Oracle Work and Asset Management online training

Oracle Work and Asset Management online training

Oracle Utilities Work and Asset Management (WAM) helps organizations monitor and enhance performance through a centralized approach to managing fixed and linear assets, as well as smart devices.

WAM provides tools to handle every stage of an asset’s lifecycle, including receipt, installation, maintenance, tracking, and removal. It also supports approval workflows, purchasing transactions, inventory control, resource management, cost tracking, and financial accounting. Additionally, it captures and standardizes asset condition data to maintain an accurate view of asset health, enabling better decision-making and process optimization.

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Key Objectives of Effective Work and Asset Management

  • Minimize risk throughout the organization.
  • Lower operational costs.
  • Enhance asset reliability.
  • Reduce disruptions caused by equipment failures.
  • Prevent regulatory non-compliance due to operational errors.
  • Sustain and improve workforce skills.

Key Benefits

  • Strengthen asset integrity by addressing process and infrastructure vulnerabilities.
  • Leverage real-time monitoring to improve capital planning.
  • Reduce maintenance costs by increasing proactive work.
  • Eliminate unnecessary tasks on assets and devices.
  • Ensure projects are prioritized based on business value and managed efficiently.

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