Key Features of QAD Enterprise Asset Management

• Assist project engineers in bringing projects in on-time and within budget
• Improve equipment reliability, thereby increasing production performance and lowering cost
• Manages assets from inception through operations and replacement
• Manages MRO inventory to right size inventory levels while ensuring that critical spare parts are available when needed
• Supports MRO (non-production) purchasing to improve sourcing and fulfillment efficiency

Project Accounting and Control

• Real-time visibility to liabilities and commitments
• Track capital, expense and customer-funded spending
• Trigger milestone payments based on Suppliers schedules
• Trigger Sales Order (SO) shipment and invoicing in ERP
• Electronic routing authorization workflow
• Control spending against projects based on approved budget
• Spending alert notification based on budget threshold
• Break projects and budgets into sub-jobs for easier management
• Reallocate budgets from one project to another

Plant Maintenance

• Schedule both preventive and predictive maintenance
• Integrate to QAD manufacturing modules, triggering maintenance based on actual production volume
• Enable production department to create electronic service requests
• Manage equipment reliability through failure and repair analysis
• Measure Mean Time Between Failure (MTBF) for production and tooling assets
• Integrate with Microsoft® Project for work order scheduling
• Analyze equipment repair costs for labor, material and contractor expenses
• Integrate drawings, videos and URLs into equipment work orders

MRO Inventory

• Replenish stock automatically based on min/max levels and reorder point
• Manage both vendor-purchased and internally fabricated items
• Manage consignment inventory
• Stock out alert notification for inventory shortages
• Create and manage company catalog for stock and non-stock items
• Manage supplier price schedules for individual items
• Track, identify and transfer parts across plants
• Track serialized inventory and repair history
• Reserve parts in advance to ensure critical part orders are filled

MRO Purchasing

• Track all indirect purchasing activities, including stock and non-stock parts and contract service work
• Utilize electronic requisition routing approval based on individual spending limits
• Evaluate vendor performance
• E-mail notification on requisition approval, due date changes, and purchase order receipts
• Manage vendor quotes
• Monitor budget compliance