Asset management for transportation companies

Doing a quick search at Google with the terms “asset management” provides a whopping number of matches: over 75M of them!

So you’re wondering transportation companies can make sense of this overwhelming array of offerings to get down to business and precisely manage all their assets?

Well, we asked ourselves the same thing, here, at NavSite.

We found a nice software solution for all the asset management needs T&L companies can possibly have. It’s called GuideTI and it’s developed by a Canadian firm called COGEP. The people behind the code have “on the field” asset management experience and it shows because their solution is easy to operate and a treat to manage.

C-Level executives aren’t the only ones looking to gain significant insight in the future. Asset managers from the world over are actively looking to make their planning, intervention and cost control tasks easier — and more accountable.

The GuideTI software does just that for production equipment, buildings, vehicles, information systems and basically any significant asset that must be managed. To achieve this, COGEP uses the following modules:

• Management of Asset Lists
• Maintenance Management
• Management of Calls / Requests
• Work and Resources Management
• Management of Replacement Inventory
• Purchasing

In turn, based on these modules, users and managers can enjoy the benefits of this toolset, such as:

• Extensive Performance Indicators
• Import / Export of Information
• Integration with Existing ERP
• Secure Web Interface
• Wireless Network Capabilities
• Barcode Capabilities

All of this is intended to push upward any company’s efficiency level. This is important because the new transportation market realities include:

• Higher asset performance and readiness levels
• Availability, uptime and reliability of all managed assets
• Strict corporate governance guidelines
• Streamlined BPM (including consolidations)
• More proactive risk management
• Compliance with safety, environmental and public regulations
• Capability to manage outsourced service providers

All of this can’t be achieved without a solid technological foundation. High reliability, performance and availability of all your assets makes a huge difference on T&L companies’ bottom line. Using software for asset management isn’t an “if” question anymore, it’s more about “which” solution will be the best.

If you have recommendations, please submit them in the comments.

Tags: guideti, cogep, asset management, outsourcing providers, bpm, corporate governance, monitoring