Enterprise Asset Management & Maintenance Solution

Enterprise Asset Management (EAM) refers to the combination of software, systems, and services an organization uses to control and optimize its physical, technological and human resources across business units and geographical locations. DreamzTech EAM optimizes performance, extends asset life cycles, and reduces operational downtime and costs. Maintain all asset types no matter where they reside, set up new assets quickly and upgrade enterprise asset management (EAM) software automatically for nonstop uptime, reduced costs and minimized risk. DreamzTech implemented this solution at one of the largest brewery industry specialists based in the UK (A division of leading banking group which is a part of FTSE 100) with over 2.3 million unique assets for rent and sales.
The solution has won “Best Use of RFID to Enhance a Product or Service” at the RFID Journal Awards 2019, held in Phoenix, Arizona.

Business Problems

The client was facing the following business problems prior to implementation:

The overall performance of the company depends on the performance of its critical assets.
Assets are typically spread across a wide geographic area and are overseen by a field-based workforce.
Poor management of these operational processes can increase costs significantly and have a negative impact on profitability.
Access to timely, reliable information for better decision-making and forecast lease revenue and expected costs accurately, manage assets efficiently and maximize the return.
Increasing pressure to maintain exemplary health and safety standards and to proactive management and maintenance.

Solutions We Provided

The customer enjoyed the following benefits through the solution team.

Asset Management and maintenance platform met business requirements and standard process with hierarchical asset listing with predictive and proactive maintenance solution.
Assets tagging with geo-locations and detailing it on the central dashboard with an overview and summary of critical assets.
Easy with Computerized Maintenance Management Solution for proactive and predictive maintenance with scheduled tasks and automated maintenance work order.
Built-in forecasting mechanism to improve efficiencies in Asset and Inventory Management and Create a customized report for better decision making.
Achieve operational excellence, reduce the cost of asset ownership and management, ensure regulatory compliance and occupational safety, and drive profitable, sustainable growth.

Approach from DreamzTech

DreamzTech got the opportunity to walk on this exceptional with this client to provide a cutting edge solution in the available budget. As the customer ventured into their digital transformation journey they sought support from a software partner with expertise in the areas of new-age technology and consulting.

SCOPING AND DOCUMENT

DreamzTech engaged onshore Business Analysts to engage with stakeholders from the client to define and document requirements.

PROJECT PLANNING

Agile Project plan and backlog document and sprints are planned. The architects from DreamzTech analyzed requirements to determine Technology to be used, database structure, data flow, and microservices.

DEPLOYMENT

Our team comprising Project Manager, Tech Lead, UX/UI Developers, Programmers, and Quality Analysts worked with the client for 6 months to deploy first alpha and continued for over 5 years following Agile methodology to release multiple versions and updates.

QUALITY ASSURANCE

Our Quality Analysts performed manual and automated tests to make sure of the quality of delivery and industry standards before we deliver for User acceptance.

Services We Provided

DEDICATED TEAM
CONSULTING
PROJECT MANAGEMENT
DEVOPS
INTEGRATION
SUPPORT & MAINTENANCE

BUSINESS BENEFITS

With control, visibility and automation on asset management keep your assets running properly and in optimum condition to ensure their longevity using an asset management plan. This will not only preserve your assets but save you money in the long run.

20 % Reduction

in inventory carrying Costs

1000 Asset Scan

in less than 30 seconds

1 Man Hour

Save each day.

30% Improved

Warranty recoveries

12–18% Save

using preventive maintenance over reactive maintenance

10% Increased

Asset Life

15% Increased

Asset Availability

12–15% Save

labor productivity

Key Application Features

SELF ONBOARDING

Import assets and related data using CSV import options or DIY with easy forms. With smart steps guidance, set up your facilities and assets as per your convenience.

ASSET SERIALIZATION

With unique RFID we serialized each asset and inventoried them with a bulk scan using RFID readers. Fully Automated and Configurable Asset Scan Points that help keep track of assets.

ASSET TRACKING

With RFID tagged asset it becomes easy to track asset movements when exchanging hands and locations for various purposes. Our solution tracks each movement and every asset transaction are recorded automatically through RFID scanner and the audit trail is generated automatically for future reference.

BULK STOCK TAKE

Bulk update stocktake data lets you enter in all of the on-hand quantity items and then generate an Inventory Adjustment transaction to bring all of the openings on hand. Our solution enabled RFID serialized assets to be taken into stock in bulk using scanners that enabled efficiency and accuracy in handling assets.

ASSET MAINTENANCE

With our solution, you can schedule maintenance on specific assets with specified labor tasks and associated costs and assign them automatically to designated persons. You can also associate relevant instruction files and other documents to the asset.

INDUSTRIAL IOT INTEGRATIONS

Our solution enables connecting with industrial IoT sensors to feed into the automated Asset handling process. Companies can analyze data accrued through sensors to boost time-to-repair metrics. Interconnected ecosystems offer an effective means for relaying asset information so that operations can instantly respond as necessary using mobile-based tools.

BLOCKCHAIN INTEGRATION

Our Solution has the option to integrate with Blockchain smart ledgers to record and store distributed over the Blockchain network. Create contracts and rule-based executions automatically and nearly instantaneous with the help of Blockchain smart contracts.

ASSET VALUATION

Our solution gives you real-time asset valuation. You can get the real-time value of your assets by classifications, categories, and locations.

INCIDENT MANAGEMENT

Whether manual or automated with IoT Sensors, incidents can be logged in the solution which can lead to maintenance work with Improved asset management and maintenance. Incidents can also be converted into problem management and corrective actions as tasks can be scheduled to fix the problem.

PROCUREMENT

The solution features a complete procurement cycle for MRO with workflows and approvals and Stock Level management for auto purchase requisition and orders.

PREDICTIVE & PROACTIVE MAINTENANCE

With Reactive Maintenance, you can take action after the incident has happened but with Proactive and Predictive maintenance you can plan / schedule for maintenance on metered/timed value asset. Using analytics to predict the required maintenance and scheduled to take actions for maintenance. DreamzTech can provide automated maintenance using connected sensors on equipment and provide proactive and predictive maintenance. DreamzTech can gather data from your equipment by connecting IoT Sensors to provide Proactive maintenance through asset life and consumption/usage historical data and provide a forecast for asset maintenance.

Technology Overview

USER INTERFACE:

HTML5

CSS 3

Bootstrap

jQuery

BUSINESS LOGIC:

ASP.Net

MVC5

RESTful API

Amazon Webservices

Amazon Cloudfront

DATABASE:

MS SQL

OTHER TOOLS & TECHNOLOGY:

MS Visual Studio

GIT

JIRA

AppNexus

Enterprise Asset Management (EAM RFID Solution)