IBM SG24-7645-00 manual Materials Management, Procurement Management, Service Management

7645introduction.fm Draft Document for Review May 23, 2008 10:14 am

Materials Management

Know the details—what, when, where, how many, how valuable—about asset-related inventory and its usage. Materials management functionality records material movements and adjustments, allowing for real-time inventory tracking, reporting and auditing. This module also allows embedded images of an asset to be displayed in the catalog search. You can also use it to:

￿Track inventory transactions to help streamline parts and materials management.

￿Help decrease costs by eliminating excess or obsolete inventory.

￿Help optimize and plan inventory to more accurately meet maintenance demand, making the right parts available at the right location when needed. As a result, you can help reduce stock-outs, inventory shrinkage and carrying costs, as well as help foster economies of scale through shared resources.

Procurement Management

Support the phases of enterprise-wide procurement, including direct purchasing and inventory replenishment. You can provide buyers with more extensive requisition, quotation, vendor, purchase order and contract capabilities, thereby allowing them to plan work more proactively. Maximo Asset Management Essentials easily integrates with enterprise business systems from vendors such as Oracle® and SAP, and also connects to online marketplaces, supplier systems and exchanges. This module provides:

￿Vendor management and vendor performance analysis tools that can help reduce costly off-contract buying, and help verify the reliability of vendors and the quality of inventory and services.

￿Automated interval-based, meter-based or event-driven purchasing capabilities to help you order the right parts and services at the right time, which can improve purchasing efficiency.

￿Global purchasing support that can enable group purchasing savings and efficiencies, and can help lower sourcing costs.

￿Analysis tools and key performance indicators (KPIs) which measure procurement performance such as order processing times, invoice accuracy and order delivery times.

Service Management

Allow end users to submit new service requests, as well as to track and update open service requests. Though service management is provided as part of the enterprise version of maximo Asset Management, the Maximo Asset Management Essentials product does not provide all of this capability.

6Maximo Essentials V7.1 - Implementer’s Guide