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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 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
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
Maintenance Tips For Improved Profits: Creating the Business Case to Invest in Automation
Does it really make sense to spend money to save money? The answer may surprise you when it comes to maintenance of large capital assets including Facilities

cost effective maintenance roi  costs are the highest cost to most maintenance shops. Published studies have proven that an effective maintenance program can increase labor productivity by as much as 24% through better human resource allocation. Besides being able to more effectively manage schedules, by automating the data sharing between accounting and maintenance, you can greatly reduce data entry times as well. It''s not just about managing the people you have, it also has to do with measuring to see if you have enough resources, so 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
Enterprise Software Service and Maintenance Alternatives
Traditional license models may be wearing out their welcome for both vendors and customers. A competitive market and a more IT savvy business generation is

cost effective maintenance roi  contracts to PeopleSoft customers—a cost that is about half the price PeopleSoft would have charged—and it offers a 24x7, thirty minute guaranteed response value proposition. Part two of the Is There a Panacea for Enterprise Software Pricing, Yet? series. Today, owing to its early 2005 acquisition of TomorrowNow, SAP ''s is able to include maintenance and software support for PeopleSoft and J.D. Edwards solutions. The program was initially directed at companies that were already joint SAP and Read More
The 7 Habits of Highly Effective Security
You know your organization needs to be proactive about security, but you don''t know what that means. You’re a busy executive and you need your security agenda

cost effective maintenance roi  every minute of downtime costs $10,000 [1], how can your organization afford to overlook security? If the average web buyer will wait only 8 seconds for a page to download [2], allowing your site to become vulnerable to denial of service attacks may wreak havoc on your bottom line. In order to prevent your customer credit card numbers from being stolen, we have provided 7 key habits that should become a part of your IT security agenda. Figure 1. CEO/CIO Wallet Card Sources: [1] The Standish Group [2] 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
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
Effective Food-service Trade-spending and Contract Management
For food-service manufacturers, effective trade-spending and contract management are essential to stimulate demand, and to reward distributors and operators for

cost effective maintenance roi  Food-service Trade-spending and Contract Management For food-service manufacturers, effective trade-spending and contract management are essential to stimulate demand, and to reward distributors and operators for achieving volume and growth objectives. The execution of such programs, however, is often a painful process for all parties involved. Find out how you can manage the entire bill-back life cycle, from initiation to settlement, and minimize error-prone manual intervention. Read More
Spinnaker Support Announces New SAP Third-party Maintenance Customer
Spinnaker Support, a a provider of third-party maintenance for JD Edwards and SAP products, announced D+M Group as its latest customer. This win has multiple

cost effective maintenance roi   Read More
Effective Operational Security Metrics
Due to the changing regulatory environment and the complexity of business today, organizations are facing increased accountability. Security risks, however, can

cost effective maintenance roi   Read More
Get in the Loop with Closed-Loop Diagnostics and Unlock the Door to Profitable Maintenance
US companies spend approximately $300 billion (USD) annually on asset maintenance and operations, with 80 percent going to fixing asset failures. This situation

cost effective maintenance roi  case,Intentia,maintenance,EAM,diagnostic 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
Maintenance Software--How to Negotiate Successful Contracts with CMMS Vendors
When negotiating a contract with a computer maintenance management system (CMMS) vendor the guiding principals and definition of the project must first be

cost effective maintenance roi  of the base software cost might be a fair amount. The next payment of approximately 30 percent covers shipment of the software. A further 30 percent covers a successful install. The final 30 percent comes after a reasonable warranty period of 90 days. Some companies successfully negotiate an incremental per seat fee, for example, as the number of users increases, the CMMS vendor is paid more, to a maximum of the site license ceiling. An expiration date or back-out clause for the license fee is handy, Read More

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