THE TECH SAVVY EXECUTIVE

SOUTH AFRICAN

BUSINESS EDITION

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Enterprise AssetManagement

in MINING

presents

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In the mining industry specifically, the right EAM system will help you to avoid costly downtime and stop failures before they even happen. Efficiently manage linear, point, and component-based structure assets too, whilst effortlessly meeting the requirements for GHG emissions reporting and supporting PAS-55.

Types of assets that can be effectively monitored and managed include:

EAM anyway

What is

Machinery Equipment

Vehicles

Building & Sites

People

Enterprise Asset Management (EAM) describes a range of technologies and software designed to keep companies and their executives fully up-to-date with all of their assets. It can monitor your asset performance, identify areas of improvement and facilitate proactive, corrective measures while ensuring compliance with crucial industry regulations.

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Managing, monitoring and maintaining your assets serve as a vital component to overall success. Thanks to ever-advancing technology, EAM has quickly evolved over recent years — creating an incredible lead for innovative companies looking to work smarter, close margins and save on costs. Through more efficiently running their assets, from point of purchase right through to point of disposal, they can dramatically cut costs and increase profits.

Below are actual statistics gathered from a recent survey of Infor EAM clients. Infor is the third biggest player in the EAM market.

Using Infor EAM, companies have tracked the following returns on investment:

important inyour business

IsEAM

20%

30%

20%

5%

10%

50%

10%

50%

Improvement inlabour productivity

Reduction in new equipment costs

Reduction in inventory levels

Increase in fleet availability

Reduction in materials costs

Reduction in inventory carrying costs

Increase in warranty cost recovery

Reduction in purchasing process costs

Now more than ever, the mining sector demands shrewd business systems. The gap between sustainability and obscurity is a narrow margin, with little room for excess or error.

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Get the bigger picture

Making decisions without the entire cost picture (including labour, materials, depreciation and energy) is dangerous and full of risk. Yet without an innovative EAM system, so many corporations do just that, daily.

Minimize downtime

Not being able to produce product, supply customers or serve citizens has very costly consequences. Impact to the business includes lost revenue, disgruntled customers or citizens, plant or site shutdowns, and the unquantifiable long-term damage to your brand’s integrity.

With EAM, downtime has proven to be minimized dramatically by predicting priority maintenance needs long before they become issues.

Lighten your carbon footprint

If equipment is not maintained properly, it degrades in effectiveness and uses more energy. With Eskom price hikes, these kinds of energy inefficiencies become even more expensive, whilst adding an unnecessary burden on the environment. EAM systems help to decrease energy wastage.

Profit from being proactive

It’s statistically proven that predictive processes and systems save money and increase profits. Automating your processes at a preventative schedule level with planned maintenance means you can keep less spares, manage labour better and improve your overall efficiency. Properly maintained equipment also assures the best quality products at the highest rate of production.

So EAM may sound impressive, but how can its software and systems impact your business practically?

EAM opportunity cost

The

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We’ve compiled a checklist below with the most important criteria to consider when choosing an EAM partner:

EAM’s created equal

Are all

Certainly not. And in today’s tough economic climate, where companies face intense margin pressures and increased competition, the search for every means to run leaner, work smarter and sweat your assets is a worthy one. One that should definitely include reviewing your asset maintenance system.

Able to integrate with other software and systems

Can the system be fully integrated into multiple systems that may be running concurrently within your business?

Proven track-record

Does the company have a good reputation and long-standing clients? Keep in mind that the level of service and ongoing support you receive will be critical to your long-term success.

Mobile

Does your EAM partner understand that your business may well extend beyond the four walls of your head office? Your EAM system should be as mobile as your assets and business.

Industry-specific customization

Does the company appreciate the unique requirements of your industry? Using software that has been designed specifically for your sector makes all the difference, enabling you to turn your company’s asset management system into a competitive advantage.

Easy to use

If an asset management system is to be effective it must apply to the engineers and the accountants, to the HR managers and the HOD’s. Designed with non-techie people in mind, it should be easy to use and easy to implement.

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It’s happy to integrate

Infor can be fully integrated into multiple systems through ION interface. Deployable on-premise, Infor is also 100% web-based. New social collaboration tools and industry-specific functionality also empowers further innovation.

It’s not rocket science

Designed with non-techie people in mind, Infor’s system is intuitive, easy to use and easy to implement. Of course, it’s also incredibly easy to maintain. New versions allow you to run patches and upgrades while the current system is still running.

It’s smart

More than just computerized maintenance management software (CMMS), Infor’s EAM solutions are proven to increase profits and improve performance visibility by analyzing data, forecasting reliability issues, and making forward-looking decisions that deliver improved bottom line results.

It’s portable

We appreciate that your business may well extend beyond the four walls of your head office. Wherever it can be found, Infor EAM is light footed enough to follow, anywhere, anytime.

It’s flexible

With over 70,000 customers (who include the likes of Ferrari, Boeing and Heineken), Infor is the most configurable asset management solution on the market. Designed in multi-language, multi-plant, multi-currency and with multiple security levels, Infor is organised to give each person a unique view, whilst report standards remain uniform.

It’s on the ground

As the official channel partner for Infor EAM, Softworx possesses a strategic understanding of the challenges facing South African businesses and service providers. Having enjoyed long-standing relationships with many clients (some for over 20 years), Softworx has the expertise and service integrity to ensure your EAM system becomes

one of your greatest assets.

It’s tailor-made

Unlike most competitors, Infor understands that every industry has radically different requirements. Building software and going to market specifically for these micro-verticals, Infor EAM is available in industry-specific editions, providing unparalleled flexibility to zoom in on the specialized industry requirements.

Infor Enterprise Asset Management (EAM) has helped over 10,000 organisations in 194 countries to better manage, maintain, and track their assets — thereby improving operations, driving growth, and allowing companies to quickly adapt to changes in business demands.

INFOR EAMIntroducing

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Where to start?

Tor Helgeland, Managing Director, Swire Oilfield Services

Now we always know where our equipment is, so we can increase uptime, performanceand availability.

INFORequipmentfor mining

If you’re in the mining business, you’re constantly in motion. To quickly respond to the constant needs of both your clients and crew, you have to know where your equipment is and what condition it’s in at any given point in time. When it comes to your projects, you’ve got to manage your service crew, parts and equipment logistics, repair operations, and service records — all while ensuring that you meet the necessary regulatory, certification and safety requirements.

We can help you:

• Track and maintain your equipment for efficient utilization and improved turnaround time.

• Manage your staff and service projects with greater ease and efficiency.

• Maximize customer satisfaction and your bottom line.

• Gain detailed, real-time data you can trust.

• Build a strong foundation for growth, margin enhancement and innovation.

Infor Equipment is specialized for your industry, offering the broadest, deepest solution for the mining services industry. It’s an integrated, easy to use, enterprise-wide application that helps you focus on the service side of your business — no matter what your size or business model.

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Email kevin.pentecost@softworx.co.za or call 011 607 8299 to find out how we could partner with you in ensuring your assets remain just that — assets.

Successfully manage your assets and they will multiply