Implementing a CMMS: an investment appraisal based on value of data

Marttonen-Arola, Salla and Baglee, David (2019) Implementing a CMMS: an investment appraisal based on value of data. In: World Congress on Resilience, Reliability and Asset Management, 28-31 July, Singapore.

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Abstract

Optimal asset data management would require assessing the value of the data regarding the technical
and business related goals of the organization. However, the value of data, or data as a cost object,
has not been extensively researched. This paper presents a case study on evaluating the value of
data -based profitability of investing in a Computerized Maintenance Management System (CMMS).
The research is conducted in collaboration with a company who manufacture a range of parts for the
automotive industry. Currently the company operates without a CMMS, therefore the implementation
of the CMMS is included in the analysis as a scenario. The results will measure the time used in asset
data management (gathering, transferring, analysing and exploiting the data), and the value of data in
asset management decision making under different maintenance strategies.

Item Type: Conference or Workshop Item (Paper)
Subjects: Business and Management > Business and Management
Engineering
Divisions: Faculty of Technology
Related URLs:
Depositing User: Salla Marttonen-Arola
Date Deposited: 28 Aug 2019 10:42
Last Modified: 30 Sep 2020 10:45
URI: http://sure.sunderland.ac.uk/id/eprint/11059
ORCID for David Baglee: ORCID iD orcid.org/0000-0002-7335-5609

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