The “as-is” situation
- Local request processes with each site “doing their own thing”
- Creation of duplicate requests and incomplete descriptions
- Inconsistent approvals processes
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Midas asset management module enables users to capture and record the master data essential for plant asset management activities. This allows asset-intensive companies full visibility of assets and hierarchies, plant maintenance routines, Bills of Material and linkage to spare parts. The Midas asset hierarchy is structured in accordance with ISO 14224 standards, configurable for the specific layout of each company and operating plant. The elegant and interactive Midas GUI records individual asset criticality, risk and impact assessment. The Midas asset module’s SPIR component replaces traditional SPIR spreadsheets with a highly configurable portal, linked to assets, spares and dictionaries, allowing spare parts records to create accurate data at source.
Based on the ISO 14224 compliant equipment classification structure, Midas enables the structured classification of all assets and equipments, captures documents, and displays the asset hierarchy, Bills of Material and functional location. The Midas plant maintenance module incorporates all fields essential to capturing maintenance activities, including job plans, routes, task lists, labour, materials, tools and services, together with failure modes and repair strategies, allowing you to build preventative maintenance work orders.Midas asset module acts as the MDM tool to capture initial data, allowing for compliant asset information to be syndicated to your ERP.
At Infoplus, we recognise that standardised, enhanced and compliant master data is fundamental to your operations. Midas layers on top of high quality data a user-friendly search engine, directly accessed from your ERP, which interrogates and leverages your data, presenting users with timely, valuable, accurate content.
The Midas rapid google-like search capability provides end-users with swift and easy capability to find, order and consume materials data. Searching can be fine-tuned with multiple parametric controls on individual search criteria, enabling maintenance, inventory, procurement and supply chain to efficiently access critical information, quickly and logically drilling-down to individual items.
Search results are presented in a simple and intuitive user-interface, allowing users to simultaneously compare multiple materials, combining all relevant data, descriptions, documents and ERP information including plant stock on hand, together with images and drawings.
Benefits of improved searching are increased maintenance hands-on-tools-time, improved inventory management, reductions in down time and stock-outs, and more efficient materials ordering.
Infoplus MDM provides integrated cloud-based solutions that generate accurate and compliant master data to streamline your operations. Our modularised MDM solutions, delivered through the Midas platform, cover multiple master data domains including materials, assets, vendors, products and services. Midas connects with multiple ERPs including SAP, Oracle and Maximo, and users access MDG through Single Sign On technologies for simple user access.
Alternatively, depending on your IT preferences and security requirement, Midas is also available as an on-premises solution. The Midas SaaS platform operates in multiple languages and offers simple-to-use, attractive user-interfaces. Midas enables corporate digital transformation, both during the project implementation phase as well as ongoing Business as Usual mode.
Midas MDG creates clean data at source. All new item requests pass through a structured cataloguing process to prevent the creation of duplicate items and to generate compliant descriptions, delivered in accordance with the agreed dictionary templates and corporate standards. Descriptions are generated as per the agreed data standards and in accordance with the requirements of your receiving ERP, and are available in multiple languages, including Spanish, German, Dutch, French, Italian, Portuguese, Turkish, Polish, Chinese and Japanese. Midas MDG eliminates unauthorised free-text spend with the creation of centralised governance workflows and approval processes.