Blog #3 – Why do I need AGS360 Asset Management?

     By: Aran Lane

Features and benefits. Why do I need AGS360 Asset Management?

This blog will provide you with mid-level detail on what AGS360 is, who it’s for and most importantly provide 5 examples of the benefits it can bring to your organisation.

If you are looking for a more generalised overview of Asset Management, we recommend reading our blog ‘What is Asset Management’ 

Let’s dive in and understand a bit more about AGS360…

What is AGS360?

In its most basic form AGS360 is primarily an Asset Management system, with a Workflow Management system and a Compliance Management system rolled into a single piece of cloud-based software

 

All too often AGS has seen the roles of Asset Manager (typically FM or Estates Manager), Compliance Manager (Usually H&S) and Workflow Manager (Usually Operations) treated in silos by their organisations. The aim with AGS360 is to not only give these users a way of fully managing asset information, but to also provide a platform from which they can do something with that information in a collective context.

The AGS360 platform is entirely integrated with no bolt-on’s. It is simple and common in its approach and it is asset lead.

Every user should be able to contribute and benefit from the amassed historical and live information held against each asset within the AGS360 system.

 

Who is AGS360 aimed at serving?

 

At AGS we often get asked, what industries do you work with? Our answer is simply, any industry that our customers operate within.

We have customers in global shipping, fashion, retail, construction, education and are working with prospective clients in Civil engineering, Utilities, social housing and manufacturing.

Although different industries have their niches and nuances, broadly they all require the same thing. They all have assets, they all need to know something about those assets, they all need to do something with those assets.

The organisations AGS typically works with require the ability to manage large volumes of assets, usually across multiple sites, large single sites and large portfolios of properties. The assets range from fixed and mobile items such as furniture, plant, electrical, fire, IT etc. but it can be varied based on requirement.

Our clients tend to require a single system to provide working efficiencies and data sharing between the various organisational elements responsible for the management of their assets. See the examples illustrated within the graphic below.

Occasionally the odd external integration is required. To facilitate this need, AGS360 has an open, 2-way API so we are more than happy to discuss your integration needs.

Examples of 5 Features and Benefits

Now that you know a bit more about AGS360, let’s take a look at 5 real-world examples of the types of benefits it can bring to your organisation;

AGS Asset Hub

  • Where is this currently implemented? 
    Working with a Large Rail Civils Contractor to improve asset tracking and management processes
  • What are some quantifiable savings, reductions or benefits?
    The AGS Asset Hub allows this client to move away from manpower intensive manual asset tracking methods that took a team of 5 people to enact, replaced by an efficient and visually ergonomic interface from which asset data can be filtered and acted upon. This feature can be quantified as providing a £120,000pa cost saving within the warehousing department alone.

AGS Asset Hub

  • Where is this currently implemented? 
    Working with a Large Rail Civils Contractor to improve asset tracking and management processes
  • What are some quantifiable savings, reductions or benefits?
    The AGS Asset Hub allows this client to move away from manpower intensive manual asset tracking methods that took a team of 5 people to enact, replaced by an efficient and visually ergonomic interface from which asset data can be filtered and acted upon. This feature can be quantified as providing a £120,000pa cost saving within the warehousing department alone.
Digital Twin

·        Where is this currently implemented?
Within the European Head Office of a Global Shipping Company.

·        What are some quantifiable savings, reductions or benefits? 
AGS Digital twin offers this 
client a 66% reduction in call out costs relating to service call visits for the purposes of maintaining assets. AGS Digital Twin provides the servicing engineers and contractors with two key benefits. Firstly, by providing context and information about the assets that could only previously be obtained by carrying out a survey visit. Secondly by providing a call out resolution time saving of 5 days or more by eliminating the job survey requirement. 

Job Board

·         Where is this currently implemented?
Large national retailer with 100’s of stores nationwide

·         What are some quantifiable savings, reductions or benefits?
Following its implementation in 2020, and the reduction in staff retention post Covid, the AGS Job Board 83% has provided the client with an 83% saving on manpower requirements (roughly a £300,000.00 saving) due to the working process efficiencies the job board has allowed.

Compliance Management

  • Where is this currently implemented?
    National Education Support service provider.
  • What are some quantifiable savings, reductions or benefits?
    AGS Compliance Management provides the benefit of informing compliance levels for the organisations overarching strategy, while providing coal face business elements with high levels of detail that enables effective actions to take place resulting is upwards of a 60% improvement on compliance levels for the first year, increasing to 80% improvement after 2 years.

AGS360 Active (Sensors & IOT)

  • Where is this currently implemented?
    Working with A major city airport and a large civils contractor to implement throughout their buildings and estates for the purposes of tracking movable assets.

  • What are some quantifiable savings, reductions or benefits?
    AGS360 Active will provide the benefit of being able to track 1000’s of small assets throughout complex working environments. This will enable increased service life for those assets as the likelihood of missing them from service schedule’s is reduced. This in turn will result in an overall improvement in asset lifespan. AGS expects to see a 100% reduction in missed service intervals and (at the time of writing) a reduction of around 50% in replacement costs for worn or lost assets.

Conclusion

I hope we have begun to answer the question on why you need AGS360 Asset Management within your organisation.

If this has piqued your interest and you would like to find out more about our basic AGS360 Asset Management system or indeed its more advanced offerings (such as IOT sensors and 360 imagery) then please contact us via the comments box below or directly via info@alpacaglobalsolutions.com to arrange a no obligation 45min discovery call.

 

Thank you for reading.

 

Aran Lane

AGS – Director

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