A CMMS (Computerised maintenance management system) is an indispensable tool to a company’s asset management system. As assets are the most valuable investment a company can possess, no company can afford not to maintain their properties in good and systematic working order with a CMMS.
Essentially, a CMMS houses a large database that contains a massive amount of information on every asset a company possesses, as well as the details of its maintenance. This pool of information is utilised widely by the CMMS to plan and execute periodic maintenance tasks, as well as to control and monitor the inventory of tools and materials. This maintenance is important to an organisation, as it ensures that all operation and production processes run smoothly without disruption that could occur due to breakdowns.
A CMMS has many features that enable the supervision of the status of each asset in an organisation. The maintenance operations for assets are constantly monitored by the system in order to update and deliver work orders to employees. As such, there will be periodical alerts and reminders from the system so that preventive maintenance can be carried out accordingly and to the schedule. This preventative measure serves to protect assets and increase the life expectancy of company properties, which helps to reduce downtime and financial losses that can result from failure of equipment.
The availability of a CMMS can also aid in the monitoring and planning of an organisation’s budget. The cost of maintenance and repair, as well as that of purchases, are stored and displayed on the system, enabling managers to monitor all expenditure and control the costs if necessary. This information can be used in subsequent budget allocation for maintenance in order to avoid overestimating or underestimating the annual budget.
In terms of cost, a CMMS allows a company or organisation to save on overheads through the facilitation of information sharing and data entry on the network system. This reduces the immense amount of paperwork, and clerical and administration costs that are related to the efficient management and maintenance of assets. Reports of tasks required or completed and expenditure can be generated easily from the system without requiring manual collection and summarisation of data.
These advantages clearly point out the importance of a CMMS in an organisation. The benefits are evident for every aspect of operation, whether in the production line, budget planning in finances, or the administration department.