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Ramco Enterprise Asset Management (EAM) Solution - Overview
Unplanned downtime costs businesses significant profits, with an estimated $20,000 lost per minute and an annual loss of $647 billion, emphasizing the inefficiencies in maintenance practices. Ramco's enterprise asset management solution on the cloud aims to streamline asset management through a unified platform, reducing reactive maintenance and improving efficiency via real-time analytics and user-friendly applications. The solution offers comprehensive tools for maintenance planning, inventory management, and financial oversight, leading to enhanced productivity and significant return on investment.
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Ramco Enterprise Asset Management (EAM) Solution - Overview
- 1. Ramco EAM onCloud
- 2. Unplanned downtime candrain $20,000 profit loss per minute. 5% of the avg. production is lost to downtime every year Impact: $647bn annually 86% of maintenance is reactive (too late) or preventive (unnecessary) Maintenance department averages about 30% ‘wrench time’; Which leaves 70% time spent on data entry/retrieval, work-order reporting, and other paperwork Source1 | Source2 | Source3 Does your Asset Management need a re-boot?
- 3. Power of One UnifiedEnterprise Solution Platform Innovations for User engagement HUB IT > MAIL IT > THUMB IT > BOT IT Smarter Decision Organization Analysis through a click Dynamic reporting/Data Package Optimization in real time Intelligence with Multi Agent Technology Power it with
- 4. Asset Planning Services Inventory Management Procurement Finance &HR Asset lifecycle management Typical software ecosystem of Organisations Non-standardized processesMultiple clouds Disconnected Planning & ExecutionLegacy Platforms
- 5. Leveraging the latest 6.0 powered by RamcoVirtualWorks® Larger IP on a single Platform Multi tenant Unified reporting Resource Optimization Real time analytics Desktop to Mobile Minimal Programming Intelligence embedded Integrated Suite: Power of One
- 6. Core solution offeringRamcoEAM Analytics eSignature Device Integration SOA Integration / CollaborationMobility Extension Toolkit Advanced Planning & Optimization Data UploadsEmbedded WorkflowAdvanced Reporting Wizard Interface Offline Maint. Enterprise Add-ons HCM Workforce Management Recruitment Employee Development Payroll & Benefits Planning Talent Management Planning & Budgeting Project Definition Project Planning & Tracking Billing Project Closure Project Management Asset Planning Capitalization Insurance Asset Inventory Depreciation Transfer Revaluation Disposal Fixed Assets Equipment Induction & Setup Preventive Maintenance Predictive Maintenance Shutdown / Outage Management Lubrication Safety & Permit Management Real Time Integration (RTI) Reliability Maintenance History Review Std. Procedures & Tasks Maintenance Budgets Inspection & Calibration Warranty & AMC Tracking Planning Folders Fault Reporting Downtime Analysis Work Management Work Logs Maintenance Management General Accounting Receivables Management Fixed Assets Management Management Accounting Consolidation & Reporting Finance & Accounting Grants & Funds Management Planning & Budgeting Financial Services Inventory & Procurement Inventory Analysis & Planning Warehouse Management Physical Inventory & Cycle Counting Subcontracting Supplier Portal Sourcing & Purchasing Inbound Logistics With HCM and Integrated Finance Rental & Lease Management Quotation Lease Order Management Reservations Distribution Lease Inquiry Site Inspection Billing Time Sheet Availability Management Customer Portal Lead Management Rental Rate Table Operator Certification Operator Assignment Outbound logistics
- 7. With complete controlover capital assets – From Commissioning Till Disposal Retire Capital Procurement Supplier Contracts Supplier Payments Asset Installation & Commissioning Fixed Assets Register Equipment Induction Maintenance Programs Work Management Failure Analysis & RCA Maintenance Costing Asset Retirement Proposal Asset Sale/Scrap Asset Planning & Budgeting Asset Acquisition Proposal CONTROL RECONCILE AUDIT
- 8. Application License CAPEX ●AMCs ● Scaling up costs Hardware Costs Servers ● Facility ● Service Desk ● Power ● AMC Implementation Costs Installation Cost Database, Web/App Servers Dev. & Runtime Licenses ● More AMCs Integration Costs Middleware License ● AMC IT Staffing Cost Retention ● Availability ● Recurring Upgrade and Refresh Cost Forced Migration ● More CAPEX Traditional Software solutions
- 9. Leverage Mobility, Cloud &Analytics to transform asset management On Demand Monthly Subscription Pay as you Grow Evergreen & Fresh
