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Documents related to » cost effective maintenance roi


Developing an Effective CMMS Implementation Plan
Today’s maintenance staff is tasked with doing more with less. The challenge here is that their efficiency ratings when measured can be as low as 10% to 40%. So

cost effective maintenance roi  may find that this cost alone will outweigh the investment in procuring a new software package and the ensuing implementation. You may very well find out that you already have a software package that is doing a good job and perhaps it is time to sit down with the vendor and discuss a corporate wide roll-out. So to review: Inventory the tools currently used to manage, collect & distribute data Determine the costs associated for licensing, support and upgrades Identify common software tools used in Read More...
The Three Rs of RFID: Rewards, Risk, and ROI
Prominent organizations and retailers, such as Walmart and the US Department of Defense are taking advantage of radio frequency identification, which promises

cost effective maintenance roi  percent of the total cost of the product. With demand increasing and production costs declining, the tags are expected to reach 5 cents per tag in 2006. Mountains of data : The location of pallets, cases, cartons, totes, and individual products in the supply chain, the activities of picking, packing and shipping, the tracking of expiration dates, and recalls will all produce mountains of real time data. Most organizations are not ready to transmit, store, process, warehouse, and integrate that data with Read More...
CRM ROI: Creating a Business Case
Companies need to implement serious yardstick work when seeking to evaluate CRM-software investments. This involves creating a cost-benefit analysis

cost effective maintenance roi  Area Key Improvement Reduce cost of sales Enable self-service sales channels, changing the mix of direct sales, tele-sales, channel or agent sales, and self-service the most effective or least costly channel in order to reduce costs and improve satisfaction Reduce sales administrative overhead Reduce the time spent on sales administrative overhead tasks such as commission calculations, forecasting and reporting enabling increased selling time Improve leads to sales closure rates Increase the percentage Read More...
Reliability Driven Maintenance--Closing the CMMS
Reliability driven maintenance (RDM) focuses on understanding the

cost effective maintenance roi  of failure, and the cost of maintenance operations must be evaluated on an asset-by-asset basis. This analysis might reveal that RCM is not the most appropriate for all assets, since other less rigorous and costly but still effective enough methodologies exist. How can one then determine the right maintenance strategy for a specific asset? To meet the objectives of lean manufacturing, one needs to evaluate the cost of failure in terms of both not meeting business objectives and any extra cost due to the Read More...
The ROI of Your Labor Force
Improving workforce performance can drive corporate performance. Even seemingly small changes in workforce productivity can have a huge impact on the bottom

cost effective maintenance roi  projects a $250K annual cost reduction for automation of employee pay stubs alone Accelerate internal processes Auto parts manufacturer shortens cycle times from weeks to hours Reduce administration Less manual data entry helps manufacturer reduce administrative FTE count Labor forecasting and scheduling, time and attendance, and operational self-service are all day of operations workforce processes that can yield significant ROI through the use of new workforce technologies. And HR can be the Read More...
5 ROI Tips for Enterprise Asset Management Software
How can enterprise asset management (EAM) software deliver return on investment (ROI)? This whitepaper discusses the five ways EAM delivers ROI so you can plan

cost effective maintenance roi  Take advantage of the cost savings and revenue enhancement features EAM offers and avoid the potential problems. Read More...
What Is the Value Proposition of Support and Maintenance?
Mature systems in any enterprise require an approach different from newer implementations to software support—one that focuses on customization

cost effective maintenance roi  to the system, the cost of accepting a new release varies considerably, and this cost directly impacts the relative value of the new release (see The Old ERP Dilemma—Should We Install The New Release? , The Old ERP Dilemma—The Refresh Option , and To Upgrade, or Not To Upgrade: That Is Not The Question—But How To Upgrade Is ). Many customers thus have difficulty justifying the substantial cost of implementing major upgrades, and they will resist doing so without a compelling reason (other than Read More...
Making SOP Training More Effective
Standard Operating Procedures (SOPs) are critical to efficient operations, quality control, and regulatory compliance. Yet many recent FDA violations have

cost effective maintenance roi  SOP Training More Effective Standard Operating Procedures (SOPs) are critical to efficient operations, quality control, and regulatory compliance. Yet many recent FDA violations have focused on firms’ failure to properly use SOPs. This paper reviews best practices for the life science industry for training on SOPs. Specifically, how the latest learning management technology has the potential to improve learner retention through automated assessments. Read More...
Lean Asset Management--Is Preventive Maintenance Anti-Lean?
How can we determine the right maintenance strategy for a specific asset? To meet the objectives of lean, we need to evaluate the cost of failure in terms of

cost effective maintenance roi  gathered and analyzed. The cost of monitoring the health of the asset, the cost of failure, and the cost of maintenance operations must be evaluated on an asset by asset basis. This analysis reveals that RCM is not the most appropriate for all assets. Other less rigorous methodologies exist. Determining the Right Maintenance Strategy How can we determine the right maintenance strategy for a specific asset? To meet the objectives of lean, we need to evaluate the cost of failure in terms of both not Read More...
The Impact of Technology on Cost in Business Process Outsourcing
Many different factors contribute to the cost of a business process outsourcing (BPO) engagement. Among them, IT, especially software, is a key cost determinant

cost effective maintenance roi  Impact of Technology on Cost in Business Process Outsourcing Many different factors contribute to the cost of a business process outsourcing (BPO) engagement. Among them, IT, especially software, is a key cost determinant that is often underestimated. A diligent assessment of BPO needs to address several cost components that are not included in the provider’s total contract value (TCV)—components which are often overlooked by buyers. Read More...
Reliability Driven Maintenance--Closing the CMMS
The metric of plant maintenance should now be in the ability of the plant to meet the strategic goals of the company beyond customarily expected cost savings

cost effective maintenance roi  company beyond customarily expected cost savings, such as improved plant output, performance predictability, product quality, customer service, safety, environmental control, etc. For one, an effective preventive maintenance program can improve equipment''s required utilization and availability, enabling production schedules to be achieved, especially when an exorbitantly expensive equipment replacement is a no option during depressed economic times. Extending into the customer base, this applies as much Read More...
Maintenance Connection Onsite/Online for CMMS-EAM Certification Report
Maintenance Connection Onsite/Online (v. 5.0) is TEC Certified for online evaluation of computerized maintenance management system (CMMS)–enterprise asset

cost effective maintenance roi  computerized maintenance management system,asset management software,cmms,software asset management software,computerized maintenance management system software,it asset management software,fixed asset management software,best asset management software,asset liability management software,enterprise asset management software,computer asset management software,web based asset management software,cmms system,open source asset management software,cmms systems Read More...
Effective Inventory Analysis: the 5 Key Measurements
The white paper effective inventory analysis isolates and walks you through five simple measurements that will help you ensure you are maximizing t...

cost effective maintenance roi  Inventory Analysis: the 5 Key Measurements As a distributor or manufacturer, how do you stack up when it comes to monitoring the performance of one of your largest investments: your inventory? Computer-generated reports can be more of a hindrance than a help—many systems produce so many reports, you can drown in them. Measurements that evaluate inventory performance? There are literally hundreds of them, so which ones tell you what you really need to know? The white paper Effective Inventory Read More...

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