Asset Management is one of the most important feature at any CAFM system and needs software and equipment to work effectively and efficiently.You can get the maximum value of asset management using the equipment, human knowledge and our industrial CAFM system.These are the best practices that are considered the cornerstone for an asset management program’s success.Improve and Automate Data CollectionIt is necessary to automate data collection rather than depending on manual data collecting methods such as paper entries on clipboards. If you are still using the old version of work orders and data collection, the whole process of collecting data will suffer automatically.You can improve the automation and collection of data by using different and variety of ways. One of them is integrating a computerized-Aided Facility Management (CAFM) to provide a work order system that ensures easy access to work orders and other information from all work locations.Utilizing real-time asset predictive maintenance is another solution of data collection that includes descriptions of potential causes and recommended corrective actions for each situation.Invest in A Maintenance And Asset Management SoftwareNowadays most facilities have a wide range of software solutions for their business. Our system, IMS CAFM system has the efficient to provide asset management in Kuwait and other countries.Selecting a software package is the most important factor to consider when supporting your most critical requirements. A strong asset management system, like a powerful IMS CAFM system, that finds and fix small problems before they grow into frustrating, budget-busting failures.Prioritize Safety Awareness And PreparationAt any facility or company, safety should be a top priority for its employees. It is necessary to keep assets at your facility in good working order and be attention to detail and a dedication to ongoing development.Setting up a system for assessing procedures and making adjustments will help guarantee that all assets are properly identified, inventoried, and tracked. It can also put the work orders priorities to establish roles and duties for all employees who interact with assets around the facility.Giving Priority to Your Most Critical AssetsIt's easy to treat all of the assets in the same way with the huge number of assets that a typical facility manages. However, it is industry standard to devote extra time and energy to assets that are deemed especially vital, hazardous, or valuable.IMS CAFM system is committed to providing you with the efficient asset management software in Kuwait. Our asset management system in Kuwait giving you the access to add equipment repair histories in addition to monitoring the profile of all assets in your facility with data such as model and serial numbers.We are here, at CAFM IMS system, works effectively to make asset management system in Kuwait more easier for you.
FIFO Vs. LIFO in facility management system are the most common methodologies in inventory management. These two models are one opposite another in meaning and in the methodology of work. This means that FIFO is an abbreviation for First In First Out and LIFO is an abbreviation for Last In First Out.In this article, we will know more about these two methodologies in facility management; the definition, advantages for both of them.The definition of FIFO:FIFO is an abbreviation for First In First Out and it is a system for managing inventory that works as first in first out system. The system works on saving the recent products received until the last product in the inventory has shipped or used.The Aim of FIFO:The goal of FIFO at inventory management system is to ensure the oldest products in the inventory to be used firstly and to reduce costs associated with obsolete inventory.Advantages of Using FIFO in Your WarehouseUsing FIFO system at your facility helps your facility a lot to manage the inventory. First of all, which is one of the most significant advantages is using using first in, first out in your warehouse.Warehouse inventory helps your facility to solve all your facility’s problems with the changes costs of inventory, up and down costs.Using FIFO at your company, your inventory bottom line will be approximate nearly to the current market value.Other advantages of using the FIFO method is its ease to apply at your facility whatever your company size whether it is large or small. Also, its acknowledgement of the fact that companies cannot manipulate income by choosing which unit to ship.Disadvantages of Using FIFO in Your WarehouseBecause prices have risen nearly constantly for years, the FIFO method can make it appear as though your company has a greater cash flow than it does.One of the most dangerous disadvantage of using FIFO that can affects negatively on the company and its warehouses is that it typically fails to show the accurate amount of costs when material prices increase rapidly.Company’s costs that used for months or years do not help managers’ facility to determine the exact issues of cost quickly. Furthermore, most companies also miss out the tax advantages of LIFO.Another disadvantage of FIFO is using it on paper, that companies are making a larger profit than they are when they are using data and costs on paper than software.On the other side, there is another definition in facility management system which is LIFO.The Definition LIFO:LIFO is an abbreviation for Last In, First Out is and it is a contrast to the FIFO system. LIFO is a system for managing inventory that works where the products with a low turnover rate, since it is the process used to sell or ship products manufactured or stored later first and those that are manufactured or acquired early last.Advantages of Using LIFO in Your WarehouseCompanies that use the last in, first out method gain a tax advantage because the method assumes the most recently product in the inventory is what is sold.As inflation continues to warehouse, LIFO produces a higher cost of goods sold and a lower balance of leftover inventory. The higher cost of goods sold results in a smaller tax liability because of the lower net income due to LIFO.Disadvantages of Using LIFO in Your WarehouseLIFO is more difficult than FIFO in maintaining because you can face some obstacles for never being ship or sell the products in inventory. It is not recommended to use LIFO at your company if you have perishable products on the shelf that may expired nearly before they are sold or shipped.Another disadvantage of using LIFO is more complex in records and accounting practices because the unsold products of inventory costs do not leave the accounting system.LIFO is not considered the ideal method for businesses expanding globally because a number of international accounting standards do not allow LIFO valuation.FIFO Vs. LIFO in facility management system is an important methods to be used in your inventory's company. there is Pros and Cons in using FIFO and LIFO so you need to be careful with when you are using it at your facility.
