CMMS Reporting and Dashboards
Users can also utilize CMMS reporting features to make critical decisions related to asset management, such as equipment replacement. Although an asset may have reached its estimated lifespan, for example, it could continue operating for years to come as a result of effective maintenance management practices. A maintenance manager could determine this by analyzing asset reporting data, and then opt to use funds allocated for its replacement toward other business expenditures.
A maintenance dashboard allows users to track key performance indicators (KPIs) in real-time. Keeping tabs on an organization’s most important KPIs helps management spot trends and identify areas for improvement. For example, an asset with a high mean to time failure (MTTF) could indicate it has a defect. Management can quickly determine the right course of action to get an asset (and production) back on track. The ability to access each asset’s warranty information, stored within CMMS software, also proves beneficial in processing claims and recouping costs.