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Documents related to » maintenance cost reduction


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 reduction  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...
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 reduction  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 reduction  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...
Reliability Driven Maintenance--Closing the CMMS
Reliability driven maintenance (RDM) focuses on understanding the

maintenance cost reduction  proactive and accept more maintenance cost in order to insure that the asset will not fail. Here, a time-based preventive maintenance strategy should work well. Finally, if both the cost of failure and the cost of maintenance are high, one needs to use RCM concepts and manage optimally the health of the asset to avoid failures while minimizing the maintenance cost. Only by selecting the most justified maintenance strategy one could expect optimally increased profits due to reduced costs (e.g., reduced Read More...
Reducing the Cost of Systems Operations
Disintermediation is the process of removing redundant intermediaries from a systems management infrastructure. Once vital to systems monitoring, proprietary

maintenance cost reduction  costs, software configuration, and maintenance than they would if they implemented a centralized management solution. Factor in the reality that most of the monitoring being carried out by these remote monitoring tools is actually switched off and you begin to see the significant opportunity for cost reduction in systems monitoring. Agentless monitoring is a management configuration that does not require an agent to be installed on the managed server. With agentless monitoring, requests for information Read More...
The SaaS Dilemma: Deciding Between Cost and Benefits
There’s a disconnect in the way most software companies, even cloud-based software-as-a-service (SaaS) companies, license their systems. And it is all about the

maintenance cost reduction  SaaS Dilemma: Deciding Between Cost and Benefits There’s a disconnect in the way most software companies, even cloud-based software-as-a-service (SaaS) companies, license their systems. And it is all about the concept of seats or use licenses. Learn how the Plex Manufacturing Cloud licensing model paves the way for your success with unlimited seats. Read More...
Capturing Project Cost in Project ERP
Most enterprise resource planning (ERP) software is not designed to effectively capture cost in a project-based environment, such as engineer to order, engineer

maintenance cost reduction  Project Cost in Project ERP Most enterprise resource planning (ERP) software is not designed to effectively capture cost in a project-based environment, such as engineer to order, engineer procure construct, or services. This white paper covers organizational and technology barriers to capturing project cost, along with criteria for selecting the ideal ERP for effective project costing for your organization. Read More...
Cost Accounting Primer
Whether you’re familiar with the world of accounting or not, understanding the basic concepts and principles of accounting functions can give you an essential

maintenance cost reduction  Accounting Primer Whether you’re familiar with the world of accounting or not, understanding the basic concepts and principles of accounting functions can give you an essential edge in the competitive manufacturing sector. This in-depth guide, complete with glossary, takes you through the step-by-step process of cost accounting for manufacturers—from prototype manufacturing, shipping, and full production, through to financial reports. Read More...
Moving to the Cloud: Understanding the Total Cost of Ownership
In Moving to the Cloud: Understanding the Total Cost of Ownership, you''ll learn about the hard and soft costs associated with both cloud-based and ...

maintenance cost reduction  to the Cloud: Understanding the Total Cost of Ownership Moving to the Cloud: Understanding the Total Cost of Ownership Thinking of cloud computing for some or all of your company''s IT needs? Before you commit to anything, make sure you know the total cost of ownership (TCO) of cloud-based solutions. In Moving to the Cloud: Understanding the Total Cost of Ownership , you''ll learn about the hard and soft costs associated with both cloud-based and on-premise software—so that you can determine which Read More...
College Cuts Cost 50 Percent, Boosts Productivity 75 Percent
Villa Maria College tried both minicomputer-based and UNIX-based student information and administrative systems, and saw high costs and inflexible performance

maintenance cost reduction  Cuts Cost 50 Percent, Boosts Productivity 75 Percent Villa Maria College tried both minicomputer-based and UNIX-based student information and administrative systems, and saw high costs and inflexible performance. To solve these problems, it migrated to the Comprehensive Academic Management System from Three Rivers Systems. Find out why. Read More...
Understanding the True Cost of Sourcing
In today''s twenty-first century, global outsourced business world, the traditional and somewhat simplistic approaches used to measure cost for sourcing

maintenance cost reduction  the True Cost of Sourcing The Shortcomings of Traditional Procurement In today''s twenty-first century, global outsourced business world, the traditional and somewhat simplistic approaches used to measure cost for sourcing decisions of direct materials fall short. Procurement history is laden with penny-wise, pound-foolish decisions where the low cost supplier ultimately costs tens or hundreds of millions in lost revenue, lost market share, expedite fees, or write-offs. This goes beyond total Read More...
LTL Purchasing Best Practices: The 10 Essentials for LTL Efficiency and Cost Reduction
At first glance, less-than-truckload (LTL) purchasing seems like a straightforward process. However, purchasing approaches that save you money in the short term

maintenance cost reduction  Purchasing Best Practices: The 10 Essentials for LTL Efficiency and Cost Reduction At first glance, less-than-truckload (LTL) purchasing seems like a straightforward process. However, purchasing approaches that save you money in the short term also introduce your company to financial and operational risk. A truly successful LTL bidding process is data-driven and has very different financial outcomes for shippers, 3PLs, and their customers. Discover more about this and other LTL best practices. Read More...
Case Study: Material and Labor Cost Categories Defined for Young Electric Sign Company
By implementing a job costing and enterprise resource planning (ERP) system designed for discrete manufacturing, Young Electric Sign Company (YESCO) was able to

maintenance cost reduction  Study: Material and Labor Cost Categories Defined for Young Electric Sign Company By implementing a job costing and enterprise resource planning (ERP) system designed for discrete manufacturing, Young Electric Sign Company (YESCO) was able to save almost $250,000 (USD). Managers now have more accurate views of job completion and employee performance. Plus, the system’s ability to sort service contracts by region enables YESCO to be more responsive to its customers. Learn about the other benefits. Read More...
Maintenance Team at Lakeside Educational Network Keeps Things Running Smoothly for Students Going Through Rough Patches
The maintenance team at the Lakeside Educational Network (LEN) near Philadelphia addresses a diverse set of challenges; not only managing 72,000 square-feet of

maintenance cost reduction  Through Rough Patches The maintenance team at the Lakeside Educational Network (LEN) near Philadelphia addresses a diverse set of challenges; not only managing 72,000 square-feet of building space, they must also cut grass and remove snow over a 20-mile radius; conduct inspections and repair a fleet of trucks, cars and vans; and address a host of other tasks. To help manage the depth and breadth of maintenance tasks at LEN, the 15-person team uses a CMMS called Bigfoot CMMS. Among other things, Bigfoot Read More...
Moving to the Cloud: Understanding the Total Cost of Ownership
Before adopting any applications for key business functions, executives should perform a thorough total cost of ownership (TCO) analysis. Unfortunately, apples

maintenance cost reduction  infrastructure and resource overhead, maintenance costs, ongoing operations, flexibility, and risk. Download this paper to learn more about how you can estimate the true TCO of cloud applications versus traditional on-premise software. Read More...

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