CAFM IMS is providing The Complete Guide to Preventive Maintenance System. Preventive maintenance (PM) is a scheduled maintenance system performing regularly whether it is weekly, monthly, or yearly. Preventive maintenance system helps to prevent unexpected failures in the future. Put simply, it’s about fixing things before they break and this the main point of it.IMS CAFM is one of the best companies in the middle-east in providing preventive maintenance system for organizations and facilities.In this blog, we will know everything about preventive maintenance (A - Z); how does it work, its types, benefits, examples, and the difference between preventive maintenance and predictive maintenance.How does preventive maintenance work?Software and technology is designed to run preventive maintenance system at any facility and helps produce stable operations, ensure compliance with warranties and resolve issues impacting production before they happen.Preventive maintenance is regularly and routinely performed on physical assets to reduce the chances of equipment failure and unplanned machine downtime and this kind of processes can be very costly for maintenance teams and facility managers.A preventive maintenance strategy is a commonly used strategy that falls between reactive maintenance and predictive maintenance. A preventive maintenance task is performed while the equipment is still working to prevent unexpected break downs.Types of preventive maintenance:Preventive maintenance has 4 main types, you will notice that the 4 types are the same and has the same function with different names. Actually, it’s not like what you think at all. Each type has different options with different functions. Let’s discover the 4 major types of preventive maintenance.Predictive maintenancePredictive maintenance is a process of scheduling corrective maintenance before the break down happened. The maintenance team needs to first determine the problem or issue of the equipment in order to estimate when maintenance should be performed. Then the manager or the man who is responsible for maintenance will schedule tasks in order to prevent unexpected equipment failures.Prescriptive maintenancePrescriptive maintenance doesn’t just show that failure is going to happen and when, but also why it’s happening. Perspective maintenance helps your facility to analyze and determine different options and potential outcomes, in order to lessen any risk to the operation system.Time-based preventive maintenanceCalendar or time-based preventive maintenance means that the maintenance schedule is designed according to the system; time and place and based on a calendar interval. Actions of this type of maintenance is triggered when the due date approaches and necessary work orders have been created.Usage-based preventive maintenanceUsage-based preventive maintenance is about the actual utilization of an asset for each facility. Usage-based preventive maintenance takes into account the average daily usage or exposure to environmental conditions of an asset and uses it to forecast a due date for a future inspection or maintenance task.In this article, we have provided the Complete Guide to Preventive Maintenance System so that you can use it as a reference once you have applied the preventive maintenance to your facility or company.
How Work Orders Management at CAFM system solves these problems by using a centralized database that lives in the cloud. This allows it to be accessed via the CAFM anytime, anywhere. As everyone is using the same data set, which is updated in real time, no one gets left behind.When data is generated, shared, and safeguarded via old paper methods, it is difficult to keep it secure and managed. There are a lot of ways that these papers can be stolen or lost.So the CAFM system comes to solve this problem by making a database set to manage work orders for each facility.How CAFM system help your facility in work orders?Most facilities around the world ignore the role of work orders at their facilities or business. To be honest, the work order system is an important element for any facility in the world. If you lose the control of your own work orders, you will completely lose control of the whole process.The core for any CAFM system is really work orders and preventative maintenance. At the end of the day CMMS set new orders for a Maintenance Management System so that technicians and managers know exactly what to do and when.The CAFM system is considered as an alternative automated workflow to implement a form of Facilities Management Software, which could be a revolution of the way work orders are organized and managed.It also enables employees to input routine maintenance requests and tasks themselves through an online portal or by sending an email to a dedicated inbox. From there, a CAFM system automatically converts the information into a task or order.This means that all work orders are captured in one centralized system, where facility managers and maintenance teams can take the required steps to resolve each order.Work orders need a successful system to manage the process of maintenance for any company or business and this will help you to follow and track the process of maintenance and management.One of the most success company in creating the best CAFM system is Intelligent Management (IMS). It is one of the most leading companies in this field that create a special system for your facility.
