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SAP process "No need for research" - Essay Example

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While energy industry requires a wide range of assets to be involved in its production, processing, refining, transportation and distribution, it is critical to most companies in this sphere to maximize asset return through design, operations, maintenance and decommission…
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SAP process "No need for research"
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Download file to see previous pages ing is necessary for reduction of complex plant maintenance processes and includes several levels, which do not necessarily have to be implemented in full. The duration of such process execution depends on the number of employees involved in it and the complication of each of its steps.
Asset Lifecycle management ensures the effective maintenance process. It starts with the identification of the need of the product or service whether from external or internal sources. The business should determine where to obtain the product and consider the suppliers in order to determine the necessary product for business. All this information along with the price and terms of exploitation are necessary to create the Purchase Requisition. After the responsible person specifies and defines that the price, specifications of the product and its terms and conditions are appropriate for the company, one does the Release of Purchase Order and the goods may be delivered to the company. The Purchase Order is usually delivered by fax or email with specification of purchasing documents. For every company it is important so the purchased order was delivered in time and for the supplier the payment was made as agreed and the work was completed for both sides. The stage of Goods Receipt means that the product is delivered and the recipient accepts or rejects the purchased item. During the period of discussing price and terms of exploitation of goods, the question of Installation or Putting into service are agreed. This means, that the supplier is responsible for installing of the purchased product, as well as service operation at purchaser request. By scheduling maintenance plans, asset lifecycle management forms orders and notifications for the proper work. The Preventive maintenance program should include the equipment condition monitoring which track the difference between the performing scheduled updates and a breakdown. Preventive maintenance is served for identifying a bigger problem. ...Download file to see next pagesRead More
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