### **Case Study on Amsyst – Asset Management Software For Industrial Units and Factories**

![](https://radicalloop.com/storage/projects/a0b51975-3a64-415e-ac00-c865853f5114-emsyst-final-2-(1).png)

Mass customization, heavy-duty plants and machinery, and maintenance and repairs - altogether form an integral part of asset management software.

Today businesses and technologies are evolving at a significant pace taking up a 3600 approach for transforming the client experience and operational activities at the workplace. The advancement in asset management software is reinventing and reimaging the data flows all across the organization and integrating advanced technology for making informed business decisions.

In essence, the features within the asset management software will continue to grow, advance, and start overlapping and interfacing more with the warehouse management, ERP system, and inventory management systems.

Not only will you be able to track your assets, their gaps, and location and how they’re being used, but also utilize significant features to level this up.

**About Amsyst – Asset Management Tool**

Amsyst is an asset management tool that contributes significantly to tracking equipment, staff, Vehicles, and facilities in Real-Time through tags and labels.

It is used in industrial units and factories where there are huge plants and machinery to cater to the bulk demand of the businesses. This asset management tool includes different tags like Barcodes, GPS trackers, RFID tags, NFC tags, and more for managing the assets, the location of plants, and at the same time planning the repair and maintenance. It even suggests the repair and replacement of the spare parts of machinery and plants.

It is packed with thoughtful features, inclusive of a multitude of methods for scanning and tracking assets, agent-based scanning, and more for helping you import all your assets. Being a popular asset management tool, Amysts ensure all assets are discoverable and visible. All the information related to your asset is stored in a centralized database called Asset Register.

Here, you will find an extensive range of data related to every physical asset like -:

- Purchase price
- Date of purchase
- Location
- Current status
- How many units
- Unique ID number

Such an asset management tool ensures compliance by leveraging integrated software license management. This tool also seamlessly integrates with other ITSM processes, including change management and incident management helping you track all tickets associated with your assets.

**Identify, Integrate, and Track All Your Industrial Assets**

Amsyst helps you in identifying and erasing ghost assets through real-time tracking. This means that you don’t have to pay taxes or inflated insurance premiums on assets that do not exist.

Besides, you can leverage the unified agent for performing agent-based asset discovery of Windows, macOS, and Linux computers. You can look forward to consolidated asset information like date and cost of purchase, capacity and volume, weight, and extensive features all in just a single pane of glass.

Besides that, Amsyst let you build and maintain a separate inventory to manage all detailed information related to the asset. Every plant or machinery comes with a barcode and QR code scanning. Through the RFID scanning feature, you can discover, collect, track, and retrieve details of multiple assets in bulk on just one integrated platform.

**Problem**

The client company wanted an asset management tool to bring all their physical operations online. With their assets spread all across the globe, the enterprise was getting unorganized and out of control due to the mismanagement of assets.

Moreover, the enterprise had an outdated Asset center that was barely being used due to the launch of the latest technologies. The client wanted better control over assets to make entire operations run smoother whether you’re in a warehouse, a construction yard, or an emergency room.

He wanted an asset management tool that can improve efficiency by cracking the code of equipment utilization and cutting the cost of replacement.

**Solution**

Looking towards the advanced requirement of the client, RadicalLoop recommended an iterative approach based on a manageable subset of assets that would focus on rapidly proving value. Together, with the team of experts, we brainstormed the features and leveraged its capabilities to improve organizational efficiency at the helm.

The application is built with Angular, and Symphony and uses AgGrid (UI library). From basic pen and paper methods to straightway sign-in sheets for critical assets, we have used MySQL to streamline your administration at par. It enables you to more effectively track how and when they are being deployed.

![](https://radicalloop.com/storage/projects/e6232bd0-8ba5-4765-a6f3-d6463fe31503-Screen-Shot-2023-04-27-at-12.06.10-PM.png)

![](https://radicalloop.com/storage/projects/f53a539b-85fe-4eef-b019-c16b60fcf22c-Screen-Shot-2023-04-27-at-12.32.57-PM.png)

**Different types of Modules in Amsyst and how they work**

**1. Amsyst Assets module**

The Assets module is the epicenter of the Amsyst platform. All you have to do is load your Assets, that come from your CMMS, and manage and organize them in a functional hierarchy. Further, you have to define Asset properties like Make and Model, Type, and Criticality.

