Enterprise Asset Management (EAM)

Improving return on assets by reducing overall life-cycle costs

In today's market, asset-intensive companies are facing numerous challenges including unstable credit conditions, nervous stakeholders, and volatile input costs. For your company to continue to succeed, your assets need to perform like never before. You need to increase your uptime, output and asset reliability while decreasing maintenance costs and extending asset longevity.

This requires a dedicated approach to Enterprise Asset Management (EAM), and doing so is more important than ever. This is especially true if you are experiencing:

• An increase in the number of unplanned outages
• Underperforming assets
• Aging assets
• Scheduling issues
• Growing maintenance costs
• Labour/skills shortages
• Risk, safety environmental concerns
• Strained cash flows
• Seasonal challenges
• Lack of data around assets

How PwC can help

Our EAM team is highly regarded in asset-intensive industries such as utilities, mining and oil and gas. We provide independent advice and assistance to develop and implement an integrated asset management strategy that will:

• Increase reliability and asset performance to its intended levels
• Develop decision analytics around asset life cycles
• Integrate with inventory management solutions
• Manage the asset through its life-cycle
• Create maintenance standards and policies
• Decrease vendor costs
• Eliminate unnecessary procurement
• Optimize preventative and predictive maintenance programs
• Improve your maintenance labour utilization
• Develop a performance measurement program

Contact us today to find out how our Enterprise Asset Management team can help you get the most of out your assets.