THE ONLY ASSET LIFECYCLE MANAGEMENT SOFTWARE WITH FULLY INTEGRATED FINANCIALS, HUMAN RESOURCES AND PROJECT MANAGEMENT CAPABILITIES

cockeysvilleuterusSoftware and s/w Development

Dec 2, 2013 (3 years and 6 months ago)

136 views

IFS EXECUTIVE SUMMARY



T
HE ONLY
ASSET LIFECYCLE MANA
GEMENT

SOFTWARE
WITH FULLY INTEGRATE
D
FINANCIALS, HUMAN RE
SOURCES

AND
PROJECT MANAGEMENT

CAPABILITIES


Delivering basic utilities to the world’s population is
one of this century’s most compelling issues. IFS
Applications for Energy & Utilities encompasses enterprise planning, operations and asset management
,

combined with capital

projects, supply

chain and service functionality. The result is an integrated suit
e,
relevant from facilities engineering and construction through operations, maintenance and eventual
retirement.




IFS is the only broad business enterprise vendor that
originates from an asset

management solution for utilities.
Energy and util
ities remain an IFS primary segment, with
implementations in every major global region. The
enterprises involved include some of the world’s largest
power generation, transmission and distribution companies.
IFS Applications supports asset infrastructures
critical to
quality of life for millions of people.


THE SUM IS GREATER T
HAN THE PARTS

IFS
Applications
is a richest
-
functionality solution that
addresses industry challenges by supporting every phase of
the asset lifecycle, including infrastructure planni
ng,
development, engineering, construction
, c
ommissioning

and
ongoing operations and maintenance
. Our
capital

projects,
enterprise resource

planning (ERP), enterprise
asset management (EAM), service and supply chain management solutions can be applied as standalone
solutions, integrated with an existing corporate enterprise system, or provided as part of a comprehensive
IF
S Applications deployment.


ASSET DESIGN AND CAP
ITAL PROJECTS MANAGE
MENT

It’s no secret that i
nformation management has become an important issue
for those engaged in
capital
construction in the energy & utilities industries.
T
remendous expense follows fr
om having stove
-
piped
systems for tracking
successive
project stages. Addressing this challenge can be a significant contributor to
the
p
rofitability of
a
productive asset
. IFS Applications serves as the system of record

from planning,
design, and construc
tion to operations and maintenance (O&M
)

furnishing stakeholders with consistent,
accurate information.



COMBINES DEEP FUNCTI
ONALITY WITH EASE OF

USE

Utilities need integrated asset and financial management to drive better decisions.
What’s more, e
quipmen
t
monitoring advances, predictive maintenance and
reliability
-
centered maintenance bring structure to asset

management programs, improving reliability
, ensuring adherence to safety and environmental
r
equirements

and reducing costs. Maintenance efforts are
better directed and inventory control improves
with tighter integration with procurement.

With
reliability
-
centered maintenance,
which establishes safe,
minimum maintenance levels,
spare

parts in
ventory
becomes part of the overall
maintenance practice
.


IFS EXECUTIVE SUMMARY



SUPPLY CHAIN AND SPA
RE PARTS SECURITY

IFS supports the information
al

supply
chain
that utilities must participate in during projects, operations &
maintenanc
e,

and revamps. Integrated supply chain management of procurements, inventory
, suppliers
and subco
ntractors
means better availability of goods and services associated with forecasts of planned
and unplanned work.

IFS Inventory P
lanning and
R
eplenishment
is a proven solution for service and
spare parts management,
at central, regional and local levels.



A LEADER IN SERVICE
PROVIDER MANAGEMENT

European and some US utilities are restructuring service
-
related aspects of their business as separate
entities. IFS was e
a
rly in developing capabilities to manage third
-
party service providers as an integral part

of the utility enterprise.

IFS Applications functionality for field service operations is a complete business
application for maintenance and construction work for service providers and asset owners.
In addition,
through
its unique always
-
optimizing appro
ach to resource and constraint management
,

IFS 360
Scheduling

ensures
customer delivery excellence.

It meets the challenge of managing hundreds of service
technicians at geographically dispersed sites.


PROACTIVE
PROJECT MANAGEMENT

Because
capital
-
intensive
projects almost always involve external subcontractors, keeping track of budgets,
resources, contracts, and progress can be as demanding as it is vital.

I
ntegrati
on of
engineering, asset
management, procurement, and workforce management

means eac
h project can be addressed in its
entirety.
IFS Document Management allows easy access to and control of a wide range of documents that
can be attached to any business object,
in addition to streamlining
the
collection of intellectual property
from externa
l parties.

You get unparalleled visibility and transparency for all your projects, enabling
identification and correction of
deviations as they happen.


PROCESS AUTOMATION INTEGRATION

Integration means users access information from a single point, eliminat
ing the need to constantly enter
and leave different applications.
Maintenance and operations efforts gain through process
-
automation
integration, including DCS, SCADA and GIS. IFS was the first ERP vendor to integrate with automation
equipment using OPC a
s a standard platform. OPC today is the dominant method for achieving these
type
s of

integrations. In addition, IFS has
a
deep understanding of solutions from the major automation
vendors.


LEARN MORE

To find out more about how IFS

s
olutions
for energy and utilities
can help your organization maintain its
competitive edge, see the IFS Enterprise
Energy and Utilities
brochure. For general information about
IFS Applications, visit
www.
IFSWORLD
.com
.

En3246
-
1

Production: IFS Corporate Marketing
,
January

2012