What is SAP Asset Strategy and Performance Management in SAP BV-EM - Brand Voice - Enterprise Management?

SAP Term: SAP Asset Strategy and Performance Management

• Component: BV-EM

• Component Name: Brand Voice - Enterprise Management

• Description: A cloud solution built on SAP Asset Intelligence Network that enables plant managers and reliability engineers to measure and improve the performance of their assets and optimize the strategies to manage these assets. See “SAP Intelligent Asset Management.“

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• Key Concepts: 
  SAP Asset Strategy and Performance Management (BV-EM) is a component of SAP's Enterprise Asset Management (EAM) suite. It provides a comprehensive set of tools to help organizations manage their assets and optimize their performance. It enables organizations to track, analyze, and report on asset performance, as well as plan and execute asset strategies.
  
  How to use it: 
  SAP BV-EM can be used to monitor asset performance, identify areas of improvement, and develop strategies for optimizing asset performance. It also provides tools for analyzing asset data, creating reports, and tracking asset performance over time. Additionally, it can be used to create and manage asset strategies, such as maintenance plans and capital expenditure plans.
  
  Tips & Tricks: 
  When using SAP BV-EM, it is important to ensure that the data being collected is accurate and up-to-date. Additionally, it is important to ensure that the data is being analyzed correctly in order to get the most out of the system. Finally, it is important to regularly review the asset strategies created in order to ensure they are still relevant and effective.
  
  Related Information: 
  SAP BV-EM is part of SAP's Enterprise Asset Management suite, which also includes components such as SAP Plant Maintenance (PM), SAP Materials Management (MM), and SAP Warehouse Management (WM). Additionally, SAP BV-EM can be integrated with other SAP solutions such as SAP Business Intelligence (BI) and SAP HANA.