September 26, 2024 adminAMA

EAM Assessment



Master Data, IPSECA, and Inventory Management Assessment

Before investing in new solutions or making changes to existing ones, it’s crucial to understand the current state of your organization’s asset management practices. At Asset Management Advocates (AMA), we offer a comprehensive assessment designed to provide valuable insights and actionable recommendations.

We assess where you are today, where you want to be, and what your data tells you.  That will give us the track to follow, leading to your overall goal.  We strongly believe that change management plays a role in making adjustments sustainable.  We build from the foundation up, not the reverse.

  1. Where do you want to be?
  2. Where are you now?
  3. What are the gaps?
  4. How do we best fill the gaps and make them sustainable?

The end result is a comprehensive report detailing the findings and recommendations (people, process and technology) and an educational roadmap to bring your core team the foundational understanding to empower the organization. When employees understand the Why, they take charge of the What and How and own the outcomes.

Why Choose Our Assessment?

Our approach leverages industry-standard principles to analyze your processes, identify outliers, and recommend improvements. By focusing on globally recognized frameworks like ISO 55000, we ensure that our observations align with best practices in the field.

Key Principles We Utilize

ISO 55000 Asset Management Standards

We align our assessment with the ISO 55000 series, which provides guidelines for establishing, implementing, maintaining, and improving effective asset management systems. This ensures your organization can achieve its objectives through efficient and sustainable asset management practices.

IPSECA Workflow

We assess your work management processes based on the IPSECA model:

  1. Identify: Recognizing the assets and tasks that need attention.
  2. Plan: Develop strategies to address identified needs.
  3. Schedule: Organizing tasks to optimize resources and time.
  4. Execute: Implementing the planned actions effectively.
  5. Close: Completing tasks and documenting outcomes.
  6. Analyze: Reviewing performance to inform future actions.

Six Principles for Planning and Scheduling

Our analysis incorporates these principles to enhance efficiency and productivity in your planning and scheduling processes. This ensures that resources are utilized optimally and projects are completed on time.

ISO 14224 Compliance

We evaluate your data collection and exchange practices against the ISO 14224 standard for the collection and exchange of reliability and maintenance data for equipment. Adhering to this standard helps ensure data integrity and reliability across your organization.

AMA’s Master Data Standards and Governing Documents Lifecycle 

We want the data to tell the story so that we can recommend exactly the path forward and target the areas where they need the most help. We measure against our Master Data and IPSECA Standards, which we have built over the last 25 years and implemented in dozens of international and local organizations.

Using the data we can pull from your SAP system or others, we can quickly build targeted exception reports to focus on the key areas that make up sound work management processes. These will act as the playbook and illustrate what is working and what is not.  We will be able to discover the areas for quick wins and for long-term business benefits.

Benefits of Our Assessment

  • Comprehensive Analysis: Gain a detailed understanding of your current systems and processes.
  • Alignment with Global Standards: Ensure your asset management practices are in line with ISO 55000 guidelines.
  • Customized Recommendations: Receive tailored advice that addresses your organization’s unique challenges and goals.
  • Informed Decision-Making: Make strategic decisions about purchasing new solutions or modifying existing ones with confidence.
  • Enhanced Efficiency: Identify areas for improvement that can lead to cost savings and better resource management.

Get Started Today

Empower your organization with the insights needed to optimize your asset management practices. Contact us to learn more about our Master Data and IPSECA Work Management and Inventory Management Assessment.