What is EAM?
As the acronym implies, EAM is used to manage assets in a company, which can be a module in an enterprise resource planning (ERP) solution or a standalone product. EAM is also known as computerized maintenance management system (CMMS), or computerized maintenance management information system (CIMMS), and it is a software package used to plan, control, and monitor assets from
fleet management in
software for aircraft and fleet vehicles, which has very similar functionality to EAM. Finally, vendors like Thales combined EAM with product lifecycle management (PLM) software and the result is product and asset lifecycle management (PALM). What Does EAM Do? In a nutshell, EAM should handle maintenance management, work order management, preventive maintenance, calibration management, asset purchasing and inventory management, risk management, inspections, etc. Some vendors offer financial or human