- 10. Power of One UnifiedEnterprise Solution Platform Innovations for User engagement HUB IT > MAIL IT > THUMB IT > BOT IT Smarter Decision Organization Analysis through a click Dynamic reporting/Data Package Optimization in real time Intelligence with Multi Agent Technology Power it with
- 11. HUB IT withRamco consolidate multiple screens into 1 powerful USER EXPERIENCE now lets Hub it Get everything you need to know and do @ a single place. Multiple stopovers make you tired before you get to your destination
- 12. Maintenance Planning Hub–To Track & Monitor Work Progress
- 13. Functional Groups Transactional Analytics Insightful Summary Transaction List Common Actions Frequently Accessed WorkDetails Decision Maintenance Planning Hub– To Track & Monitor Work Progress
- 14. User preference settingfor specific data/ criteria option Processing of Individual document Bulk Processing of Invoices View More details on selected document Flexible & Independent Search Quick Payment Info Partial Payment Facility Print Check Financial Hub
- 15. You are amechanic – you are in the plant and you identify a discrepancy – & you need to replace a part Typical scenario • You walk back to the system & check yourself parts availability • Or walkie someone in the storeroom & checks for part availability • The part is not available • You place order for the part and hope for the parts planner actions it immediately Adam Lofgren Time Taken > 30 mins Ramco M&E system Adam Lofgren (Line ME) Find partNew Scenario • Scan the part on your phone • Send an email to locate part • Within Seconds you receive status of part Quantity | Store Location | ETA | WIP parts Time Taken < 1 min MAIL IT
- 16. Totally Unchained..!! Anywhere apps for –Mechanics – Storekeepers – Operators & – Maintenance Manager – Supervisors & Managers (for approval) Anywhere World Mobility for the maintenance ecosystem
- 17. Warehouse Anywhere Map Views StockLocators Full Barcode based Actions Geo-fencing Key features Stock Issue Transfers Track & Trace Stock Inquiry Stock Returns Stock Correction Cycle CountShipments Receipts Tool Crib Ops All at the click of a button Thumb itRamco Anywhere Apps
- 18. Ramco Genie Received arequest for a part ? . . Genie will prompt you with the right supplier based on price time of delivery & supplier rating the optimal quantity for the task in hand any existing open documents . . And will go ahead and prepare the document . . . . . . Prompting for your approval Prompt it
- 19. Genie is Ramco’sCognitive Intelligence tool which takes into account the historical data and suggests users the appropriate action Request Genie For Recommendation
- 20. List of Quotations GenieRecommends: Purchase Order OR Contract OR Quotation Recommended Supplier based on predefined parameters Genie For Recommendation
- 21. List of OpenQuotations for PR User to confirm on the supplier Genie Recommendation- Open Quotations
- 22. Conversational UI -birth of #BOTS Getting your work done involves interacting with multiple presenting BOT IT User interfaces WebPeople Systems This adds a lot of reactionary delays before arriving at a desired response among others Solution? BOT It
- 23. BOT IT –Use Case-Request for Remote Maintenance Support Control Centre, I need someone to guide me on how to install this complex component? Hi Gary, I understand that you are currently servicing a Coolant Engine. But I am not sure on which component you are facing difficulty? I am trying to replace a new model VALVE and the instructions are not very clear and hence am looking for support. I understand Gary. I understand that you have picked up AR Glasses from the Toolkit. Please wear it and enable the App in your mobile phone. I will put you onto James who can guide you on installation steps remotely through glasses – he seemed to be available right now and having certifications on this new model Valve. You would be able to view his comments on your Glasses and you can perform the steps accordingly.
- 24. no screen no app justa chat window to ask what you want Conversational UI - birth of #BOTS BOT It an army of future BOTS getting ready to serve you Maintenance Engineer Inspection Supervisor Mechanic Welder
- 25. Power of One UnifiedEnterprise Solution Platform Innovations for User engagement HUB IT > MAIL IT > THUMB IT > BOT IT Smarter Decision Organization Analysis through a click Dynamic reporting/Data Package Optimization in real time Intelligence with Multi Agent Technology Power it with
- 26. Business users needreal time inputs, not month-end MIS Information at Fingertip regardless of where you are - in the plant, at HO in business review meeting , or with vendors/partners Ramco EAM MES/ PLC / DCS / Telemetry/ SCADA Process Optimization – Ramco iPO Measured Inputs Computed Outputs Ramco RTI middleware Main Plant/Equipment (Sensors and Field Solution) Data captured from field devices flows into Automated Communication tools which is further integrated with Ramco’s platform.
