Proactively manage the assets that run your business

Learn how the SAP Field Service and Asset Management solution gives product-centric companies visibility and control over the equipment, facilities, and infrastructure that keep their business running. Read how it combines asset management and field service capabilities in a single, AI-enabled solution. Dokument herunterladen

Asset management | SAP Field Service and Asset ManagementProactively manage theassets that run your businessHelping product-centric companies takecontrol of internal asset operations
2 | 12Tableof contents4 The hidden cost of unmanagedinternal assets5 From reactive to proactive:A new approach to internal assetmanagement6 A comprehensive process:From asset registration tocontinuous improvement7 Digitalized processes vs. themanual approach8 Empowering technicians on theshop floor and in the field—evenwithout connectivity9 Operational transparency fordiverse stakeholders10 Intelligent networking with theIndustrial Internet of Things11 Safety embedded intomaintenance activities12 Closing the asset management gap
3 | 12Proactively manage the assets that run your businessFor most product-centric companies, theassets they rely on to manufacture,store, and deliver their products are just asbusiness critical as the products themselves.Yet for decades, managing these internalassets has been treated as a secondaryconcern—handled through spreadsheets,disconnected maintenance systems, ormanual workflows that leave operationsexposed to unnecessary risk and cost.The SAP Field Service and Asset Management solution changes that.By bringing together asset management and field service capabilitiesin a single, AI-enabled solution, it gives product-centric companiesvisibility and control over the equipment, facilities, and infrastructurethat keep their businesses running. You manage what you make.Now manage what makes it possible.
4 | 12Proactively manage the assets that run your businessThe hidden cost of unmanaged internal assetsIn asset-intensive manufacturing environments, operational disruptions are rarelycaused by external factors. More often, they stem from an avoidable truth:companies do not have a unified, real-time view of their own internal assets.The result is a cycle of reactive maintenance,unplanned downtime, and escalating costs thaterodes margins and frustrates operations teams.Consider the reality many product-centriccompanies face today: Critical production equipment fails unexpectedly,halting output for hours or days. Maintenance teams operate from disconnectedsystems with no shared view of asset history. Demand for maintenance resources is plannedmanually, leading to technician shortages or idlecapacity. Finance teams have no visibility into the truecost of maintaining each asset over its lifecycle. Aging assets are kept in service beyond theiroptimal replacement point because data isunavailable.These are not isolated problems. They aresymptoms of an asset management approachthat has not kept pace with the demands ofmodern manufacturing.The business case for changeStudies consistently show thatunplanned downtime costs industrialmanufacturers an average of 5% to20% of productive capacity annually.For a midsize manufacturer, that canrepresent millions of dollars in lostrevenue and avoidable costs. Thequestion is no longer whether to investin asset management—it is howquickly you can make the shift fromreactive to proactive.