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CMMS - Computerized Maintenance Monitoring System software COSWIN developed by France company, used for tracking maintenance, component life, material management, equipment history, life cycle cost, annual operating cost, labor cost etc. Pros are all the informations available at finger tip.
Cons - Informations are to be fed in the system correctly, otherwise the total system of no use. Flexibility is not there in terms of some adjustment on emergency need.
CMMS / EAM Software is a tool to manage Assets / Equipment
Pros: help Organizations and Investors / Managements to Increase Assets Life time, maintain all Assets, avoid failures, improve maintenance organization effectiveness & efficiency calculate costs, budgeting, forecasting, planning, retrieving data quickly, keep data accurate improve productivity & HSE
Cons: need Management support continuously, Employees resistance, need minimum knowledge of employees to use the software properly
Oracle Apps Enterprise Asset Management software is being implemented for CMMS.It ensures the timely execution of the problem reported and scheduling the preventive maintenance.
Cost incurred on maintenance activity can be tracked individually based on the resource and spare parts used