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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

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...
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

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...
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

maintenance cost improvement  proactive and accept more maintenance cost in order to insure that the asset will not fail. Here, a time-based preventive maintenance strategy works well. If both the cost of failure and the cost of maintenance are high, we need to use RCM concepts and manage the health of the asset to avoid failures while minimizing the maintenance cost. Reliability software enables us to manage asset health effectively and efficiently (lean), monitoring the condition of assets using a combination of time based Read More...
Lean Maintenance: Best Practices to Turn Asset Management into a Profit Center
It’s common knowledge that asset downtime disrupts production and drives up both process and per-unit operating costs. However, executives often lose sight of

maintenance cost improvement  an effort to view maintenance as a positive activity, it is important to see it as a profit center instead of a cost center. A cost-center approach is strictly concerned with adhering to the budget and decreasing expenses as much as possible. In contrast, the profit-center model realizes that investment and operating costs can be allocated to improve efficiency. This increased efficiency naturally results in higher profits. One of the most popular buzz-words in business today is lean. This term 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

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...
Managing IT in a Downturn: Beyond Cost-cutting
During a downturn economy, the IT department is often among the first to be hit with senior executives’ cost-cutting initiatives. Yet in some instances, IT

maintenance cost improvement   Read More...
Service: Reduce Cost While Maintaining Customer Satisfaction
Maximizing profit by providing top-quality service at minimum cost is no longer optional – it’s imperative. Reducing the cost of service while keeping customers

maintenance cost improvement  Reduce Cost While Maintaining Customer Satisfaction Maximizing profit by providing top-quality service at minimum cost is no longer optional – it’s imperative. Reducing the cost of service while keeping customers happy is the primary objective of customer service organizations. Customer relationship management (CRM) applications help you streamline customer service processes and reduce cost, enabling you to keep your customers happy and grow your business. Find out how. Read More...
Forecasting Total Cost of Ownership for Initial Deployments of Server Blades
For organizations deploying many servers, total cost of ownership (TCO) analyses favor blade over rack-optimized systems. Blade server systems—reducing both

maintenance cost improvement  Total Cost of Ownership for Initial Deployments of Server Blades For organizations deploying many servers, total cost of ownership (TCO) analyses favor blade over rack-optimized systems. Blade server systems—reducing both capital and operating expenses—exploit economies of scale when deploying servers in volume. Saving power, cooling, and space by more than 25 percent, the blade advantage is particularly relevant for servers working in conjunction with storage area networks (SANs). 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...
Managing the Total Cost of Ownership of Business Intelligence: A 360-Degree Perspective
For many companies, total cost of ownership (TCO) of business intelligence (BI) solutions is out of control. And the problem is growing, fueled by ever

maintenance cost improvement  the Total Cost of Ownership of Business Intelligence: A 360-Degree Perspective For many companies, total cost of ownership (TCO) of business intelligence (BI) solutions is out of control. And the problem is growing, fueled by ever-increasing demands from the user community, massive new sources for data, new capabilities, shadow it landscapes, and the cost of keeping people abreast of all the changes. This paper focuses on developing a framework for monitoring and managing the TCO of BI. Read More...
How One Vendor Parlays Price Variation into Profit Improvement Opportunities
Rather than sticking to such outdated and speculative pricing practices as

maintenance cost improvement  One Vendor Parlays Price Variation into Profit Improvement Opportunities Zilliant is a data-driven price management software provider that aims to help business-to-business (B2B) companies maximize revenue and margins using advanced price segmentation, optimization, and execution capabilities. To learn more, please see part one of this series What if Companies Could Use Science to Align Prices to Market and Maximize Margins? The Pricing Challenges that B2B Participants Face In narrowing down the key Read More...
How CFOs Can Overcome Internal Resistance to Cost Reduction
The major barrier to continuous cost reduction is not the suppliers; instead, the internal resistance to change by employees is often the primary reason

maintenance cost improvement  CFOs Can Overcome Internal Resistance to Cost Reduction The major barrier to continuous cost reduction is not the suppliers; instead, the internal resistance to change by employees is often the primary reason millions of dollars can be left on the table. This white paper will walk you through the top seven techniques for combatting resistance to expense reduction and give you some best practices in the area of cost containment. Read More...
The Quest for Leaner Asset Management: Interoperablility with ERP, GIS and HMI/SCADA Enables Maintenance Management Systems to Achieve Higher Levels of Efficiency and Increased Asset Output
Managers of maintenance systems continually strive for leaner, more optimized work flows. This white paper presents the benefits achieved by interoperating with

maintenance cost improvement  GIS and HMI/SCADA Enables Maintenance Management Systems to Achieve Higher Levels of Efficiency and Increased Asset Output Managers of maintenance systems continually strive for leaner, more optimized work flows. This white paper presents the benefits achieved by interoperating with enterprise resource planning (ERP), geographic information system (GIS), and human machine interface (HMI) and supervisory control and data acquisition (SCADA) systems. The paper also presents the different approaches that Read More...
Asset Management: The Changing Landscape of Predictive Maintenance
Uncertainty around an economic recovery is keeping capital and operational budgets tight. Companies are now using specific capabilities to predict asset failure

maintenance cost improvement  Changing Landscape of Predictive Maintenance Uncertainty around an economic recovery is keeping capital and operational budgets tight. Companies are now using specific capabilities to predict asset failure in order to avoid costly downtime and reduce maintenance costs. Learn how, with this Analyst Insight report from Aberdeen Research. Read More...
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

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...

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