Nowadays, most modern workplaces and businesses in our world today require modern solutions to their classic problems and these solutions need mobility and flexibility.So, CAFM system comes to fix all of theses problems and obstacles to improve workflow, productivity and profits.Using CAFM system for your facility nowadays makes your facility distinguished from other facilities because of its compatibility.In this article, we will talk about the reasons to implement CAFM system at your company or facility.IntegrationFacility management system providing an easy-to-use interface for users to help them reduce the learning curve. This mean you don't need to learn or have experience to deal and work with CAFM system.Intelligent Management (IMS) company afford CAFM system, implement this system for your business, and do the integration process with third parties such as leading building management systems (BMS), external health and safety registers, HR, and financial system.AccuracyLogging information on spreadsheets is a simple way to manage workflow on a small scale, but if you have a big or large environment or business you cannot handle with spreadsheets. It provides little consistency in data capture and reporting, but it has the risk of significant data security.Implementing CAFM system from Intelligent Management (IMS) will accurately capture, monitor and report on your assets and services, improving communication, performance and costs.CostThrough improved access to information, facilities managers can also manage their resources more efficiently. For example, having a regular maintenance plan to extend asset life and monitor performance against SLAs will help you to ensure deadlines are met and penalties for non-performance are avoided.FlexibilityThese systems that based on cloud allows you and your facility to have full access for your system easily from any device. Once you implement CAFM system for your facility, this will make distinguished from other facilities.Implementing CAFM system granting you a continuous and accurate record for workflow of your company. You can have access for uploading information, pictures and even sound clips from jobs to the central database, to managers allocating jobs instantly.If you want to implement CAFM system will help you to manage employees and work staff relationships between each other at every modern workplace.Implement CAFM system at your facility from IMS CAFM system makes you distinguished from other competitors, more accuracy, lower cost, flexible with any device, and integrated with third parties.
Guide for CAFM System in today’s business environment has a lot to offer but only when it is operationalized in a best strategic and operational way that ensures its multiple capabilities are captured, so that the business of Computer Aided Facilities Management (CAFM) and the core of its specialization is to know when, how and why technology is used to get the maximum benefit possible from it.CAFM is an abbreviation which stands for Computer Aided Facilities Management and it is about applications and electronic software that helps business management to ensure that their buildings and structures are working good and perfect so that users and customers become comfortable.In this article we present the complete guide for CAFM system from IMS CAFM system which is the best and amazing CAFM system for your company or facilityThe purpose of using the CAFM system includes:Using the CAFM system helps the facility manager ensure the assets of your organization are fully utilized. It makes your costs teach to the lowest level and provides benefits to every phase of a building's life cycle.Administrative, technical, infrastructure, and strategic planning tasks are supporting operations and strategic facility management, which includes all the operations that are related to the facility management.How Does CAFM System Work at Your Facility?Facilities management software helps you to use the available space and maximize the functional efficiency. This type of business helps managers track, manage, and report up-to-date about business operations at their facility.CAFM system includes the creation and utilization of Information Technology that is based on its systems.Benefits of Using CAFM System:More SafetyCAFM systems help building managers to track all kinds of safety roles, which cannot be done without equipment malfunction. You can implement new or improve existing safety procedures and make other necessary changes.Cost savingsOnce you are using the CAFM system in your building or facility, costs and prices will be lower than if you have facility maintenance separately. You can use the CAFM system to save the cost of maintenance and this will help you to track and have full information about your facility.Data of facilities and buildings in one placeIn the CAFM system, all of your data is collected and kept in one place, a special platform. Every business, facility, building or any structure has its own data. Once it is needed, you can get access to all of your own data. This will help in CAFM system track and manage the maintenance.Indeed, the use and activation of appropriate technology via facility management technologies is to ensure environmental standards and ensure that life cycle costs of the facility are consistently optimum levels.Intelligent Management (IMS) company can afford the best and amazing CAFM system for your company or business that you can use to solve your problems and make your costs lower.