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Software Functionality Revealed in Detail
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 maintenance cost improvement

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Maintenance, Repair, and Overhaul (MRO) RFI/RFP Template

Maintenance Management, Customer Contracts (Agreements), Customer Orders, Customer Quotations, Work Orders, Product Technology 

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Documents related to » maintenance cost improvement

Continuous Improvement Offers CMMS Maintenance Benefits


Computer maintenance management system (CMMS) packages are excellent tools for collecting, analyzing, and reporting data and can offer insight into a process’ problem. Critical success factors for the effective use for the CMMS involves clear support from management and measurable drivers involving time, quality, and cost.

maintenance cost improvement  for using more experienced maintenance personnel or even contracted specialists. The CMMS could also be used to check supplier history to uncover any problems with the quality of spare parts. The same holds true for the process of receiving, storing and issuing inventory items. Cost reduction The third key driver of a continuous improvement program is cost reduction through productivity gains. The CMMS can report on areas of high cost and drill down to the supporting cost detail, especially if Read More

Supply Chain Cost-cutting Strategies


Process industries (chemicals, food and beverage, oil and gas, etc.) face rising manufacturing and logistics costs. And they’re finding that the old strategies for cost containment no longer pack the same punch. Some surveys show that 75 percent of all respondents are redesigning their supply chains to keep these costs in check. Are you one of them? No? You’ve got a lot of catching up to do—and very little time to do it.

maintenance cost improvement  cost cutting | cost maintenance cost cutting | cost method cost cutting | cost price cost cutting | cost productivity cost cutting | cost rates cost cutting | cost reduction cost cutting | cost report cost cutting | cost savings cost cutting | cost study cost cutting | technology strategy cost cutting | total cost cost cutting | unit cost cost cutting | value strategy cost cutting | variable cost cost cutting | cost value cost cutting | cutting equipment cost cutting | define supply cost cutting | demand Read More

Use a Computerized Maintenance Management System to Improve Predictive Maintenance Performance


Companies that have moved from a highly reactive environment to a more planned one notice significant improvement. A computer maintenance management or enterprise asset management system is useful tool to create a planned environment, help build accurate equipment history, and develop comprehensive analysis capability.

maintenance cost improvement  made improved use of maintenance staff less overtime needed to respond to emergencies less stress with a planned shutdown better yield and less scrap, waste, rework, etc. lower total cost of ownership of assets more predictable and stable production scheduling, so that customer responsiveness is improved For companies moving in the right direction, however, there''s still some uncertainty as to the optimal balance of reactive maintenance, preventive maintenance (PM), and predictive maintenance (PdM) for Read More

Software Evaluation, Selection, and Procurement Part Two: Recommendations for Improvement


Pursuing an alternative strategy for software evaluation and selection, based on the capital investment paradigm and the principles outlined in this article, is an effective method to mitigate implementation risk.

maintenance cost improvement  ongoing growth of functionality, maintenance fees, vendor viability risks, software upgradability, and hardware requirements. Often the cheapest software solution ends up being the most expensive over its lifetime. For example, one factor that significantly impacts the total cost of the solution is software customization. Modifying packaged software is strongly discouraged due to the high-cost and complexity in supporting and upgrading the software over time. Often the lowest priced software lacks Read More

Enterprise Process Improvement (EPI) Software: Customer and Software Vendor Collaboration


Having just completed implementing your enterprise-wide software, you are about lean back, put your feet up on the desk, and enjoy the fruits of your labor. Not so fast! While you were completing your implementation project, a new release of the software may have already hit the street or, for sure, there is one in the pipeline. Now you are faced with the decision as to if and when to take on the new release. Maybe now is the time to look at how a new class of software tools, enterprise process improvement (EPI), can assist you in the upgrade decision.

maintenance cost improvement  to make up missed maintenance payments and you must agree to come up to a supportable release level in a specified period of time. Therefore, before you go off maintenance, make sure that you understand the conditions to resume support. Option 3: Skip A Release (The Ugly) The third option is the middle-of-the-road alternative. Under this option you decide to implement every other release, skipping a release and catching up on the next one. The theory is that, if it costs x dollars to implement a release, Read More

Driving Continuous Supply Chain Improvement and Savings


In the 40 or so years since the Toyota Production System first introduced the principle of sustainable elimination of waste in business, supply chains have never been under greater strain to remain cost effective. Read on to see how Waer solutions are supporting sustainable cost reductions and continuous improvement in the supply chains of two very large aerospace companies.

maintenance cost improvement  Continuous Supply Chain Improvement and Savings In the 40 or so years since the Toyota Production System first introduced the principle of sustainable elimination of waste in business, supply chains have never been under greater strain to remain cost effective. Read on to see how Waer solutions are supporting sustainable cost reductions and continuous improvement in the supply chains of two very large aerospace companies. Read More

