Asset management

Not the spare capacity that's essential to success; I mean the hidden, unwanted capacity that's a drain on your costs and that's there because of inefficiency.

We're going to hear a lot more about using software that takes an active role in our decision making process.

I’ve written about the Perfect Plant concept before, after digging into it at last year’s SAP Adaptive Manufacturing Summit.

When you examine SAP’s Perfect Plant initiative (there’s an overview in my earlier post), you’ll find that part of the journey to better alignment of production performance with enterprise objectives is concerned with focusing attention on three key areas: asset performance, operational scheduling and planning, and manufacturing execution.

Recently, I attended the SAP Adaptive Manufacturing Summit in San Francisco, CA. From my perspective, one of the more interesting topics discussed, and the subject of several presentations, was the “Perfect Plant” initiative, introduced by SAP earlier this year.