Bom Asset Management and Plant Reliability

An Asset BOM (Bill of material) is the list of major and minor spare parts for an equipment. Most Computerized Maintenance Management Systems (CMMS) or Enterprise Asset Management (EAM) systems have the ability to store and manage Asset Bills of Materials (BOMs) for the equipment/assets, so the maintenance team can quickly and easily identify the spares for a specific equipment.

All asset-intensive industries, such as oil and gas, mining, food & beverages, pharmaceuticals and chemicals benefit significantly by having well-documented Equipment BOMs. With the help of a reliable Equipment BOM, one can effectively map spare part ordering codes to an equipment, define reorder levels, determine consumption patterns, analyze equipment maintenance costs – all of which help ensure the plant maintenance is run efficiently, leading to improved reliability metrics.

Bom Management

Our BOM management services enable you to understand your equipment and spare better, so the maintenance, procurement and operations teams have the required data points to make intelligent and strategic decisions.

Benefits of an Asset BOM and Bom Management

Establishing Equipment BOMs in your CMMS/EAM system has multiple benefits, of which the key ones are around improved reliability, reduced costs and enhanced efficiency. Some of the specific benefits are:

  • Reduce turnaround time for maintenance activities
  • Improve breakdown response capabilities
  • Minimize wastage of maintenance team man-hours
  • Ensure availability of critical spares
  • Understand spares consumption patterns, optimize reorder and inventory levels
  • Analyze and optimize equipment maintenance costs

Talk to an Asset BOM Specialist today!

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