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Description
Transitioning from conventional frameworks, AssetMetric emerges as an innovative solution tailored for Asset Managers, equipping them with a comprehensive toolkit that safeguards critical business operations and reveals optimization prospects. One of AssetMetric's key advantages is its centralized data repository, which facilitates gradual business growth essential for cultivating sophisticated Asset Management strategies. Furthermore, AssetMetric aligns with Board-level goals by supporting strong Corporate Governance and Compliance measures. It effectively identifies significant Risk Types while also managing comprehensive Change Management strategies for Risk Mitigation, which are essential for configuring existing ERP/CMM systems. By transforming foundational data into an advanced model, AssetMetric enhances the optimization of PMs, Inventory Insurance Spare, Inventory, and Resource needs, all while considering Downtime Costs and associated Risks. Moreover, it empowers advanced business decision-making through insights derived from Life Cycle Costs that take into account variables such as Carbon, Water, and specific Energy expenses, ultimately driving sustainable business practices. This holistic approach ensures that organizations are well-equipped to adapt and thrive in a dynamic market environment.
Description
Striking a balance between operational efficiency and expenses seldom hinges on the adoption of expensive inventory management systems, which tend to yield only minimal benefits. Expenditures on spare parts should align with the expected performance standards of other investments. A solid business rationale for the procurement or modification of spare inventory must illustrate how the selected range and distribution of components reduce costs while achieving a justifiable level of operational performance. VMetric's optimization engine utilizes marginal analysis methods within system-based models to refine spare part selection, focusing on components that enhance availability at the lowest possible cost. By harmonizing expenses with overall system performance rather than treating parts in isolation, VMetric achieves results that lead to well-functioning systems rather than simply well-stocked shelves, ultimately enhancing operational productivity and efficiency. This approach ensures that businesses can maintain optimal performance without unnecessary financial strain.
API Access
Has API
API Access
Has API
Integrations
Altair Knowledge Hub
Informatica Persistent Data Masking
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Paradigm Designs Software
Founded
1990
Country
Australia
Website
www.parasoft.com.au/software-products/assetmetrics/
Vendor Details
Company Name
TFD Global
Country
United States
Website
tfdg.com/vmetric/
Product Features
Fixed Asset Management
Asset Budgeting
Asset Lifecycle Management
Audit Trail
Barcoding / RFID
Depreciation Management
Disposal Management
Document Management
Inventory Tracking
Tax Management
IT Asset Management
Asset Tracking
Audit Management
Compliance Management
Configuration Management
Contract/License Management
Cost Tracking
Depreciation Management
IT Service Management
Inventory Management
Maintenance Management
Procurement Management
Requisition Management
Supplier Management
Product Features
Inventory Management
Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management
