26 Certification Study Guide Series: IBM Maximo Asset Management V7.1 When you are working with a continuous meter, a work order can be generated manually or with a cron task as described previously. 2.4 Locations The Locations application is a site- level application and is generally defined as a place where assets are operated, stored, or repaired. Typically, locations are defined as a means of tracking assets, but if your company does not use asset records to track equipment, you may define a location as any facility ( or portion of a facility) for which you want to create a maintenance record. You use the Locations application to add, view, modify, and delete location records for assets, and organize these locations into logical hierarchical or network systems. Use systems of locations for specifying the location for assets. Asset records provide the groundwork for gathering and tracking valuable information about the history of assets, including asset performance at specific sites, and as an asset is moved from location to location. When you organize your locations into systems, you can quickly find a location and then identify the assets at a specific location. You may also use the Locations application to create repair locations, courier locations, salvage locations, vendor locations, and labor locations. To add a new location in the system, you must have at least the following information: Location ID, which is the ID for the new location, such as BLD901 for Building 901 Type, which specifies the type of this location in order to ease the process of identifying where the asset is and the reason. The Type can be: Holding, Repair, Operating, Salvage, Labor, Courier, Vendor, and Syslevel. Site, which is the name of the site where this location belongs Status, which is the current status of the location Figure 2- 16 on page 27 shows an example of a location.

Chapter 2. Assets 27 Figure 2- 16 Locations application The following common terms are used when discussing location hierarchies: Hierarchy is any system of places ranked one above another. Each parent location can have many child locations, but each child location can have only one parent location. Location is typically a place where assets operate, but includes any building, place, or position that contains assets, or where maintenance work might have to be performed. Network is any system of interconnected locations. Unlike hierarchies, in a network each location can have multiple parents and children. Operating location is the place where equipment operates.