Software offers global asset management.
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Press Release Summary:
AssetSmart provides total asset visibility across enterprise. Fully integrated solution offers end-to-end asset coverage including planning, tracking, management, and redeployment. It provides single process for asset infrastructure management, seamless lifecycle management, and structured cataloging. Interrelated support functions include calibration, repair, maintenance, and spares tracking with unlimited structured service history.
Original Press Release:
Assetsmart Global Asset Management Solution
Increases Return on Assets and Reduces Capital Expenditures
SANTA MONICA, Calif. Feb. 9. 2004 - PMSC, the leading provider of global asset management software to high-technology industry, today announced that it will demonstrate its AssetSmart solution during Manufacturing Week. Feb. 23-26. in Chicago. AssetSmart is a unique global asset management solution that provides total asset visibility across the enterprise resulting in increasing return on assets and a reduction in capital expenditures.
A fully integrated solution offering end-to-end asset coverage from planning, tracking, management and redeployment in a seamless system, it is tailored to the unique business requirements of each client. AssetSmart embraces all five dimensions of total asset process integration, including:
o Enterprise model for total asset visibility
o Single process for asset infrastructure management
o Seamless life-cycle management
o Interrelated support functions including calibration, repair, maintenance and spares tracking with unlimited structured service history
o Structured cataloging results in improved data quality
Value
AssetSmart enables an organization to better track and manage physical assets and components that have a direct impact on financial statements and ratios used to determine shareholder value. Key end user savings result from the following unique aspects of the solution:
o Enterprise asset visibility results in capital appropriation reductions of up to 20 percent per year
o AssetSmart improves return on assets, asset utilization, ROI and accelerates cash flow through reducing the need to purchase new equipment when already owned redeployable equipment becomes available
o Cost savings result from new asset management operational efficiencies
o Ensuring compliance with corporate/government standards and reporting requirements avoids negative audit consequences
o Reduction in costs associated with managing multiple non-integrated legacy systems
About PMSC
Based in Santa Monica, Calif., PMSC is the leading provider of global asset management software to high-technology industry. In addition to Fortune 1000 commercial manufacturers, communications and electronics organizations, PMSC also provides mission-critical solutions to many of the largest Department of Defense (DOD), Department of Energy (DOE), and NASA contractors. For more than 17 years, the company has kept its customers' platforms current with the latest client/server and Web technologies. The company's products are deep, because they are based on this extensive experience of incorporating this expertise and client feedback in creating the ideal solution. In addition, PMSC has more than a 95 percent client renewal rate, testimony to the company's implementation methodology and professional services.
