Understanding Asset Tracking in Infor EAM 8.3: Organization and Functionality

Question:

Hello! I am seeking assistance with understanding the functionality of "track by asset" in Infor EAM. I am particularly curious about how to effectively organize parts and assets within the system. Can an asset consist of multiple parts, or can an asset simply be comprised of a single part? Can I equate a part to an asset and then track the part accordingly? Your help in clarifying these questions is greatly appreciated. Thank you, Best Regards, John.

Top Replies

Did your CMMS provide clear definitions of assets and parts for user guidance? Make sure to consult the CMMS user handbook for more information.

Hey Josh, I appreciate your help. However, our CMMS lacks clear definitions of assets and parts. While it has been functioning adequately with both concepts, we are facing uncertainties as we attempt to utilize this feature. I have searched through several Infor user manuals, but none provide a definitive guide on how to effectively implement "track by asset." Any assistance on this matter would be greatly appreciated. Thank you, JohnSwiss.

Hey John, absolutely, I'd be happy to clarify that for you. Infor EAM's "Track by Asset" functionality lets you manage each asset as a whole entity, which could be composed of single or multiple parts. So yes, an asset can consist of multiple parts. However, it's important to remember that a single part doesn't necessarily equate to a whole asset; usually, parts are components of the asset. The system allows you the flexibility to track assets and their associated parts at the level of detail that best suits your business operations. Hope this helps!

Hey John, good questions! Yes, in Infor EAM, an 'asset' can consist of multiple 'parts', depending on how you want to structure your tracking. For example, you might have 'Engine' as an asset, with 'Spark Plugs', 'Oil Filter' etc. as its parts. With this approach, you can keep a detailed record of when and what part was replaced or serviced. But also, 'part' can be an 'asset' on its own if you want to track it individually. Your approach might be based on how critical the part is, or on the level of granularity you need for maintenance purposes. It's the flexibility of Infor EAM that makes this possible.

Hi John! Great questions! In Infor EAM, "track by asset" allows you to monitor the performance and condition of your assets, which can definitely consist of multiple parts. You can organize parts under a parent asset, creating a hierarchy that reflects their relationship. While a single part can be treated as an asset, they usually represent distinct items rather than interchangeable terms. If you want to track a part like an asset, it’s best to define it clearly within the system and associate it with its corresponding asset for more accurate tracking. Hope this helps!

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Frequently Asked Questions (FAQ)

FAQ: FAQs:

Answer: 1. Can an asset consist of multiple parts in Infor EAM? - Yes, an asset in Infor EAM can consist of multiple parts. You can organize and manage various parts that make up an asset within the system.

FAQ: 2. Can an asset be comprised of a single part in Infor EAM?

Answer: - Yes, an asset can be comprised of a single part as well. The system allows flexibility in defining assets based on the complexity and composition of parts.

FAQ: 3. Can I equate a part to an asset in Infor EAM and track the part accordingly?

Answer: - Yes, you can equate a part to an asset in Infor EAM and track the part individually. This functionality enables detailed tracking and maintenance of parts within the system.

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