using classifications in maximo, focus on item master

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Projetech Inc. Copyright 2013 Using Classifications in Maximo Focus on Item Master

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DESCRIPTION

Maximo Classifications are a tool to: Improve data accuracy 1. Create a searchable, sortable item master catalog 2. Use the system to automatically generate item descriptions with correct taxonomy 3. Use item classes 4. Reduce Inventory carrying costs 5. Save time and effort related to finding parts

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Page 1: Using Classifications in Maximo, Focus on Item Master

Projetech Inc. Copyright 2013

Using Classifications in Maximo

Focus on Item Master

Page 2: Using Classifications in Maximo, Focus on Item Master

Projetech, Inc. Copyright 2013

Value Proposition What if you could increase your Technicians’ wrench time and

remove some of your inventory costs using a tool that you already have in your EAM system?

Scenario:Facility currently has 30 Technicians who retrieve their own partsAssumptions: Classifications would save Techs 1/2 hour a day related to finding parts. Cost Savings

Time (Man-hours) 30 Tech * 0.5 hour/Day * 260 Days/Yr 3,900 hrs.Value of lost time searching for parts 3900 hrs * $50/hr (industry std) $195,000.00

Assumptions: Value of inventory = $1M 10% reduction in inventory 100,000.00$ Inventroy carrying costs are est. at 25% of total inventory 25% of $1M or $250,000 25,000.00$

Total reduction: 320,000.00$

Page 3: Using Classifications in Maximo, Focus on Item Master

Projetech, Inc. Copyright 2013

Incorrect Descriptions

Description Issue

Valve Air Solenoid Lacking key information

Valve Solenoid Lacking key information

Asco Red Hat Solenoid valve 120/60 Manufacturer included

110/50 AFP 13160 1/4” 9W SP Water Tower Valve Is this a solenoid valve?

Solenoid Assy #18587 Coil 24VDCS Mfg. Part number?

2537L 24 VDC C16 for F line filtec Application specific

2 way pilot operated general service solenoid valve for homogenizer

Application specific

Bosch 0-820-038-176 solenoid valve Manufacturer, part number

Solenoid valve, single gas chromatograph, Mfr. H & B for potable water

Location specific, Manufacturer, Application specific,

Page 4: Using Classifications in Maximo, Focus on Item Master

Item Classification Taxonomy

AttributeNOUN AdjectiveAttribute

Page 5: Using Classifications in Maximo, Focus on Item Master

Projetech, Inc. Copyright 2013

What’s Wrong?

Page 6: Using Classifications in Maximo, Focus on Item Master

Projetech, Inc. Copyright 2013

Correct use of specifications

Page 7: Using Classifications in Maximo, Focus on Item Master

Projetech, Inc. Copyright 2013

Classifications should not contain: Manufacturer names Manufacturer part numbers Model numbers Vendor names Vendor part numbers Equipment name or number Location name or number

Page 8: Using Classifications in Maximo, Focus on Item Master

Projetech, Inc. Copyright 2013

If you need to keep track of an item, it should be an asset, designated as a Rotating item.

Page 9: Using Classifications in Maximo, Focus on Item Master

Projetech, Inc. Copyright 2013

Classifying a Rotating Item

Page 10: Using Classifications in Maximo, Focus on Item Master

Projetech, Inc. Copyright 2013

Attributes

Page 11: Using Classifications in Maximo, Focus on Item Master

Projetech, Inc. Copyright 2013

System generated description

System generated descriptions are searchable and sortable.

Page 12: Using Classifications in Maximo, Focus on Item Master

Projetech, Inc. Copyright 2013

Using classifications to find items for work

Page 13: Using Classifications in Maximo, Focus on Item Master

Projetech, Inc. Copyright 2013

Using attributes to find items

Page 14: Using Classifications in Maximo, Focus on Item Master

Projetech, Inc. Copyright 2013

Mark item as Rotating

Page 15: Using Classifications in Maximo, Focus on Item Master

Projetech, Inc. Copyright 2013

Classifying OEM Items

OEM parts should be classified differently than MRO Parts The description can be more indicative of what they are used for OEM items are items manufactured by the OEM for the equipment OEM items are not items purchased or distributed by the OEM for a piece

of equipment