The old adage, “You only move as fast as your slowest person,” could apply to a team executing a single project or to an entire company. It is not limited to people; it also can relate to processes and physical assets like equipment. Today’s businesses can’t afford to operate at anything less than optimal efficiency. To avoid the threat of a slowdown, companies with processes that are heavily asset driven must think about enterprise asset management (EAM) in new ways.
A company that has the best combination of machines and people is well positioned to produce at a consistent level. In fact, an alignment of both of those assets allows a business to focus its resources on improving itself without having to worry about equipment failure during a critical time. This 2019 white paper from ASUG and Sigga covers:
- Industry 4.0 and the connected plant
- The expected impact of emerging technologies on SAP-run businesses
- How AI and the Internet of Things (IoT) can help businesses run faster
- How to begin building your own connected plant for the future
Have you upgraded your EAM technology stack, navigated an SAP S/4HANA migration, or solved an operational business challenge through technology or process improvements? Your peers are eager to learn from your experience at the upcoming ASUG Best Practices: SAP for EAM virtual conference on April 13-14, 2021. Submit your presentation abstract for an opportunity to share your SAP journey.