Asset Document Management

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Asset Document Management

Asset Document Management

In a manufacturing set up, large size operation documents play a vital part in operational expenses and management. For example, a cross – section diagram of an equipment may play a critical role in a certain incident of equipment repair. If latest version is not maintained (which includes latest modification details), this repair can be disastrous and may result in longer repair time.

SAP S4HANA provides you in-built solution for robust document management so that latest documents are maintained and can be access at the time of processing the transactions. Example of such documentation with respect to an asset can be:

Asset operating manual
Manufacturer warranty document
Equipment technical diagrams, pictures, video
Agreements (with manufacturer or a vendor who is taking care of AMC)
Any regulatory / compliance related document

Mismanaged documents can lead to large losses of asset health, funds and increased efforts to recuperate other losses. In many industries, documents are a part of the regulatory requirements as well, leading to their increased importance.

Tecxed offers consulting & solution implementation services on document solutions-

By using SAP DMS (Document Management System). This solution offers direct integration options with objects in other SAP modules.
Open Text Ex ECM (Enterprise Content Management).

Frequently Asked Questions

What is asset management in SAP?

Asset management in SAP optimizes physical asset performance. It includes tracking, maintenance planning, and work order management. Streamline processes, reduce downtime, and maximize asset value with SAP's integrated solutions.

Does SAP do asset management?

Yes, SAP provides asset management solutions under the area of SAP EAM (Enterprise Asset Management). It helps businesses track, maintain, and optimize assets throughout their lifecycle. Improve reliability, optimize maintenance, and make data-driven decisions with SAP.

What is SAP document management?

SAP Document Management System (DMS) is a tool within the SAP system that helps businesses store, manage, and retrieve various types of business documents. It provides a convenient and secure way to organize and access business documents, contributing to efficient document management practices within an organization.

What is the difference between SAP EAM and SAP PM?

Assets across industries, such as machinery, cars, and buildings, are managed via SAP EAM. Maintenance of facilities and manufacturing plants is the main emphasis of SAP PM. Both deal with work orders, planned maintenance, and asset tracking. In contrast to PM, which is focused on manufacturing maintenance, EAM has a wider asset reach.