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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...
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...
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...
CMMS Templates for Effective Implementations Part Three: 7 Steps to Rapid More Successful Implementations
With the advances today in technology it has become obvious that there is a need for maintenance management theory and practice to catch up with the advances

cost effective maintenance roi  with our ROI and cost statements, of our overall efforts. 4. Define the steps required to achieve the tactical goals The diagram on this page illustrates a 6 step progression required to create implement proceed along the path to the realization of the tactical goals that have been created. In this particular case the goal would be the achievement of a planned state of maintenance management. (Steps to the Planned State of Maintenance Management) However all of these steps, not including the 5th step, 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...
Computerized Maintenance Management Systems: A Tutorial Part One: Challenges and Features
Companies are looking for more areas to squeeze savings out of operations. One such area that may be fertile ground to explore is equipment maintenance. The

cost effective maintenance roi  capital equipment and high cost of downtime demand a complete and current knowledge of a piece of equipment''s performance and history. The break-fix mode needs to be stopped in favor of failure prevention. The overall control and consistency of repairs needs to be greatly enhanced. Finally, to obtain the maximum value from maintenance personnel, scheduling effectiveness and equipment utilization must be improved. If these challenges face your company, CMMS may provide the means for you to get behind the Read More...
The Old ERP Dilemma: How Long Should You Pay Maintenance?
After a company has decided to keep an existing ERP system, the next decision is how long should they continue to pay the vendor for maintenance.

cost effective maintenance roi  Application Product? ) the cost of accepting a new release ranged from a small effort to a very large effort which has a direct impact on the relative value of the new release. The group questioned the types of enhancements that were part of the new release. For most, the important features missing for their implementation had already been added as custom code or the addition of a third party solution. Therefore, the addition of those features had little value. By definition, other added features had Read More...
Enterprise Payback: Qualitative and Quantitative Factors in the ROI Equation
The requirement that enterprise software vendors deliver a measurable return on investment (ROI) has never been greater than right now. Customers are demanding

cost effective maintenance roi  cost,IFS,ROI,factors,implementation 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...
5 Steps to Effective Resource Management
Effective resource management not only impacts profitability, it generates loyalty that translates to competitive advantages in recruiting and retaining the

cost effective maintenance roi  Steps to Effective Resource Management Effective resource management not only impacts profitability, it generates loyalty that translates to competitive advantages in recruiting and retaining the best people. System inefficiencies, however, often make it difficult for businesses to find time to improve their resource management processes or upgrade their systems. Find out how these five steps can help your business in its resource management planning efforts. Read More...
The ROI Dilemma - Part 1 - Look at how bad you Look!
If you''re going to use ROI in order to find new business or, justify your solution, be careful. ROI is a loaded gun and you might just shoot yourself.

cost effective maintenance roi  again increase. With her cost reductions and process improvements in place, as sales grow so will her profitability. With that type of information, I can reposition my emails, letters and telephone calls around her mindset. The call might now sound something like this. Karen, this is Bob Riefstahl with Future RFP Software and I''ve been spending time researching your organization. I noticed that you''ve been working hard at reducing costs in order to position your organization for future growth and Read More...
ROI Case Study: IBM Business Analytics, Accelrys
IBM Cognos Express Xcelerator helped this software and services company earn a 586 percent ROI in just three months by providing deeper insights about products,

cost effective maintenance roi  about products, services and costs. Read More...
Is There a Street Corner for a Vendor-neutral Third Party Support and Maintenance Provider?
Although Rimini Street''s client base is still budding, the third party provider of support and maintenance has been quite bullish, owing to the accelerating

cost effective maintenance roi  than a 50 percent cost savings compared to Oracle''s annual support fee. This is not counting if the user company is paying maintenance for products it has not implemented or user seats that it is not using, in which case the price might drop even further. Rimini Street points out that its offering is not for those Siebel, PeopleSoft, and JD Edwards licensees who prefer an early-adopter migration to new technology platforms. Rather, the provider''s offering is for those that are choosing more conservative Read More...

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