Performance Metrics
“If you’re not keeping score, you’re just practicing.” Vince Lombardi
EAM Performance Metrics are critical to monitoring and improving asset management operations. Without a comprehensive measurement program in place it is hard to be serious about making operational improvements.
We help our clients develop and implement a comprehensive EAM Performance Management Program.
Our solution helps to evaluate, control, budget, motivate, celebrate, promote and improve asset management operations. We enable decision makers, at all levels of the organization, to easily follow-up on corrective actions and drive continuous improvement.
- Our EAM Performance Metrics Library and world-class benchmarks provide the framework and a jump-start for identifying, documenting and measuring EAM Functions.
- We incorporate Best Practices to ensure clients are measuring the right processes with the right targets in mind.
- Our holistic approach evaluates the entire EAM universe including Engineering, Maintenance, Materials Management, Purchasing and Accounting Functions.
- We tie measures directly to our client’s corporate strategy and initiatives to ensure complete alignment.
- We understand the critical areas of a client’s asset management operation that demand study and analysis.
Our EAM Performance Management Program gets everyone headed in the right direction, focused on what is important, and on the right path to improving asset management operations.
The EAM Dashboard, Inbox and Scoreboard tool sets bring performance metrics to life. These technologies facilitate the quick identification of under-performing areas of the operation, enabling data mining and delivering instant visibility into the health of asset, materials and purchasing processes.
- Dashboards provide snapshot views of client asset management operations and support automatic alerts when thresholds are exceeded.
- Inboxes deliver workflow notifications to employees to facilitate quick response to items requiring their attention.
- Scoreboards provide comprehensive views that summarize the status of multiple measures across departments, plants and divisions, allowing corporate asset managers to assess the health of their entire operation at a glance.
The development and the implementation of a comprehensive EAM Performance Management Program are the two key drivers of continuous improvement. Stratum Consulting has the expertise to help clients measure and improve their asset management operation. Let us help you.