Microsoft Dynamics 365 Asset Management – is an advanced module designed to manage fixed assets (assets) of the enterprise, focused on reducing the cost of maintenance, repairs and logistics without compromising the level of reliability.
The module helps to achieve the maximum possible uptime of an asset, its efficient operation, and predictability in use. Includes the management and maintenance of the organization physical assets throughout the life cycle of each.
The assets can be your own:
- buildings and structures;
- vehicles and any other mobile equipment;
- production equipment;
- expensive, long term equipment, inventory
The system also allows you to manage leased assets or customer equipment if the company is engaged in its maintenance.
The functionality of Microsoft Dynamics 365 Asset Management, allows you to build an effective process for managing various types of assets, considering their location, design, operating mode, the manufacturer’s recommended scheduled maintenance policy, warranty conditions, emergency repair statistics, and other costs throughout the entire life cycle. It provides the ability to maximize asset life, reduce maintenance costs and downtime, and improve planning efficiency.
Key features of Microsoft Dynamics 365 Asset Management include:
- Tracking. Assumes maintaining a complex classification of assets based on a hierarchy of values
- Preventive maintenance. Allows you to manage the needs for planned maintenance of assets, based on manufacturer’s recommendations, thereby making it possible to prevent unexpected equipment failures.
The scheduled maintenance date is calculated based on the parameters from the manufacturer’s technical documentation entered the system. This allows maintenance work to be planned. The data is collected in a calendar, which serves as the basis for a timetable-driven work order. When equipment, or any other type of asset, needs urgent emergency repairs, it is possible to create special work orders and build them into the existing planned schedule.
- Managing a team of specialists who can perform certain types of work related to the assets repair or maintenance.
- Maintaining maintenance checklists, which contain a list of actions to be performed by an employee when performing asset repairs or maintenance.
- Forecast of materials and spare parts consumption that are required to carry out assets repairs or maintenance. Based on such a forecast, a procurement plan for the necessary items can be formed.
- Ability to work with the module on different devices, including smartphones.
- Graphical representation of the plan for the execution of repairs and maintenance of assets (Gantt chart).
- Work order management and equipment operation planning. Based on a few parameters, for example, such as working capacity, criticality of the work order, etc.
- Planning, control and analysis of asset maintenance costs.
- Key Performance Indicators (KPIs) provide a set of analytical data to measure the asset performance, allowing you to monitor and evaluate its effective usage.