- 27. Powerful Analytics –For Insightful Decision Making • Top Line Stats In Single View • Role based Customization • Facility to drill in to details • Trending Visibility • Interactive Slice & Dice • Advanced Visualizations & Extensions • GeoMap & HeatMap Presentations • Self Service Analytics Mode • Storyboard facility to create presentations
- 28. Powerful Analytics –For Insightful Decision Making
- 29. Pre-Built Reports canbe modeled in required Layout/ Format, for Statutory / Internal Reporting Purposes. Report Scheduler
- 30. Power of One UnifiedEnterprise Solution Platform Innovations for User engagement HUB IT > MAIL IT > THUMB IT > BOT IT Smarter Decision Organization Analysis through a click Dynamic reporting/Data Package Optimization in real time Intelligence with Multi Agent Technology Power it with
- 31. Work PackageBuilding Tool Allocation Line Maintenance Planning Warehouse Capacity Planning Consumption Based Planning Vendor Managed Inventory Optimization Material Planning Work Force Scheduling Maintenance Optimization Warehouse Optimization Workforce Planning Inventory Optimization Shop Floor Optimization Real Time Optimization - Ramco iPO Multiple constraint based complex problem solving almost real time
- 32. a day inthe life of Marc, a Maintenance Planner Typical Scenario 1,000+ Work Orders 500+ Crew/Manpower 2,000+ spares, tools & services Everyday Work Planning Crew Rostering Resource Optimization Spare Parts not Available Engineer on Leave Assigned to wrong personnel Safety Permits not in place Tools Break- down Pending / Due Work Orders Behind each work order execution, resides several complex tasks: • Asset Availability • Work Planning & Scheduling • OHS Compliance In other words, a maintenance planner’s nightmare
- 33. a day inthe life of Marc, a Maintenance Planner Typical Scenario 1,000+ Work Orders 500+ Crew/Manpower 2,000+ spares, tools & services Everyday now Let’s add some variables to this Spare Parts not Available Engineer on Leave Assigned to wrong personnel Safety Permits not in place Tools Break- down Pending / Due Work Orders Behind each work order execution, resides several complex tasks: • Asset Availability • Work Planning & Scheduling • OHS Compliance In other words, a maintenance planner’s nightmare
- 34. Howdoesitwork? Ramco maintenance planningand optimization After Multiple Plant Locations Planning1000+workorders 500+ crew/resources Before Solution for Marc -a day in the life of a maintenance planner Efficient Crew Rostering 0----------------------------------------------------------------12 12 hour shifts x 6 days with operational delays idledelay 72 hours work & repetitive shifts delay Scheduling | Creation & manage permits | crew management & assignment | Crew reallocation Work Planning Manual Automated Scheduling | Crew assignment optimization | Prioritized Crew allocation (based on multiple parameters) 0---------------------------------------------------------------8 8 hour shifts x 6 days zero operational delay 48 hours work & adequate rest Extra rest boosts productivity & safety Parts & Tools planning Unorganized storage leading to more pick- up time & inaccuracy Better planning with greater schedule accuracy
- 35. $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 Y1 Y2 Y3Y4 Y5 Cumulative Investment in New System Cumulative Benefits from New System OHS Compliant Maintenance Crew Rostering Faster Resolution of Issues + = 5x ROI 6x 5x 4x 3x 2x + Higher Customer Delight ActualUse-CaseScenario Ramco maintenance planning and optimization Multiple Plant Locations Planning1000+workorders 500+ crew/resources Efficient Work Planning + + Lower Maintenance Cost & increased productivity Solution for Marc -a day in the life of a maintenance planner
- 36. Innovation at thecore Innovation LabInnovation & Simplification at the Core
- 37. Heading towards 95% automation 5%manual intervention Where are we heading? Presently we are at 60% automation 40% manual intervention
- 38. “ We are proudto extend our R&D capability and anchor it in the heart of Singapore, one of the world’s greatest innovation platforms. In being able to benefit from the combined expertise of two acknowledged MRO sector players, the MRO Lab Singapore will be able to offer in very short order innovative solutions that are likely to deliver real benefits to our clients. - Franck Terner EVP, AIR FRANCE KLM Engineering & Maintenance
- 39. Sandpit for Innovation Co-Fundedby Singapore Government (Economic Development Board of Singapore) Helps Customers Manage Internal bureaucracies Try out new things without paying premium Multi-cultural / Multi-lingual / Multi-domain skills Strong Technological Ecosystem comprising of Universities with brightest minds Technological companies Research Organizations Focus on Innovation: The Innovation Lab
- 40. 10000+ Heavy Equipment/Fleet– including world’s top 2 Crane Rental Companies 4000+ Aircrafts | 39 Airlines | 21 Heli-Operators | 9 MROs A global leader in Aviation M&E / MRO 10000+ Road Transport Fleet managed in real time 100+ Process Plants, including some of the Fortune Companies Ramcohasbeenhelpingassetintensivecompaniesmanageavarietyofassets
- 41. Core Business ApplicationFor Asset Intensive Business Models Manufacturing industries Fleet Maintenance Infrastructure Equipment Rental Power Plant Aviation MRO Core Business Application
