Challenge #1: Not knowing what you have
The first challenge seems like an obvious one but nonetheless it is one that many facilities and property managers battle with. What do you actually own… Having a central database of your assets, where they are, documents pertaining to them, etc is essential…
Challenge #2: Over/under Maintenance
When was the last maintenance done on every single asset in the organisation and who performed it… This is critical to have a successful asset management program. Silveraxiom helps you centralise everything to answer all these questions.
Challenge #3: Reducing downtime
Organisations currently run their assets sub-optimally leading to a shortness in the assets life and unforeseen costs. Having a central information system for all your assets together with real time information as to the maintenance schedule and run time of the asset can prove to save money in the long run. Integrate sensors and monitors and you have a recipe for asset success.
Challenge #4: Understanding Costs
Your assets are often you biggest money maker as well as your biggest drain on cash flow. Not having a tight control as to the costs associated to each asset can result in overspend and lack of accountability.
