EAM is defined below: Enterprise asset management (EAM) means the whole life optimal management of the physical assets of an organization to maximize value. It covers such things as the design, construction, commissioning, operations, maintenance and decommissioning/replacement of plant, equipment and facilities. "Enterprise" refers to the management of the assets across departments, locations, facilities and, in some cases, business units. By managing assets across the facility, organizations can improve utilization and performance, reduce capital costs, reduce asset-related operating costs, extend asset life and subsequently improve ROA (return on assets) http://maintenanceforums.com/e...103861/m/44320972073 Isn't SAP an EAM? SAP consist of 3 main divisions ie Logistics, Accounting and Human Resource. SAP PM (Plant Maintenance) is one of the many parts under Logistics, together with Materials Management and Production Planning etc.
An EAM requires an asset registry (inventory of assets and their attributes) combined with a computerized maintenance management system (CMMS). http://en.wikipedia.org/wiki/E...ise_asset_management