EAM helps improve operational efficiency, reduces costs, and maximizes the value of those assets. This includes activities such as planning, procurement, maintenance, and disposal of assets, as well as the tracking and reporting of asset-related data. EAM systems can be used to manage a wide range of assets, including buildings, equipment, vehicles, and infrastructure.
Enterprise Asset Management (EAM):
The systematic and coordinated management of the physical assets of an organization throughout its entire lifecycle.
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