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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...
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
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...
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

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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...
Rimini Street: The End of Full-price Software Maintenance Is Here!
In a recent press release, Rimini Street boldly declared the end of full-price software maintenance. The vocal and upbeat third-party software maintenance

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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...
An Integrated Maintenance and Logistics Solution for Defense
Today’s defense industry needs maintenance and logistics software that increases the self-sustainability of weapons systems and allows system operators to

cost effective maintenance roi  Reducing the total lifecycle cost of the platform Reduction in incorrect part orders Providing increased readiness without increasing headcount Enigma’s Integrated Maintenance/Logistics (E-IML) solution is more than the traditional Interactive Electronic Technical Manual (IETM) . Based on the acclaimed Enigma 3C® Platform, the E-IML actually exceeds the definition of a class V IETM, and has been designed to enable this new military doctrine. The EIML provides a single electronic interface, allowing Read More...
Lean Maintenance-Does It Impact Reliability? Lessons Learned and Best Practices
The main cause of lean maintenance failure is that companies fail to focus on asset reliability. The reliability approach to capacity, which includes risk

cost effective maintenance roi  PMs. Many times, maintenance costs are higher than they should be because of time-based PMs. Process for the sake of process . Companies focus on changing the maintenance process instead of using the same energy to focus on the reliability needs of the asset. I am not saying you do not need a strong maintenance process, but if you don''t understand the reliability needs of an asset enabling it to meet the business goals of an operation, then how do you develop a maintenance process? The Reliability 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...
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...
Application Development and Maintenance Services
Luxoft divides its services into two groups: standard and premium. Its standard services include application development and maintenance; product engineering

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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...

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