitating accurate tracking of spare parts and materials, optimizing procurement, and reducing inventory-related issues.

Real-time data and analytics

SAP EAM offers real-time visibility into asset data and performance metrics, enabling proactive maintenance, continuous improvement, and data-driven decision-making.

Compliance and regulatory adherence

SAP EAM supports compliance with industry regulations and standards, facilitating documentation, tracking, and adherence to safety inspections, certifications, and maintenance best practices.

Seamless integration with SAP modules

SAP EAM integrates with other SAP modules, such as finance, procurement, and human resources, enabling better coordination, data sharing, and improved operational efficiency.

Mobile and offline capabilities

SAP EAM provides mobile and offline capabilities, allowing maintenance technicians to access and update asset information in the field, enhancing productivity and reducing administrative tasks.

Scalability and flexibility

SAP EAM is designed to scale with organizational growth and adapt to changing business needs, accommodating a large number of assets and supporting complex maintenance processes.

Enhanced asset visibility and control

SAP EAM offers a centralized repository for asset information, providing a comprehensive view of asset history, maintenance activities, and costs, enabling informed decisions on asset utilization, replacement, and retirement.

Improved resource utilization

SAP EAM optimizes resource allocation, ensuring efficient utilization of maintenance teams, equipment, and materials, leading to cost savings and improved productivity.

Proactive maintenance and reduced downtime

With SAP EAM, organizations can proactively identify potential asset issues, address them before they escalate, and minimize downtime, enhancing operational efficiency and reducing costs.

Energy & utilities

SAP EAM guarantees the effective administration of energy and utility infrastructures, such as, power plants, transmission lines, and water treatment facilities. The solution helps with predictive maintenance, outage management, and asset optimization. These capabilities aid in lowering operational risks, prolonging asset lifecycles, and guaranteeing trustworthy client service.

Oil, gas, & chemicals

Oil, gas, and chemicals companies rely on SAP EAM to manage maintenance for refineries, drilling rigs, and pipelines. Designed to meet strict safety and environmental standards, the solution helps mitigate risks, maintain compliance, and effectively plan repairs, ensuring smooth and secure working conditions. view solution

Industrial manufacturing

SAP Enterprise Asset Management supports predictive maintenance, reducing unexpected downtime and extending the lifespan of production assets. By monitoring equipment performance and scheduling timely repairs, it helps boost productivity, reduce costs, and ensure reliable operations. view solution

Transportation & logistics

Transportation and logistics businesses use SAP EAM to streamline fleet maintenance, manage assets (e.g. vehicles, rail systems, and ports), and enhance service reliability. By monitoring asset conditions and scheduling maintenance, companies minimize downtime, ensure on-time deliveries, and improve customer satisfaction. view solution

Consumer packaged goods

SAP EAM supports the upkeep and optimization of production lines, packaging equipment, and storage facilities in the CPG sector. By supporting preventive maintenance, the solution minimizes production disruptions and guarantees consistent product quality. Insights into asset performance and lifecycle management helps businesses cut expenses, increase operational effectiveness, and successfully satisfy market demands.

Why LeverX?

Proven track record

For over 20 years, we have helped businesses worldwide succeed with SAP. We’ve already completed 950+ projects for over 800 clients, including top names on the Fortune 500 list.

Industry experts

The LeverX team comprises professionals with hands-on knowledge in 30+ industries, including manufacturing, logistics, and oil  and gas.

SAP partnership

We implement SAP projects end-to-end  and collaborate with SAP on the development and enhancement of its existing solutions.

Quality and security track record

LeverX operates in compliance with international standards such as ISO 9001, ISO 27001, ISO 22301, and ISO 55001, ensuring reliability and quality in every project.

Investment in innovation

We actively integrate advanced technologies, such as Data Science, IoT, AI, Big Data, Blockchain, and others, to help clients efficiently address their business challenges.

Flexibility

Our team is available 24/7, which enables us to quickly deploy projects, maintain process transparency, and adapt each development phase to meet your specific requirements.

Implementation Roadmap

We follow the SAP Activate methodology, which breaks down the implementation of SAP Enterprise Asset Management into six essential stages:

Current Processes Evaluation: Assess existing business processes and identify the organization's needs.
Defining Technical Requirements: Create a detailed specification of the functional and technical needs of the new system.

Discover

Setting Goals and Objectives: Establish and agree on the goals to be achieved throughout the project.
Assembling the Project Team: Appoint team members and define their roles and responsibilities.
Project Plan Development: Create a comprehensive plan that outlines project phases, timelines, resources, and key performance indicators.
Budget Determination: Estimate and approve the budget.
Specifications Preparation: Develop the technical and functional specifications for the development team.

Prepare

Ensuring Business Requirements are Met: Check that SAP EAM aligns with business requirements and project objectives.
Data Validation: Verify the accuracy and compliance of the data.

Explore

Data Migration: Transfer data from existing systems to the new one.
System Configuration: Set up the solution according to requirements and specifications.
Customization: Develop additional features and modules, if the standard solution does not meet all needs.
Integrations: Configure SAP EAM to work with other IT systems and applications.

Realize

Testing: Perform functional, integration, regression, and load testing to ensure that all works correctly.
User Training: Organize sessions to help users become familiar with the new system.

Deploy

System Readiness Check: Verify that the system is ready for operational use.
Launch: Officially transition to active use of SAP EAM.
Ongoing Support: Continuously monitor solution performance to identify and resolve any issues.

Run

What is EAM software?

Enterprise asset management (EAM) is an amalgamation of software, systems, and services to upkeep and control essential assets and equipment. Its purpose is to improve the efficiency and utilization of assets throughout their lifespan, heighten successful usage and limit operational expenses.

What is the difference between SAP ERP and SAP EAM?

Compared to EAM, which focuses specifically on managing maintenance and the lifecycle of assets, ERP encompasses a much broader scope. ERP combines various functions that would otherwise be covered by different software systems, including some features of EAM relating to asset management and financial planning.

What is the difference between EAM and CMMS?

A CMMS deals mainly with maintenance, but an EAM system takes a comprehensive approach and involves many different business functions. A CMMS begins to keep records once an asset has been bought and installed, whereas an EAM system monitors the complete asset life-cycle, starting at the point of design and installment.

Why do we need EAM?

With the aid of an Enterprise Asset Management system, it is possible to ensure reliable and cost-efficient performance of assets and secure compliance with the regulations concerning health, safety, and the environment. Additionally, the system allows for asset-based decisions to be made within the appropriate level of the organization.

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An expert will reach out to you to discuss your specific migration needs and requirements.
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We will sign an NDA to ensure any sensitive information is kept secure and confidential.
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We'll work with you to prepare a customized proposal based on the project's scope, timeline, and budget.