How to Optimize Asset Lifecycle Management Using EAM Software.pdf

Struggling to optimize your asset lifecycle? Without full visibility and proactive management, costs rise and efficiency drops.

This presentation shows how EAM software:
⦁  Manages assets from acquisition to disposal with complete control.
⦁  Automates maintenance and uses predictive insights to reduce downtime.
⦁  Centralizes data for better decisions and compliance.

With Cryotos, turn your assets into a strategic advantage. Start optimizing your asset lifecycle today.

1. How to Optimize Asset
Lifecycle Management
Using EAM Software?

2. Are Your Assets Working for You, or
Are You Working for Your Assets?
Today's businesses face immense pressure:
Maximize uptime and productivity.
Reduce operational and maintenance costs.
Extend asset lifespan and value.
Ensure safety and regulatory compliance.
But disconnected data, reactive maintenance, and
poor visibility create a cycle of inefficiency.

3. What is Asset Lifecycle Management
(ALM)?
Asset Lifecycle Management (ALM) is a strategic
approach to managing an asset's entire journey with
your organization.
It's not just about maintenance; it's about maximizing its
total value from start to finish.

Goal: To make informed decisions at every stage to lower
the Total Cost of Ownership (TCO).

4. Stage 1: Planning & Acquisition
What it is: Identifying the need for an asset, specifying
requirements, and procuring it at the best value.
Common Challenges:
Inaccurate forecasting of needs.
Lack of data on past asset performance to inform new
purchases.
Poor vendor and warranty tracking.
How EAM Software Helps:
Provides historical data on similar assets to guide
purchasing decisions.
Centralizes vendor information and contract management.
Helps standardize asset types for easier management.

5. Stage 2: Deployment & Utilization
What it is: Installing the asset, integrating it into workflows, and
monitoring its performance and usage.

Common Challenges:
Difficult to track asset location and status in real-time.
Underutilization of expensive equipment.
Lack of operator training and documentation access.

How EAM Software Helps:
Creates a centralized digital record for each asset (location,
manuals, usage meters).
Integrates with IoT sensors for real-time performance
monitoring.
Tracks asset usage to identify opportunities for optimization.

6. Stage 3: Maintenance & Repair
What it is: The ongoing process of maintaining, repairing,
and upgrading assets to ensure peak performance and
safety. This is the longest and most critical phase.
Common Challenges:
Reliance on reactive ("break-fix") maintenance.
Inefficient work order management.
Poor inventory control for spare parts.

How EAM Software Helps:
Automates Preventive Maintenance (PM) schedules.
Enables Predictive Maintenance (PdM) with condition monitoring.
Streamlines work order creation, assignment, and completion.
Manages MRO inventory to ensure parts are available without
overstocking.

7. Stage 4: Decommissioning & Disposal
What it is: Strategically retiring an asset when it's
no longer cost-effective to operate, and disposing
of it responsibly.
Common Challenges:
Knowing the right time to replace vs. repair.
Ensuring compliance with disposal regulations.
Failing to capture end-of-life value (resale, salvage).

How EAM Software Helps:
Tracks rising maintenance costs against asset value to
calculate the optimal replacement point.
Maintains a full audit trail for compliance purposes.
Provides data to support capital planning for future assets.

8. THE POWER OF OPTIMIZATION:
TANGIBLE BUSINESS RESULTS
Increased Asset Uptime: Move from 85% to 95%+
availability.
Reduced Maintenance Costs: Cut reactive maintenance
by up to 50%.
Extended Asset Lifespan: Gain 15-20% more life from
critical equipment.
Improved Labor Productivity: Technicians spend more
time on wrenches, less on paperwork.
Enhanced Safety & Compliance: A full audit trail at your
fingertips.
The simple Return on Investment (ROI) can be
calculated as:
ROI = ((Savings from Optimization−Cost of EAM) / Cost of EAM ) * 100

9. Bridging the Gap from Theory
to Reality
Optimizing the asset lifecycle isn't just a strategy; it requires
a powerful, intuitive, and connected platform.
An effective EAM solution centralizes your data, empowers
your teams, and automates your processes.
It turns your asset management program from a cost center
into a value driver.

10. Introducing Cryotos EAM - Your
Partner in Asset Optimization
Cryotos is a modern, cloud-based EAM/CMMS platform designed
to simplify and supercharge your entire asset lifecycle.
Our mission is to give you the visibility and control you
need to turn your assets into a competitive advantage.
We believe that powerful software should also be easy to use.

11. Ready to Take Control of Your Asset Lifecycle?
Stop firefighting and start strategizing. Let us show you how
Cryotos EAM can transform your operations.
Schedule a Personalized Demo Today!

12. Contact Us+91 95000 40414 [email protected] www.cryotos.com India | Singapore | Malaysia | Middle East |
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