M-Files Mobile Access – eSigning

M-Files Mobile Access – eSigning

M-Files Mobile Access enables businesses to maintain compliance outside of the office. The eSignature capability integrated into M-Files allows for regulated businesses to approve and monitor processes even from a mobile device. M-Files enterprise content management (ECM) solutions transform how businesses manage, secure and share information with a unique metadata-driven approach that organizes and processes content based on what it is, rather than where it resides.

For more information, email us at info@edms-consultants.com or call us directly at (603) 7451 5696

Introducing Our New Partners for Enhanced Materials Management & Critical Spares Inventory Optimization – Oniqua

January 2017

Introducing Our New Partners for Enhanced Materials Management & Critical Spares Inventory Optimization – Oniqua

Oniqua’s primary mission is to help our customers make smarter, more informed decisions, and to optimize asset-related performance across their MRO activities. Oniqua has partnered with industry leaders that deliver complementary technologies and services to help make that mission a reality.

Oniqua Intelligent MRO (maintenance, repair, and operations) cuts cost and mitigates risk for some of the world’s largest energy and resources companies. Our cloud-based technology platform, combined with expert consultation and masterful data collection and analysis, makes advanced analytics simple and accessible. It eliminates the need to hire in-house analysts or struggle with dirty data. Oniqua customers rapidly reduce cost, waste, and risk while achieving greater service levels through increased efficiency.

EDMS Consultants has many years of experience in providing comprehensive Data & Document management solution and services.  At EDMS Consultants, our business goal is to help our clients have sustainable competitive advantage due to increases in Productivity, Profitability and Resilience.

We specialize in the Asset Intensive Industries and focus our solutions on their business drivers, i.e. streamlined business processes, cost optimization, better business planning, improved efficiency and productivity which translates into improved operational visibility thereby improving business performance initiatives.

Contact Person:

Raudha Salvador

Marketing Manager

Tel: +603 7451 5696

Email: raudha@edms-consultants.com

Overcoming five key challenges of inventory optimization

Overcoming five key challenges of inventory optimization

Optimizing inventory is about more than MIN/MAX

On the road, listening to clients and other MRO professionals, the big topic on everyone’s mind is reducing costs while improving service levels. The point is there’s much more to optimizing inventory than min/max levels.

It turns out the biggest MRO inventory challenges are fundamentally the same and faced in some form by all asset intensive companies, in every industry:

  • Defining criticality – what’s critical, what’s not, what equipment is it supporting
  • Segmenting MRO inventory
  • Managing obsolescence – proactively
  • Forecasting demand for slow / moderate / lumpy demand items
  • Improving collaboration with business units (their internal customers)

Getting it right takes more than a “gut feel” approach supported by elaborate spreadsheets. ERP and EAM systems, primarily transactional in nature, have the data you need but lack the capabilities to analyze and package it appropriately. Effective management of MRO inventories seems near impossible.

And that’s just the beginning. Once you’ve optimized your inventory, continuous actions are required to ensure optimal levels are maintained.

The fact is, it is possible to achieve and maintain inventory optimization, and the benefits are very real. With a structured methodology and powerful analytical tools, MRO professionals can improve performance and reduce costs. And that helps create value for the enterprise.

MRO analytics solutions like Oniqua Analytics Solution (OAS) allow you to address the five big MRO inventory optimization challenges:

  • Define what’s critical – Consider the costs resulting from a stock-out situation. What’s the business impact of a stockout? What are your work-around options? You need visibility to “where used” – even if there is no bill of materials (BOM) – and an accurate criticality code for each item.
  • Inventory segmentation – Establish inventory control segments and set unique strategies for each. Consider work-around options, obsolescence management and alternatives to on-site inventory such as consignment arrangements, on-demand approaches and pooled inventory for high cost, high critical spares. Segmentation helps ensure that appropriate policies are applied consistently.
  • Manage obsolescence for investment recovery – Why bear the cost of holding obsolete inventory? With visibility to upcoming or recent obsolescence of equipment, ECOs and related materials, you can identify materials related to obsolete assets at the moment of change – not years in the future.
  • Forecast demand for slow / moderate / lumpy demand items – This is critical for optimizing MRO inventories, which are typically 90% slow or irregular-demand items. Special logic is needed to predicting material use for slow moving and “lumpy demand” spares.
  • Improve collaboration with business units  And it all needs to be well-coordinated and integrated with supply and maintenance-teams-can-avoid-the-top-osha-violations/” >maintenance teams. That’s why support for business unit collaboration is a key element of successful MRO optimization.

Always remember that optimization is a journey, not a destination. Today’s leading MRO organizations are already looking at the next step in the MRO optimization journey: true collaboration across MRO functions and activities. That’s certainly something we at Oniqua see our customers doing with our solutions, regardless of what industry they’re in: analytics-based MRO optimization definitely has positive effects on asset-management-services-malaysia/” >asset performance and cost management.

 

Banking 2020 – Technology Disruption in Banking

Banking 2020 – Technology Disruption in Banking

How would you like to transact with your bank in 2020? On vacation – relaxing on a beach, from your home or on the go? Most of us would prefer all three where time, place and medium don’t matter. Today, Banks are adapting to changing consumer behavior and are focusing on building new channels for interacting and transacting with them. The millennials in particular prefer banking anywhere, anytime and is therefore demanding innovative methods for availing banking services.

For more information contact us : www.edms-consultants.com

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