Microsoft Adds Enterprise Asset Management to Dynamics 365 for Finance and Operations

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Company and Product News

Microsoft has announced the acquisition of the rights to offer Dynaway’s Enterprise Asset Management (EAM) and will be making it available natively within Dynamics 365 for Finance and Operations, supported by Microsoft.

The EAM solution will make it easier for customers to plan and predict asset maintenance.  The end result is that users can maximize the lifespan of assets and reduce costs and production downtime, all of which drives efficiencies in maintenance planning, execution, and analysis.  Some of the key EAM capabilities customers will see in Dynamics 365 include:

  • Asset tracking to track asset hierarchies and their locations and manage the complete lifecycle of the asset.
  • Preventive maintenance for tracking, managing, and monitoring the maintenance needs of an asset based on the manufacturer’s recommendations.
  • Predictive maintenance uses machine learning models to enable preventive maintenance based on EAM data.
  • Work order management and scheduling offers the option to plan (automatically or manually) based on key parameters such as worker capacity, availability, or work order criticality.
  • Integrated planning combined with production job scheduling helps with decision-making when machine repairs are needed.
  • Spare parts tracking to effectively manage inventory.
  • Cost control to make it easy to manage the estimated and actual cost of maintenance.
  • Out-of-box insights (KPIs) provide a rich set of analytics to measure an asset’s effectiveness using uptime, downtime, repairs, mean time between failures, mean time between stops, and mean repair time.

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