For many organizations when they implement Maximo the focus is on getting their assets in the Maximo system.  The next thing is setting up work management  to maintain those assets.  Then the project will often shift to Purchasing and how to reorder parts.  Often, many organizations only give light thought to Inventory and the Inventory management processes as the focus is on purchasing.  Some organizations also tend their implementation to stop after work management.  Inventory management is a great area that can provide real data into how your Assets are performing and how much you are spending to provide real ROI for your Maximo system.  When all of your inventory parts are in the Maximo system, you can tie them to your maintenance activities and get a better picture of your maintenance costs.

Benefits include:

  • Tracking of actual costs associated with work.
  • Value of all parts of hand
  • Identification of warranty parts
  • Part lotting to identify problem parts
  • Vendor performance management
  • Better cost tracking
  • Better purchasing methods
  • Part Sharing across sites

Getting started in Inventory can be confusing and but EDI is here to help.  EDI has deployed Maximo Inventory processes successfully numerous times and can provide a roadmap to help you gain greater value out of you Maximo system.  Contact us today for more information.

 

Let’s talk Inventory