Oracle’s Jd Edwards Enterpriseone Asset Lifecycle Management Solution

By Author: Martin Lobo
Total Articles: 355
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With increasing proliferation of new mobile computing devices, remote access to data, rapid installation of hardware and software solutions, frequent system and space redesign, keeping track of the assets of your organization is no longer a simple task. It is now one of the most important strategies a business should adopt, and also a prerequisite for regulatory compliance.

Hence your organization should be able to track your assets efficiently at any point in time and should be well-informed about where your assets are, how they have been configured, and if there are any changes being made to them. Moreover, you should also be able to perform a complete inventory audit without having to check your assets physically or manually. This calls for an effective asset lifecycle management solution such as Oracle’s JD Edwards EnterpriseOne Asset Lifecycle Management Solution.

Designed to help organizations drive greater value from their assets, Oracle JD Edwards EnterpriseOne helps you effectively manage all your assets ...
... whether they are plants, facilities, or equipment. From budgeting and capital planning, to procurement and operations, and to repairs and maintenance, Oracle JD Edwards EnterpriseOne comes a long way in improving return on investment across the entire asset lifecycle and thereby maximizing profitability.

With a wide range of solutions for capital asset management, condition-based management, equipment cost analysis, and resource assignment, JDE EnterpriseOne Asset Lifecycle Management enables you to:

* Make sound asset investment and thus better management decisions at every stage

* Extend equipment life and keep assets functioning at maximum availability

* Match employee skills with specific maintenance tasks and schedule maintenance around operations thus improving labor productivity

* Automate fulfillment of spare parts and supplies, and optimize maintenance, repair, and operations inventories

* Track financial performance of assets by correlating costs and revenue generated with individual key assets

Oracle E-Business Suite is a classic example of how Oracle products clearly cater to the needs of every business. Similarly, in order to make the most of Oracle JD Edwards EnterpriseOne Asset Lifecycle Management solution, you should bear in mind that, you should be able to carry out the implementation effectively. It is therefore important that you opt for the services of an Oracle technology expert with vast experience in the implementation of Oracle JDE solutions. This way you can not only ensure successful implementation of the solution, but also customize the solution as per the needs of your organization. Moreover, an Oracle technology expert can also help reduce the implementation costs by lowering the time required to install JDE EnterpriseOne and effectively managing large stores of information contained within your systems.

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