Equipment Management Software monitors mechanical equipment, making sure that upkeep and repairs take place on schedule and without running low of. It stores some important information like location and condition of certain equipment, schedules preventive maintenance and sends notification about it, and also can predict future failure. Alongside it tracks inventory volume and number of spare parts. All these features make it possible to reduce costs and make the lifetime of equipment longer. This kind of software also gives detailed reports that helps to reveal downtime and make some adjustments and increase effectiveness of equipment usage.
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