{"id":1165,"date":"2024-03-27T06:54:11","date_gmt":"2024-03-27T06:54:11","guid":{"rendered":"https:\/\/mendrhub.com\/?p=1165"},"modified":"2024-04-23T21:59:40","modified_gmt":"2024-04-23T21:59:40","slug":"asset-management-software-for-foodservice-equipment-manufacturers","status":"publish","type":"post","link":"https:\/\/mendrhub.com\/asset-management-software-for-foodservice-equipment-manufacturers\/","title":{"rendered":"5 Reasons Why Asset Management Software Is Essential for Foodservice Equipment Manufacturers"},"content":{"rendered":"

In the highly competitive world of foodservice equipment manufacturing, staying ahead of the curve is crucial to your success. Asset management software is a niche solution that has managed to completely revolutionise the industry, and we have first-hand experience of just how potent it can be when implemented for equipment manufacturers serving the fast-paced foodservice and beverage industries.<\/p>\n

These are the key reasons why.<\/p>\n

1. Continuous product improvement<\/strong><\/h3>\n

When visualised through interactive dashboards, the detailed data and insights<\/a> provided by an asset management platform allow you to identify critical business and product trends. This helps you close the loop when tracking equipment performance, empowering you to make decisions that can ultimately save your business money and keep your customers happy.<\/p>\n

With a clear picture of equipment performance, you can understand the types of faults that occur, feeding this back to the factory and creating a virtuous cycle of product improvement and quality control. This data can also be used to implement optimised preventative maintenance schedules and digital self-help troubleshooting, extending the lifespan of your customers equipment and minimising downtime.<\/p>\n

Ensuring your platform of choice works seamlessly with IoT (Internet of Things) devices allows your after-sales servicing to become truly proactive. With data flowing in real-time, your decision making power can improve exponentially while service requests can be set to auto-trigger before a breakdown occurs.<\/p>\n

2. Complete control over your supply chain<\/strong><\/h3>\n

One of the great benefits of asset management software is the complete visibility it provides over everything from product shipments to warehousing, part inventory, order fulfilment<\/a> and servicing. This kind of visibility means you can quickly identify areas to reduce waste, cut operational costs, and improve your overall production planning. The result is a leaner and more cost-effective production process.<\/p>\n

By tracking not just the detailed activities taking place across the supply chain, but also the costs incurred, asset management platforms become a critical tool for managing your suppliers and taking control of costs across the supply chain. By allowing you to set up supplier rates you can create powerful opportunities for automating service and billing.<\/p>\n

Other handy features that enhance your control include the ability to track service providers performance against SLA’s (Service Level Agreements), cost and attendance efficiency, as well as managing parts and part suppliers and setting up automated stock reorder points to ensure key parts are always on hand.<\/p>\n

3. Business risk mitigation<\/strong><\/h3>\n

If you sell equipment to the foodservice industry, you\u2019ll know just how important compliance with industry regulations and standards is. You\u2019ll likely also know how much time it takes to manage compliance week in and week out. Asset management software simplifies compliance by providing accurate records of all service activities that have taken place. You can specify mandatory insurances and accreditations that your contractors will be auto-notified to keep updated.<\/p>\n

When a new request comes through, the system will ensure that jobs will only be assigned to compliant contractors. This system capability provides the documentation you need for audits and regulatory inspections, reducing the risk of penalties and legal issues.<\/p>\n

Software like mendrhub can further help manage business risk with other standout features including:<\/p>\n