MANAGEMENT

RPM costing software supports SAP

Mining software solutions provider RPMGlobal has launched a new version of its dedicated asset lifecycle costing product, AMT, which is designed to complement enterprise software company SAP’s Intelligent Asset Management solutions

Staff reporter
RPM releases dedicated asset management software for SAP

RPM releases dedicated asset management software for SAP

Commenting on the new release, called AMT4SAP, RPMGlobal (RPM) CEO Richard Mathews said it "provides a complementary and connected solution to SAP's maintenance planning (PM), reliability analysis and optimisation functions".

Accordingly, AMT4SAP forms an add-on to a miner's existing SAP solution, aiming to enhance asset management decision support through advanced modelling, maintenance cost budgeting, lifecycle management, benchmarking, component life optimisation and overall strategy optimisation.

RPM said AMT is already in use at mine sites and major OEMs worldwide to manage their assets and contracts.

RPM and SAP have had a partnership agreement in place since 2013. They have already deployed AMT with SAP to global mining organisations. These deployments include integration between the solutions that automate the transfer of data.

"Miners have complex plant and maintenance needs that AMT4SAP can solve through the creation of a truly holistic approach to asset management. The outcome is long-term performance and cost benefits that positively impact the bottom line," Mathews said.

At the core of the AMT solution, RPM said, is a Dynamic Life Cycle Costing (DLCC) engine and in-built intelligence engine. The DLCC takes inputs in real-time from various asset management processes and systems such as on-board monitoring systems, fleet management systems, the mine plan and SAP itself.

The calculation engine is then supposed to reforecast future usage, availability, productivity, further maintenance costs and future resource requirements.

Using the DLCC engine, AMT4SAP is designed to identify asset lifecycle risks and opportunities to control and reduce maintenance spend.

AMT4SAP also assists to ensure all data is structured and ready for analytics solutions, such as SAP Analytics Cloud. According to RPM, this means users can spend less time creating a budget and more time using the analytical tools to better understand the maintenance business and deliver value.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalog of 2022 Initial Resource Estimates and recent discovery successes.