Evaluating The Cost Of A DDoS Attack


DDoS (distributed denial-of-service) attacks, attempts to make a network resource unavailable to its users, are becoming more sophisticated and destructive, and are on the rise. DDoS attacks don’t just cost your company the annoyance of downtime, but brand reputation, customer acquisition, and of course, sales are all at risk. Read this white paper to find out how to evaluate the cost of a DDoS attack and decide the level of protection you need for your infrastructure.

maintenance cost improvement  The Cost Of A DDoS Attack DDoS (distributed denial-of-service) attacks, attempts to make a network resource unavailable to its users, are becoming more sophisticated and destructive, and are on the rise. DDoS attacks don’t just cost your company the annoyance of downtime, but brand reputation, customer acquisition, and of course, sales are all at risk. Read this white paper to find out how to evaluate the cost of a DDoS attack and decide the level of protection you need for your Read More

Pursuing Manufacturing Excellence through Real-time Performance Management and Continuous Improvement


Today’s manufacturers are feeling pressures from many directions. Dynamic market needs, increased compliance requirements, more distributed manufacturing operations, and the transition to new technology are all manifested on the plant floor and throughout the enterprise—often leading to pleas for technology solutions. Integration and data utilization are thus the key issues to address in order to improve responsiveness and performance.

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Technology Hardware Maintenance-Acquiring and Managing Cost Effective Service


Hardware maintenance can represent a significant information technology cost, but options for managing that cost exist. If you analyze hardware maintenance from an enterprise perspective, you will identify those options and ensure the cost-effective delivery of those services.

maintenance cost improvement  negotiation effectively. Conclusion Hardware maintenance can represent a significant information technology cost, but options for managing that cost exist. If you analyze hardware maintenance from an enterprise perspective, you will identify those options and ensure the cost-effective delivery of those services. About the Author Peter E. Hennigan Mr. Hennigan''s experience includes more than twenty years in analytical, sales, financial and IT roles. As a Principal with Technology Contract Solutions (TCS) 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 can now be drastically improved with the advent of enterprise asset management (EAM) solutions that incorporate closed-loop diagnostics. This best-of-breed maintenance functionality extends the boundaries of traditional software by providing specialized failure analysis features that are fully integrated with core business processes. This paper examines how EAM solutions can support closed-loop diagnostics to provide a number of significant benefits.

maintenance cost improvement  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 can now be drastically improved with the advent of enterprise asset management (EAM) solutions that incorporate closed-loop diagnostics. This best-of-breed maintenance functionality extends the boundaries of traditional software by providing specialized failure analysis features that are fully integrated with Read More

Controlling Project Cost Overruns


This white paper examines how Pertmaster can reduce exposure to project cost risk throughout the project lifecycle by using a combination of a high level cost estimate analysis and a detailed schedule-based cost risk analysis. Contingency and management reserve is also discussed.

maintenance cost improvement  Project Cost Overruns This white paper examines how Pertmaster can reduce exposure to project cost risk throughout the project lifecycle by using a combination of a high level cost estimate analysis and a detailed schedule-based cost risk analysis. Contingency and management reserve is also discussed. 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 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.

maintenance cost improvement  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

Outsourcing Security Part 2: Measuring the Cost


Evaluating the cost of outsourcing can be challenging because most organizations cannot fully estimate the financial impact of such a decision.

maintenance cost improvement  for 10 servers. (5) Maintenance cost based on 15 percent of software license cost. (6) Setup cost includes implementation and setup services for remote management and ongoing maintenance for software. Without MSSP, implementation services are costlier and company must provide ongoing software maintenance (upgrades, patches, etc.) with internal resources. (7) Salary increases based on average high 9 percent increase over previous year. (8) This scenario assumes a conservative 30 percent annual turnover 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 meanings for Spinnaker. For one, as a recent entrant into the third-party support and maintenance market for SAP customers (compared to a veteran provider like Rimini Street), this win adds to Spinnaker’s budding list of SAP

maintenance cost improvement  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 meanings for Spinnaker. For one, as a recent entrant into the third-party support and maintenance market for SAP customers (compared to a veteran provider like Rimini Street), this win adds to Spinnaker’s budding list of SAP reference customers. In addition, D+M Group is a first-time third-party Read More

Lean Operational Improvements That Last From Islands of Improvement to Enterprise-wide Excellence


Many discrete manufacturers have adopted lean manufacturing approaches, but haven’t pursued lean improvement methods. Even those that have report only small, local benefits. A holistic approach is needed to see the long-term benefits of lean. To find out if your company is ready to make lean improvements, you need to ask key questions. Discover what they are, and how to start down the path to leaner manufacturing.

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