This article will explain why cable companies need improved asset management for field assets.
Managing Cable Field Assets with an EAM
The cable industry has a variety of assets ranging warehouse CPE to field assets such as headends, nodes, facilities and other infrastructure components. Warehouse operations makes use of warehouse management system software to handle the constant changes in CPE. Field assets, on the other hand are longer-term assets, requiring asset management from the planning stages through retirement.
Good asset management requires that cable MSOs have a solid proactive computerized maintenance plan as well as the tools required to make analyze the results for better decision making.
EAM and Maintenance Management
Managing assets over their entire life cycle means that the total costs of ownership are considered when purchasing assets or planning asset care. The TCO includes purchase price, expected lifespan, retirement value, the cost of maintenance,
administrative costs for everything from handling documents to vendor management plus energy costs.
It makes sense then that the core of an EAM is a CMMS for maintenance management. The CMMS component will help lower TCO by:
- Streamlining maintenance operations through automation of work management and the virtual elimination of paper flow.
- Organizing and scheduling maintenance activities such as inspections and preventive maintenance.
- Reducing the amount of emergency or unplanned maintenance by having a proactive maintenance plan.
- Lowering labor costs associated with emergency repair or replacement.
- Lowering energy costs. Well maintained machines require less energy to operate. A good example is changing HVAC filters or regular scheduled maintenance onfleet vehicles.
- Well maintained equipment will last longer than neglected assets resulting in fewer capital expenditures.
EAM and Administrative Advantages
EAM systems have the capability to manage documents and vendors. A good EAM will allow any scanable document to be attached to an asset. This may include blueprints, schematics, photos, notes, warranty information and even vendor information.
Computerizing asset documents will sharply reduce the amount of time spent search for documents, making copies as well as reduce storage costs. When vendor information is loaded, asset managers can review vendor performance, compare contracts over multiple locations and eliminate redundancy if necessary
Lastly, the capture of maintenance history can be analyzed to determine which assets will need replacing. Data such as frequency of work orders, results, costs of repairs and so on can be used to project the date when the asset will no longer function in a cost effective manner.