Tool/Equipment Object

The Tool/Equipment registry is a large container for many types of assets/objects. It can be anything from shop floor tools and scaffolding to heavy machinery such as trucks, fork lifts and diggers. The key motivation for keeping these objects recorded in a common register is to provide control and overview of each assets unique history, in terms of rentals, maintenance, availability and profitability. The upkeep of the information in the registry is so far manual. This means there are currently no business processes that automatically feed and update the information within.

The Tool/Equipment objects are diversified and comprises many different types. It may be assets defined with a part number and or lot/serial numbers. It may also be assets defined directly in the asset register without a part number. In those cases the Asset ID would be the only identifier for the asset.

A Tool/Equipment object can exist and belong to many companies over time. The Operator is the company that is currently handling/using/operating the asset. In a rental scenario it could for instance be the customer that the asset is rented out to. The operator entity must be defined as a company within the data base.

The attribute Accounting Owner reflects the current legal entity owning the asset from a financial standpoint. It is only possible to have one accounting owner at any given time. The accounting owner is regarded internal if it is a company that is defined within the data base. The value is then selected from the Company entity. If the legal owner does not exist as a company in the data base it is regarded as external and the value is selected from  the Owner entity.

The attribute Maintenance Responsibility reflects the current legal entity responsible for planning and execution of the maintenance plans for the asset. It is only possible to have one maintenance responsible at any given time. The maintenance responsible is regarded internal if it is a company that is defined within the data base. The value is then selected from the Company entity. If the entity does not exist as a company in the data base it is regarded as external and the value is selected from  the Owner entity.

The Tool/Equipment objects may have a maintenance plan or individual work orders assigned in order to perform different types of preventive and corrective maintenance. History views for both maintenance and rental events are available for each object in order to facilitate follow-up and analysis.