Finally, other resources are managed on the parameters page, for example, Tooling, Labor types, and Criticality levels. In Amsyst, the Assets module lets you visualize all your Assets and their properties. You can Add new Assets, and edit Asset properties and characteristics as per your requirement.

Managing your voluminous assets looks quite critical but that’s not on the Amsyst platform. Here, firstly assets and their properties are used in all other modules on the platform. And also because they are link back to your CMMS database. With the Amsyst Assets module, set up a mirror image of your CMMS Asset list, and augment it with Asset properties that will be used throughout the platform.

![](https://radicalloop.com/storage/projects/c886d3cb-bd85-41ba-96ed-ab686d01cc94-Screen-Shot-2023-04-27-at-12.05.20-PM.png)

![](https://radicalloop.com/storage/projects/ecd723fa-94ca-4a59-bf31-842acd8e80d9-Screen-Shot-2023-04-27-at-12.45.26-PM.png)

**2. Location Module**
- **Manage Location**

The first step is to define Locations. Locations are physical spaces like rooms or spaces delimited by clear boundaries.

- **Add drawing**

The next step is to add a drawing, layout or photo representing the Locations.

- **Position Assets**

Add Assets to the Location and position them on the map.

- **Order Assets**

And finally determine a nominal order for the Assets, as you would walk through the Location.

In Amsyst, the Location module lets you manage locations, add assets to a location, and position them on the map. You can create new locations, organize locations in a hierarchy, or remove unused locations.

Locations are a fundamental component of the Amsyst platform. The PM document generated in Amsyst makes extensive use of your maps and asset positions, providing your crew with specific information for asset inspections.

The physical location of your assets is also critical for planning maintenance activities accurately and regularly. With Amsyst locations module, you can develop a comprehensive system for managing and integrating the physical location of your Assets.

**3. Fast Criticality Module**

The purpose of Fast Criticality module is to untap the risks associated with the operation of the assets and determine their Criticality.

**How does it work?**

The first step is to define the various risks and their consequences for your business. For example, the cost of an hour's downtime. You can create risk models. They include information related to the most significant failure scenarios, for each typical equipment class.

Adjust the parameters, like likelihood or downtime duration, and associated impacts. This becomes the risk footprint for the Model. Link the Model to the Assets.

Taking into account the process and product linked to the Asset, the criticality is then automatically calculated. In Amsyst, the Risk Models page lets you manage Models and their Risk scenarios. Create, duplicate or delete Models, and check how many Assets are currently linked to a Model.

It offers a systematic and thorough review of significant risks and determines the criticality Level of your assets. The Risk Models also become a resource for other sites in your account, accelerating the deployment of controlled risk assessment across your organization. With Amsyst Fast Criticality module, determining Asset Criticality is simple, fast, and convenient.

**4. Amsyst Fast PM module**

The purpose of Fast PM is to define the Preventative Maintenance activities for your Assets. The first step is to create Models. Models are templates containing tasks. They usually refer to a type of equipment (for example a centrifugal pump). The next step is to add tasks in the Model. Tasks can be copied from existing Models or the component library, or manually created if required.

Adjust the task parameters, like frequency or duration, and enable the tasks for each level of criticality. This becomes the strategy footprint for the Model. And finally, link the Model to the Assets. Depending on the criticality of these Assets, Tasks will now flow to the Routing module, ready for implementation.

**Conclusion**

Asset management software has helped businesses in maintaining a repository of information for various assets. Through Amsyst, you can track everything from computer to contract and retrieve it as per your business requirement.

This software significantly improves your business performance by tracking when your equipment is kept and in what condition. That’s how you can prevent losses from theft or damage.

So, now you don’t have to lose track of any information again with our cloud-based asset management and tracking software that adapts to the way you want to work.

Hire [RadicalLoop](https://www.radicalloop.com/contact) now for developing asset management software for your business!

Amsyst is an asset management tool that contributes significantly to tracking equipment, staff, Vehicles, and facilities in Real-Time through tags and labels.

Amsyst - Asset Management Software Case Study