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The Capital Asset Management product within JD Edwards Enterprise one is designed to give you a closer look into all your fixed assets. It will provide you with visibility of your assets from deployment through operations, maintenance and retirement. The goal through this system is to give you a true view of each asset’s operational and financial performance, so you can ensure that every capital investment into assets is profitable.
This module is fully integrated with other JD Edwards EnterpriseOne applications, including those designed for the management of labor, procurement, finances, services, projects, and warranties. This will in-turn allow you to put asset management practices in place that will reduce operating costs, capital expenditures, and spare parts inventory, while simultaneously increasing utilization, production and reliability.
The system will give you a complete view of all labor and parts needed for asset management, thereby allowing you to optimize labor and reduce costs associated with overtime and excess spare parts and inventories.
You will also be able to match maintenance and repair tasks to employees. This will take into account availability and skill level of employees to ensure that you are minimizing overtime pay. Capacity and workload tracking will lend itself to reducing overtime, as well.
The system will also allow you to schedule servicing as needed to ensure that you assets are operating at optimal performance. Preventive maintenance schedules based on user-defined usage thresholds will allow you to ensure that maintenance is performed around production needs, as opposed to disrupting production for maintenance. Examples of the user-defined thresholds for usage include: meter readings, hours used, miles driven, fuel used, specific dates, or time intervals.
Finally, failure analysis will allow you to see how and why assets fail. This will then allow you to ensure that your assets are operating at peak levels and avoid failure in the future.
"Capital Asset Management" is part of the JD Edwards EnterpriseOne line of products, developed by Oracle.
JD Edwards EnterpriseOne is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.