Plant and machinery contribute significantly to business value by boosting revenue. Unexpected or frequent breakdowns not only reduce productivity but also incur avoidable expenses. To ensure that a company’s fixed assets are available round the clock and functioning at optimal levels, it is advisable to invest in plant and machinery management software.
What is Plant and Machinery Management?
Infrastructure, construction, and real estate businesses rely heavily on equipment to get their work done. Their plant and machinery can be long-term physical assets or can be rented for shorter durations.
In both scenarios, industries with significant capital investments must prioritize maintenance to ensure a favorable return on investment (ROI). Effectively managing equipment through scheduling maintenance checks and tasks, monitoring fuel and production, and streamlining procurement and billing processes helps extend its operational lifespan and prevents potential breakdowns.
Why is Plant and Machinery Maintenance Software Important?
By streamlining preventive maintenance tasks, managing various equipment, monitoring production, and procuring new machinery, the plant and machinery management software provides many benefits:
Lowers the cost of ownership
Decreases operating costs
Increases productivity
Helps generate more revenue
Reduces downtime
Whether an organization owns fixed assets or rents equipment, a cloud-based equipment management system enables the workforce to easily manage their plant and machinery on a single centralized system that can be accessed by them at any time from any location.
Features of Plant and Machinery Management Software
A centralized system to manage, monitor and maintain equipment is an important investment for construction and infrastructure companies as well as real estate businesses. Companies adopt plant and machinery management ERP software to safeguard their workforce and equip them with efficient tools for optimal safety and performance.
There are numerous methods it can enhance operational efficiency and equipment longevity. Whether users are accessing it through their laptops or mobile phones, the insights provided by a plant management system helps them stay informed on-the-go.
To fully grasp the intricacies of plant and machinery management, it's crucial to comprehend its functionalities and the processes it simplifies.
1. Fuel Management
To enhance fuel efficiency, the cloud-based ERP software monitors typical consumption rates, fuel tank capacities, optimal operational hours or units of measurement, and daily fuel usage for each machine. Daily log books can also be maintained on the system.
2. Machinery Parts
Both plant and machinery, as well as their individual components, can be seamlessly integrated with the ERP system. For instance, companies can manage and maintain the details of tires and batteries for registered assets. The placement and status of the machines or components can be tracked and modified. Their usage can be tracked, and constraints can be imposed on the Unit of Measurement (UoM) readings as required.
3. Transportation and Logistics
It also helps with route planning, vehicle tracking, and managing transportation-related data and bills. The transportation of goods worth more than ?50000 would require an e-Way. Using the plant management system, you can effortlessly create e-way bills.
4. Preventive maintenance and Breakdown Maintenance
Companies can also establish a preventive maintenance plan by specifying tasks and their priority, frequency, due date, and reminder date. The equipment management software facilitates proactive planning for breakdown maintenance by enabling the direct creation of tasks that specify the required actions.
5. Create Maintenance Schedule
The plant and machinery management system enables users to create maintenance schedules for preventive maintenance, which can be based on either time intervals or specific measurements. Additionally, the system generates alerts for both the reminder date and the due date, ensuring that maintenance activities are performed promptly.
6. Procurement
For the procurement of plant and machinery or its parts, users can generate requisition through the system, including machinery and material service requests too. Ready-mix concrete is arguably one of the most critical raw materials for construction and infrastructure projects. Its acquisition can also be efficiently handled using the RMC dispatch note.
7. Maintenance Job Cards
Job card creation can be easily accomplished on the plant maintenance software, for different types of maintenance schedule, including preventive, scheduled and breakdown. Information about the equipment, breakdown, priority, problem definition, reasons and suggestions can be stored on the system.
8. Production Management
From maintaining a list of raw materials and the tasks required for production, creating schedules, assigning resources, to monitoring the daily production rate, a cloud-based plant and machinery management software optimizes production processes.
9. Machinery Types and Renting
Overseeing operations across multiple sites while keeping tabs on equipment is a challenging endeavor. However, machinery management software simplifies this task by efficiently handling various types of construction site equipment, including crusher plants, weighbridges, excavators, and more. Regardless of whether an organization chooses to own or rent their equipment, this system ensures seamless management.
10. Reporting and Analytics
Effective management and seamless operation of equipment rely heavily on data analytics and reporting. The plant and machinery management ERP system provides organizations with critical insights by delivering comprehensive daily production reports, logbook entries, machinery movement tracking, detailed asset information, and demobilization forecasts. These invaluable data points enable organizations to make well-informed and strategic decisions.
11. IoT integration
Lastly, in order to create a truly one-window centralized equipment management system, integrating IoT (Internet of Things) devices is crucial. Integrating IoT facilitates the real-time gathering of data, which empowers predictive maintenance, enhances performance tracking, and optimizes resource management.
Many industries such as infrastructure, construction, real estate, power and energy, oil and gas operate in a highly competitive environment. Plant and machinery become the lifeline of these industries as they enhance their production and operational capabilities.
The ERP software for plant and machinery management offers a robust solution, efficiently handling company's fixed assets while fostering improved communication among stakeholders. Embracing cloud-based ERP is essential for gaining competitive advantage, adapting to evolving demands, and achieving scalable growth over time.
This proactive technology-integration approach not only reduces downtime and maintenance costs for construction dependent industries but also enhances overall operational efficiency. The plant and machinery management system provides managers with crucial insights into the condition and utilization of their assets. This enables them to make informed decisions based on data, ensuring optimal performance and enhancing productivity and competitiveness within the industry.
Write A Comment