- 43. Backed by Investments fromGoldman Sachs, JoHambro among others Part of the $1 Billion Ramco Group 12 patents in enterprise applications space in last 2 decades 21 Offices Worldwide, 1600+ Employees 10X growth in Market Cap in last 3 years
- 44. Norske Skog Australasiareplaces IBM Maximo with Ramco EAM on Cloud to leverage Superior Functionality, Usability, Mobility and Cloud to transform its Asset Intensive business Key Business needs • Replace the existing Maximo EAM and PeopleSoft Financials (versions became unsupported by OEMs) • Bridge functional gaps in Maximo, provide ease of use • Single integrated solution for real time insight, including accurate maintenance costs, part availability across sites • Optimize processes across sites, provide anytime anywhere access to personnel • Use latest technology without the burden of costly and complex upgrade projects • Opex model, with flexibility to ramp up or down as required Solution offered • Ramco Enterprise Asset Management on Cloud with Financials • 650 Users (subscriptions) • Portals and Dashboards • Reporting and Integration Platforms on Cloud • Improved process executions with straight through processing Key Business benefits • Implemented in 8 calendar months against 18 month Maximo and Peoplesoft took • Improved workflows in maintenance – as Maintenance, Project, Purchasing and Inventory, and Finance are all integrated • Vastly superior ease of use – easy transition with no formal change management programs needed • Dashboards and workspaces – role based • Accurate view of cost, part availability, budget utilization, equipment movement , repairable tracking
- 45. CITY FLEET Key Businessneeds • Managing more than 6000 Assets of various departments including vehicles of over 300 models and heavy plants. • City Fleet has got 8 different maintenance work shops distributed in and around of Durban • Core Fleet Maintenance and Integration with JDE,BP Fuel and In-house solution Solution offered • Full ERP for Transportation & fleet management • Core Fleet Maintenance: Tyre, Preventive & Corrective, Warranty • Accident Management (Insurance Claims, Accident Analysis) • Fuel management, Vehicle license tracking, • Hiring & Billing Management (Vehicle Hiring, Billing) • Tyre, management Key Business benefits • Efficient maintenance planning, timely parts replacement • Tight monitoring of Insurance Claims, Accidents, better accountability • Better Fuel & Tyre management leading to reduced expenses • Minimize down time of vehicles through good prediction
- 46. Key Business needs •Improving and streamlining business processes for rental operations • Analysis and insights for ensuring business outcomes • Single integrated solution for real time insight, including accurate maintenance activities and maintenance costs • Optimize processes across sites, provide anytime anywhere access to personnel • Use latest technology without the burden of costly and complex upgrade projects • OpEx model, with flexibility to ramp up or down as required Solution offered • Ramco Equipment Rental Management on Cloud including end-to-end rental operations, asset life cycle management, supply chain • Portals and Dashboards • Reporting and Integration Platforms on Cloud • Advanced reporting and BI • Mobility • Tat Hong Web-Portal integration for customer enquiries • Finance integration for invoicing data with legacy system • Equipment tracking on maps Key Business benefits • Covers rental operations for huge fleet of equipment for their rental operations • Billing methodologies like calendar based, full month based, proration, hour meter based billings to give more flexibility in billing • Improved workflows in rental – as equipment rental, Maintenance, Purchasing and Inventory, are all integrated • Vastly superior ease of use – easy transition with no formal change management programs needed • Accurate view of cost, equipment availability, budget utilization, equipment movement , repairable tracking • Enterprise Reporting Platform to give better insights.
- 47. Key Business needs •To combine all the departments on a single platform, especially finance and operations. • Business processes currently handled by independent systems with extensive manual intervention. • Reliability of information obtained had to be manually monitored • Duplication of data between different departments Solution offered • Supply Chain Management (Purchase, Inventory, Sales) Maintenance Operation (EAM) Finance, Fixed Assets & Equipments Key Business Benefits • Real-time visibility of Key Performance Indices (KPIs) • Better operational intelligence for maintenance of capital intensive assets. • Better operational intelligence for maintenance of capital intensive assets – high Return on Assets (ROA). • Effective financial planning and budgeting-- lower Cost of Capital (COC). • Improved productivity of employees • Established in 2001; it is the largest independent power project in Tamil Nadu. • Current capacity: 330 MW with expansion plans up to 1410 MW. Fuel used: Naptha Gas / Water • Total number of RAMCO system users: 65 • ISO 14001:2004 Environment Management System Certificate
- 48. Immersive Experiences, EnchantedCustomers contact@ramco.com Copyright 2016, Ramco Systems Limited. Information subject to change. All rights acknowledged.