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This article will explain why Mintek’s Transcendent makes a good Enterprise Asset Management (EAM) Solution for Amusement Parks.

Stagnant Amusement Park Growth During Recession

U.S. amusement parks attract over 330 million people a year and provide relief from the stress of normal day-to-day activities. Over the last decade they have generally enjoyed modest growth, however the impact of the current recession has placed the industry in a stagnant growth mode.

“… the numbers and the economy are pointing to lower attendance in 2009. The decline looks as though it will last the majority of 2009 with some possibility of recovery by the end of the year or early 2010”

Source: Edward Shaw, ERA Senior Associate, Themed Entertainment Association

Lower attendance means less revenue as consumer are reluctant to pay higher admission fees. To increase profit margins more attention must be made to efficient and cost reducing maintenance activities.

Intelligent Maintenance Decisions

Lowering maintenance expenses to increase the bottom line without proper planning is an invitation to liability exposure through negligence claims and will result in a negative public image.

An effective method of reducing maintenance expenses is to implement an Enterprise Asset Management (EAM) system. When used properly, an EAM tracks assets, schedules work orders, schedules inspections and preventive maintenance and tracks the maintenance history.

These actions result in reduced amount of reactive maintenance, lower labor costs due to increased work order flexibility, and better more accurate capital planning. The intangible benefit is the lowering of liability from negligence claims as all work order history is now documented.

Additional Efficiencies Achieved Through Mobile Handheld Devices

Integrating Transcendent’s handheld features will provide for provide additional efficiencies as all work orders, inspections and repairs are input and displayed via the web without the need for a paper based system. Keying in maintenance information into a computer from paper is virtually eliminated which also reduces the paper and administrative costs of maintenance operations.

You might like our blog which covers asset management & maintenance management.