| Any physical product or service goes through its | | | | manager to maximize the productivity of the asset in |
| value chain from raw material, through manufacturing | | | | its entire life cycle. The MMS tools provide historic |
| processes that include some form of conversion, and | | | | data and analysis of the assets, to help determine |
| finally to customers. All along the value chain, | | | | when to dispose of the old and purchase new |
| industries and service companies utilize assets that | | | | assets.Maintenance management software finds |
| depreciate over a period of time. | | | | applications in various industries, like real estate, |
| Physical assets break down, malfunction and | | | | manufacturing and logistics. Any good MMS should |
| ultimately work below efficiency, leading to | | | | meet the basic requirements of the client. The basic |
| under-performance and bad quality. These have an | | | | requirements are work management, physical assets |
| effect on the bottom line of organizations. In the | | | | management and resource management. Work |
| beginning, organizations resorted to fighting these | | | | management functions should generate work orders |
| problems, which was reactive in nature and was like | | | | for planned and unplanned works. Physical asset |
| attacking symptoms than the problems.The advent | | | | management should track the asset through tools like |
| of management concepts such as Total Productive | | | | work history, data management and accounting |
| Management led to new thinking to solve | | | | management. Resource management should track |
| maintenance-related problems. It predicted the | | | | the inventory of parts and labor availability. The other |
| breakdown of the equipment and approached the | | | | features that MMS should have are management |
| problem proactively. With this approach, the | | | | reporting capabilities, regulatory compliance and |
| management of assets became regular. Still, these | | | | seamless interface with other systems.With the |
| concepts were paper intensive and in most cases | | | | proliferation of software vendors in the market, a |
| were merely a collection of records. This required | | | | high rate of technological obsolescence and a high |
| additional work to maintain such a volume of | | | | rate of failure of the systems, it is very important |
| data.Computerized maintenance management | | | | for managers to select the right tool. This is further |
| software tools have become a powerful tool in the | | | | compounded by the presence of different |
| hands of maintenance and facility managers to handle | | | | decision-makers with different criteria, like financing |
| the day-to-day operations of their departments, and | | | | for low-cost systems and maintenance for |
| plan for long-term utilization of their assets with the | | | | feature-rich systems. |
| minimal usage of resources. The MMS tools help the | | | | |